Doughty Hanson Buys KP1

Doughty Hanson & Co. has agreed to acquire KP1, an Avignon, France-based manufacturer of prefabricated and pre-stressed concrete products, focusing on floors and structural systems for the building industry. No financial terms were disclosed, although Doughty Hanson did say that KP1 expects to generate 2006 revenue of approximately Euro 310 million.