Penta makes indicative offer for all A-TEC divisions

Central Europe-focused private equity group Penta has made an indicative offer to buy out all three divisions of A-TEC Industries. Penta has made the offer through the trustee, Dr. Matthias Schmidt, and is ready to settle and sign within a matter of weeks should the trustee want this. Due diligence has already been carried out on a full scale and Penta is willing to shoulder the burden of risk analysis and mitigation on the legal front. Though indicative offers are rarely final, Penta has agreed to try and find solutions to legal issues that will have minimal or no impact of the final purchase price.