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BayWa Agrees to Sell Cefetra to First Dutch, Cutting Over €650 Million of Bank Debt

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finance-magazin.de

M&A Deals: Baywa, Child, Tönnies

Baywa repays millions of debts with Cefetra sale Another Baywa asset goes over the shop counter: Baywa has agreed with the first-dutch group of Dutch entrepreneur Peter Goedvolk on the sale of its subsidiary Cefetra. The deal, which is still subject to antitrust scrutiny, will reduce Baywa's bank liabilities by more than 650 million euros, the company announced. This is a further step towards transformation, which aims to achieve a sustainable f…

4 days ago

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