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IK doubles its money on sale of care provider

Secondary buyout sees German care home business sold to Nordic Capital

Pan-European buyout firm IK Investment Partners has doubled its money on the sale of German care provider GHD GesundHeits to Nordic Capital.

IK said in a statement that it had agreed to sell GHD, a Hamburg-based provider of home care services for 140,000 patients in Germany. The company also supplies medical products to its customers, specialising in cancer treatment.

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