Hose manufacturer snapped up by German buyer
A SPECIALIST manufacturer of composite hoses - whose products are used to refuel Formula 1 racing cars - has been sold to a German industrial firm.
Dantec Hose, based at Moreton on the Wirral, has been acquired by Hambury company Elaflex-Gummi Ehlers, representing a successful exit for its private equity backer Maven Capital Partners.
New owner Elaflex has more than 450 staff and is a major player in the refuelling equipment sector.
Maven, which has been invested in Dantec since September 2011, gen... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
