Private-equity firms including Goldman Sachs’ buyout arm are considering an investment in HeidelbergCement, the building-materials maker owned by the family of late German billionaire Adolf Merckle, reports the WSJ. Goldman has expressed interest in taking a stake in HeidelbergCement, possibly in partnership with U.S. buyout firm TPG, said people familiar with the matter, adding that PAI Partners, the French buyout house, is considering a separate investment. Any investment would likely involve a minority stake, but could lead to the sale of a majority holding later. A 20% stake in the company could cost about €1bn ($1.3bn).

This entry was posted by Gwen Robinson on Friday, January 16th, 2009 at 5:48 and is filed under Capital markets, M&A, People, Private equity. Tagged with adolf merckle, goldman sachs, heidelbergcement, tpg. Edit this entry.