Buyouts
RUSSIA - Lion Capital to acquire Russian Alcohol
Lion Capital is to acquire a majority stake in Russian Alcohol Group. Goldman Sachs and Central European Distribution Corporation, a vodka producer in Poland and Russia, will also co-invest in the company.
ITALY – Cape acquires 65% stake in ITM
Cape Natixis has acquired a 65% stake in pipe manufacturer International Trading Manufacturing (ITM) through its fund Cape Natixis Due.
UK - Aberdeen acquires TC Communications
Aberdeen Asset Managers Growth Capital has led the buyout of marketing and communications agency TC Communications Ltd.
ITALY – Arca Imprese acquires 70% stake in clothing retailer
Arca Imprese has acquired a 70% stake in clothing retailer Finalba Store, with the remaining stake being held by the company’s founder Giancarlo Bassi, who will remain the company’s CEO.
SWEDEN - EQT acquires Valeo Engine Cooling
EQT Opportunity has acquired the heavy duty engine cooling division of Valeo, a French automotive group, for an undisclosed value.
FRANCE – Edmond de Rothschild CP acquires AJ Tech
Edmond de Rothschild Capital Partners has taken a majority stake in heat pumps manufacturer AJ Tech in an LBO transaction. Joël Amisse, the company’s founder, retains a significant stake in the company, while the deal also sees Roger Gubanski join the...
UK - Private Equity eyes Paperchase
HgCapital, ISIS Equity and Change Capital are said to be frontrunners in the competition to buy stationery chain Paperchase from bookseller Borders.
GERMANY - Equity Partners backs MBO of Nokia unit
Equity Partners GmbH has, together with the manager Razvan Olosu, signed an agreement to acquire Nokia's line fit automotive business for an undisclosed amount. The company will be held by newco novero GmbH.
SWEDEN - CapMan buys Cederroth
CapMan Buyout VIII has acquired the majority of the shares in Cederroth, a Swedish manufacturer and distributor of consumer products, from American listed Alberto-Culver Company, for an undisclosed sum. CapMan Mezzanine IV supplied mezzanine to support...
UK - DLJ to acquire school holidays group
DLJ Merchant Banking, the private equity arm of Credit Suisse, is to acquire the Education & Adventure Travel Group, an organiser and manager of school holidays, from Bowmark Capital for around ТЃ100m according to reports.
ITALY – Stirling Square and Sirius to acquire sportswear firm
Stirling Square Capital Partners and Sirius Equity have announced the acquisition of sportswear company Jeckerson from Blue Fashion Group in a management buyout valued at EUR 140m.
ITALY – Industriekapital acquires Faral
Bavaria Industriekapital has acquired radiator manufacturer Faral SpA from the Swiss Zehnder Group, a global player in the heating and climate control business. The parties also signed an agreement to ensure the ongoing supply of key components to the...
ITALY – Mittel to acquire E.Capital
Mittel is in the process of acquiring 100% of investment management advisory E.Capital Partners, in a deal valued at around EUR 50m.
SWEDEN - Eqvitec acquires Mantacore
Eqvitec Technology Fund III has acquired a majority stake in Mantacore AB, a supplier of complete policy management systems for insurance companies and brokers, for an undisclosed value, with the management retaining a minority shareholding in the business....
FINLAND - Eqvitec Technology acquires Powernet
Eqvitec Technology Fund III has acquired the majority of the shares in Powernet Oy, a power supplies provider, for an undisclosed sum. Management maintains a significant stake in the business.
GERMANY – Hanse Industriekapital acquires Balda subsidiaries
According to reports, Hanse Industriekapital has acquired Balda Solutions and Balda Werkzeugbau from German mobile phone supplier Balda AG.
UK - Barclays acquires 38% of MRH
Barclays Private Equity has acquired a 38% stake in MRH (GB) Ltd, an owner and operator of petrol filling stations, for an undisclosed sum.
ITALY – Private equity interest in snack and beverage distributor
Merrill Lynch Global Private Equity and Argan Capital are set to launch an auction to find a new buyer for snack and beverage distributor N & W Global Vending. Several private equity buyers are reported to be potentially interested in making a bid, including...
SPAIN - SES Iberia acquires majority stake in Salgar
Espírito Santo Capital and Sigefi Private Equity, through their common fund SES Iberia, have acquired a 52% stake in bathroom accessories manufacturer Comercial Salgar in an LBO valued at EUR 48m.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
UK - Private equity interest for RBS's insurance arm
The auction of Royal Bank of Scotlandтs insurance arm is due to begin this week and is expected to field a large collection of financial and strategic investors alike.
SWEDEN - Accent acquires Nordic Shelter Solutions
Accent Equity 2008 has completed the MBO of Nordic Shelter Solutions (NSS), a Swedish provider and developer of sheltering and warehousing solutions, from investors represented by Helmet Business Mentors for an undisclosed value.
AUSTRIA/ITALY - Capexit acquires Anzi Besson
Capexit has acquired ski wear company Anzi Besson S.R.L., located in Turin. The business is to be held by newly established entity Besson Sportswear GmbH, which is located in Austria and owned by Capexit and the management.