Gazprombank.ru 05 June 2013
MIR Capital, a private equity fund formed by Gazprombank and Intesa Sanpaolo to support the growth of medium-sized Italian and Russian companies with a high potential for international expansion, has made its first investment by acquiring a minority stake in Packer Service Group.
Packer Service Group is a Russian company specializing in hi-tech services and solutions for some of the largest oil and gas companies. The investment will be used towards developing Packer Service Group, and particularly for the acquisition of new, advanced technology equipment which will enable the company to expand its range of services.
The investment, made within one of the most strategic sectors of the Russian economy, is the first result of the intense collaboration between Gazprombank and Intesa Sanpaolo for MIR Capital in recent months.
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MIR Capital fund makes first investment in Packer Service Group
