India: Access PE exits investment in adult diaper maker Nobel Hygiene

India: Access PE exits investment in adult diaper maker Nobel Hygiene

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Access India Fund and its co-investors (Access PE) on Wednesday said it has exited its entire stake in adult diaper maker Nobel Hygiene, with 8 times returns on its investment. The stake was picked up by Quadria Capital, who also invested in the company and acquired additional stake from CLSA Capital, investing almost Rs500 crore in the transaction.