European Capital and 3i’s pressing business in CEE

European Capital invested €10 million in the mezzanine facility of Euro-Druckservice (EDS), a commercial printer operating in Central and Eastern Europe. European Capital’s investment represents a significant share of the mezzanine facility arranged by Dresdner Kleinwort and supports the acquisition of EDS by 3i.

“We are investing in a leading commercial printing company that is ideally positioned to service the rapidly growing economies of central and eastern Europe,” said Ira Wagner, president of European Capital Financial Services. “This is our Frankfurt office’s first investment since its opening four months ago. We are delighted that its first transaction is with 3i, a world leader in private equity with whom we have a successful and widening partnership.”

“While commercial printing in Western Europe reflects the region’s overall modest growth, demand for commercial printing in Central and Eastern European countries is growing strongly,” said Robert von Finckenstein, managing director of European Capital Services. “EDS, invested in the most up-to-date printing equipment and established relationships among major international publishers and retailers. Led by a management team proven in integrating acquisitions, EDS is positioned to further increase output through additional acquisitions and greenfield expansion.”