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Advent International files tender offer for Devin

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1st December 2009 - Advent International, the global private equity firm, today announced that it has filed a tender offer in relation to its intended acquisition of approximately 9.9% of the shares in Devin AD (“Devin”) at the Financial Supervision Commission (“FSC”) in Sofia. The tender offer is filed jointly by Advent and Devin’s top managers, who now hold a combined share of 90.1% of Devin’s capital   (Advent holds approximately 83.4% and the top managers 6.7%). The tender offer will be launched oncethe FSC grants  approval , at which point the conditions of the tender offer will be published in line with the applicable regulations. 

Advent International has been investing across Central Europe with local funds and offices since 1994. The firm has financed and supported a number of companies in the food and drink sector globally to achieve successful growth, including Brewery Holdings in Romania, Star Foods in Poland, Uno in Turkey and Graffigna in Argentina.

Advent’s advisers in executing the tender offer include Elana Trading (brokerage) and CMS Cameron McKenna (legal).


Chris Mruck

Managing Partner, Czech Republic

T: +420 234 749 750
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