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Compagnie Européenne de Prestations Logistiques

European Capital Invests €30 Million in CEPL

St. Peter Port, Guernsey – 24 September 2008 – European Capital Limited (LSE: ECAS) ("European Capital"), announced today that its subsidiary ECAS S.à.r.l. has invested €30 million ($43 million) in Compagnie Européenne de Prestations Logistiques ("CEPL"), a leading European logistics provider specialized in the outsourcing of automated multi-product order preparation ("Detailed Picking"). The investment was led by the Paris office of European Capital Financial Services Limited ("European Capital Financial Services") and supports the acquisition of the company by Arcapita Bank B.S.C.(c) and its affiliates. [more...]