VLPS Madrid Management Buy-Out
Wednesday, 9 August 2000
Vari-Lite International has sold its operations in Madrid to an investment group led by Pablo Galindo Aragon and Sonia Martin, the managers of VLPS Madrid. Terms of the transaction are being kept under wraps, but we understand it includes the sale of Vari-Lite Production Services SL, the company's wholly-owned subsidiary in Madrid, and all the Vari-Lite automated equipment located in Spain and Portugal. Additionally, VLPS Madrid has been appointed a dealer for Vari-Lite International in Spain, Portugal and Northern Africa.

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