Buyouts
DENMARK - Axcel acquires 60% of Pandora
Axcel has acquired 60% of Pandora, a Danish jewellery manufacturer, from its two founders, Per and Winnie Enevoldsen, their son and a number of senior staff, for an undisclosed value. The current owners will re-invest along with Axcel and hold the remaining...
SWITZERLAND - Riverside acquires EM Test Group
The Riverside Company has acquired EM Test Group for an undisclosed amount. The investment was made from REF III.
GREECE - Vivartia strengthens its position in the Greek food market
MIG's food and beverage investment arm, Vivartia, is preparing a bid for the Everest group and Olympic catering, both Athens-listed food service companies. The deal will be done through newly created holding company Alkmini Catering. Vivartia owns 51%...
SWEDEN - Altor to purchase Papyrus
Altor has agreed to back the buyout of Swedish paper business Payprus from existing parent Stora Enso. Göteborg-based Papyrus retains its management team and will pursue an acquisitive growth strategy following the deal. Handelsbanken is providing debt...
UK - Cognetas and Englefield acquire Morrison Utility Services
Cognetas and Englefield Capital have jointly acquired Morrison Utility Sevices, part of Anglican Water Group, for ТЃ135m in a management buyout.
CEE - Marfin Investment acquires 75% of Sunce for EUR 155m
Marfin Investment Group (MIG) has acquired 75% of Croatian tourism and leisure company Sunce for EUR 155m. Sunce and MIG will develop Stubicke Toplice, a health tourism project and public-private-partnership alongside the County of Krapina and Zagorje,...
UK – ISIS leads £11m BIMBO of Nexus
ISIS Equity Partners has led an ТЃ11m buy-in/management buy-out of vehicle rental specialist Nexus Vehicle Management.
UK - LDC backs Omega Red
LDC has backed the buyout of lighting protection and electrical earthing systems business Omega Red.
UK - Charterhouse acquires Tunstall for £514m from Bridgepoint
Charterhouse Capital Partners has purchased telecare systems business Tunstall Group from incumbent backer Bridgepoint in a ТЃ514m deal.
ITALY – Batra brothers and Barclays acquire sports brand Fila
Indian brothers Rajiv and Rajesh Batra, alongside Barclays Ventures, have acquired sports clothing manufacturer Fila in a deal valued at approximately EUR 100m.
ITALY – Private equity interested in fashion house Cavalli
According to reports a number of private equity firms have shown an interest in bidding for prêt-à-porter house Roberto Cavalli.
FRANCE - CM-CIC Capital Privé backs buyout of EPS
CM-CIC Capital Privé has acquired industrial cleaning company EPS. CM-CIC funded the deal through its FIP Select Paris Rhône 5 and FIP Select France 6 funds.
GERMANY - Grainville Baird leads buy-out of Siemens division
A consortium including Granville Baird and T-Mobile Venture Fund have acquired the wireless modules business of Siemens AG for an undisclosed sum. The transaction is expected to close in the second quarter of 2008.
SPAIN – Rhône Capital interested in wholesaler El Árbol
According to reports, French firm Rhône Capital is considering a bid for Spanish wholesaler El Árbol.
UK – YFM in £6m MBO of Fishawack
YFM Private Equity has invested ТЃ2.55m to back the ТЃ6m MBO of Fishawack, a specialist medical communications business. Other investors included the Chandos Fund which invested ТЃ2.05m and the British Smaller Companies VCT which invested ТЃ0.5m. Co-op...
UK - HSBC backs £77m SBO of Britton Group
HSBC Private Equity has acquired plastic packaging manufacturer Britton Group from LDC for ТЃ77m.
SWEDEN - Procuritas acquires Olivia Group
Procuritas has acquired the majority of the shares in Olivia Group, a company that specialises in personal assistance for functional impaired individuals and elderly care services, for an undisclosed value. The management and its founder, Karsten Inde,...
UK – LDC backs £27m MBO of Davies Chartered Loss Adjusters
LDC has invested ТЃ8.6m in the ТЃ27m MBO of Davies Chartered Loss Adjusters, a provider of loss adjusting and associated claims services to the insurance industry.
DENMARK - AAC Capital and Polaris in BabySam MBO
AAC Capital Partners and Polaris Private Equity agreed to acquire a majority stake in BabySam as part of an management buyout of the business for an undisclosed value.
ITALY – Palladio acquires industrial manufacturer Emer
Palladio Finanziaria has acquired specialised industrial manufacturer Emer in a club deal led by Pop Milano Venice which also included Mps Capital Services and Efibanca. The value of the transaction has not been disclosed but according to sources it is...