CapVis, Management Team Purchase Benninger Textile
CapVis Equity partners AG, a Swizerland-based private equity firm, has purchased 85 percent of the
shares of Switzerland-based textile machinery manufacturer Benninger Textile Systems Co. Ltd. per a
transaction retroactive to July 1, 2005. Benninger's management team, including Franz Koller,
current CEO and former managing director, now owns the remaining 15 percent.
Switzerland-based Benninger Guss AG and Benninger Immobilien AG are not a part of the sale, which had an undisclosed transaction price. Charles Peter, the company's former owner and sole shareholder, has been named honorary president.