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HgCapital announces sale of QUNDIS to KALORIMETA

HgCapital, the Manager of HgCapital Trust plc , has announced that it has agreed the sale of QUNDIS, a leading provider of sub-metering solutions in Europe, to a German investment group around KALORIMETA (“KALO”), a leading service providers for climate-intelligent solutions in the buildings sector, for a total enterprise value of c. €400 million.