Source - Alliance News

Oakley Capital Investments Ltd - provides access to private equity funds managed by investment adviser Oakley Capital Ltd - Makes £5 million indirect contribution to an investment by Oakley Capital Origin Fund II in Infravadis GmbH. The Hanau, Germany-based company has been formed to pursue a buy-and-build strategy in the European market for underground infrastructure maintenance. As its first acquisition, Infravadis bought a majority stake in Frankfurt-based Abfluss Schafer Group, which provides sewage cleaning, pipe inspection and repair services. The investment by the Oakley funds is expected to be completed by the end of June.

Current stock price: 489.50 pence

12-month change: down 1.1%

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