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Strategic Value Partners to acquire TPG’s stake in Vita Group

Strategic Value Partners has agreed to acquire TPG Capital’s stake in Vita Group, according to a PE News report. At the close of the deal, Strategic Value Partners, which already owns a minority stake, will then own a majority of Vita Group, PE News has reported. Vita Group is a manufacturer and marketer of flexible polyurethane (PU), Talalay latex and flooring products. The company operates across Europe and with a presence in the US & China.

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