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Sun Capital Acquires Neckermann

Sun Capital Partners Inc. has completed its acquisition of German mail order company Neckermann.de GmbH.

Sun Capital Partners Inc. has completed its acquisition of German mail order company Neckermann.de GmbH.

Terms were not disclosed.

With this transaction, Sun acquires a controlling 51% interest in Neckermann, assuming complete operational responsibility. Neckermann was a full subsidiary of Arcandor AG, which will retain the remaining 49% interest in Neckermann.

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