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Risks related to potentially illegal employment practices contributed to abandoning the investment opportunity in due diligence phase.
Industrial
Discontinued investment opportunity
n/a
Background checks on current owners lead to discontinued interest to go forward with the potential deal
Possible leakage in one of portfolio company's workshops
In May 2019, local water utility company informed that waste water near one of the portfolio company’s properties showed levels well above the limit values that could have been caused due to leakage in the company’s workshops. The supervisory authority has been investigating the matter but no update has been heard since then (i.e. no indication that the incident originated from the company's facility).
Closely monitored, collaboration with the supervisory authority to assist on their investigation
Materiality is evaluated case by case with dialogue between CapMan case responsibility, other members of Board of Directors and the management. External experts are consulted if deemed necessary.