Coup Is No Washout

The JournalJanuary 07, 2004

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Summary


Investment group JPMorgan Partners has bought the world's largest car wash chain in a pounds 350m deal.

The acquisition will see the firm take over the IMO Car Wash Group from a team of financial investors, led by Bridgepoint and Phoenix Equity Partners.

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Extract


Coup Is No Washout

IMO operates more than 800 automatic conveyor carwashes in 12 Eur...

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