09.12.2012
Odewald buys into Scholpp
German private equity firm Odewald & Compagnie which recently bailed out of German platform rental company Mateco by selling it to TVH, has acquired a stake in Stuttgart based Scholpp.
While covering the TVH/Mateco takeover we discovered that the firm had quietly bought a 49 percent holding in the German crane and rigging company earlier this year.
Scholpp employs over 1,000 staff, with 16 locations in Germany, and three overseas 2011 revenues were more than €100 million. Wolfgang Mueller and Martin Scholpp retain the majority 51 percent stake and continue to lead the company
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