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| European Capital Invests €20 Million In Onduline European Capital, a buyout and mezzanine fund, has arranged the €20 million ($24 million) mezzanine facility of Onduline, a leading global supplier of corrugated bitumen sheets to the roofing market. European Capital's investment takes the form of mezzanine bonds and supports ABN AMRO Capital France and Astorg Partners' acquisition of Onduline. Headquartered in Paris, Onduline was the first company to introduce single-layer corrugated bitumen sheets as an economical lightweight solution for thermal and acoustic insulation on pitched roofs for residential construction, agricultural warehousing and lightweight industrial applications. The company has approximately 1, 000 employees and operates 10 production plants in Italy, Portugal, France, Belgium, Turkey, Poland, Ukraine, Brazil and Malaysia and also has 23 sales offices worldwide. write your comments about the article :: © 2006 Construction News :: home page |