MML completes successful exit of global leader, Gravotech
We are delighted to complete our exit of Gravotech, one of our last remaining investments in MML Partnership Fund VI, concluding a very successful partnership with Gravotech’s management team.
MML has received an offer to purchase Gravotech
MML has received an offer to purchase (referred to as the “Put Option Letter”) from the French company Braton Europe S.A.R.L., a wholly owned subsidiary of Brady Corporation, the parent company of the Brady Group (“Brady”), directed to all shareholders of Gravotech Holding, the parent company of the Gravotech Group (“Gravotech”).
MML backs Gravotech, leader in marking solutions
MML has backed Gravotech, a leader in engraving, marking and cutting solutions. MML has invested as a majority partner alongside Bpifrance – a French institutional investment bank – and management. Debt is provided by a pool of senior banks and Idinvest.
