Hil announced that the company through its wholly owned subsidiary, HIL International GmbH, Germany has completed the acquisition of Parador Holdings GmbH, Germany after receiving all necessary regulatory approvals including anti-trust approvals from German Federal Republic.
The transaction has been concluded with acquisition of 100% equity in Parador Holdings GmbH, Germany from its current shareholders M/s. NORD Holding Unternehmensbeteiligungsgesellschaft mbH, M/s. Deutsche Mittelstandsholding f Industriebeteiligungen GmbH & Co. KG, Lubert Winnecken and Hendrik Vo
Post this acquisition HIL will emerge even stronger within its field globally, delivering sustainable value to all its stakeholders.
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