ZURICH, Switzerland, November 7 /PRNewswire/ --
Matterhorn Capital Ltd, the US$300 million Swiss industrial and technology investment company, announced today that co-founder, Jonathan H. Holley, has sold his stake in the company to a group of existing shareholders. No transaction details were disclosed.
Mr. Holley had previously notified the Board of Directors of his intention to sell his stake upon his appointment as Chief Executive Officer of Dubai Group-Tatweer Fund Management Company in the United Arab Emirates.
Commenting on the sale announcement, Lars Allman, Matterhorn Chief Executive and Co-Founder, said: The sale does not reflect any material change to Matterhorn's shareholder value, although Matterhorn has lost a true leader and one of the premier value investors in the U.S. and Central European markets. We wish him the best in his new leadership role in Dubai.
Lars Allman of Matterhorn Capital Ltd, +41-794-07-1575
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