Odewald KMU Fund sells stake in the DPUW Group

With this transaction, the fourth portfolio company of the first Odewald KMU Fund has been sold.

Together with its fellow shareholders, the Odewald KMU Fund has sold its stake in DPUW Deutsche Pflege und Wohnen AG [German Care and Assisted Living] to the strategic investor Armonea in Belgium. The DPUW Group, founded in 1998, is a medium-sized service company specialising in the permanent and short-term inpatient care of elderly people in need of care and people with disabilities or dementia. The DPUW Group operates 17 facilities in Germany with approximately 2,750 care places in the federal states of Lower Saxony, Schleswig-Holstein, Saxony-Anhalt, Saxony, Berlin and Bavaria. Odewald KMU had invested in the DPUW Group in 2010 as part of a pending succession plan.