Buyouts
SWITZERLAND - Cross acquires Schwab Verkehrstechnik AG
Cross has acquired rolling stock technology company Schwab Verkehrstechnik AG from Schwab Holding AG for an undisclosed sum.
GERMANY - Alster Equity Partners and WMS back GEMAC MBO
Alster Equity Partners GmbH (AEP), alongside Wachstumsfonds Mittelstand Sachsen (WMS) and company management, acquired micro electronics company GEMAC Gesellschaft für Mikroelektronikanwendung Chemnitz mbH (GEMAC).
GERMANY - Private equity said to be interested in HeidelbergCement
According to reports, Goldman Sachs, TPG, Bain Capital and PAI partners are among several large buyout firms considering an investment in building materials company HeidelbergCement, which is said to be struggling with its debt after the takeover of British...
UK - CVC interested in Royal Mail
Reports suggest that CVC Capital Partners is interested in taking a stake in postal operator Royal Mail.
LUXEMBOURG - IDeA acquires Blue Skye
IDeA Alternative Investments and DeA Capital have acquired Blue Skye Investment Group from DB Zwirn together with management. The vendor retains a minority stake in the company.
FRANCE - AXA PE purchases 16.7% stake in Lusis
AXA Private Equity has acquired parts of Fairchild's shareholding in software company Lusis. Following the transaction, AXA PE will hold a 16.7% stake in the company.
LUXEMBOURG - AFINUM acquires Wallenborn
German private equity house AFINUM Management GmbH has acquired transport logistics firm Wallenborn Group in a deal valued at EUR 25-50m.
FRANCE - MIDI Capital stage MBI of Savco
MIDI Capital has alongside new manager Bruno Duval and two private individuals supported an MBI of Savco, a provider of metallic structures for hydroelectric plants, by taking a minority stake in the company. The deal values the business at EUR 3-5m.
GERMANY - Aheim acquires Remy & Geiser
Aheim Capital has acquired pharmaceutical packaging Remy & Geiser GmbH, together with the new CEO, Christoph Hanschke, and the existing management team, for an undisclosed sum.
UK - AFM supports £4m buyout of ISP
Alliance Fund Managers (AFM), through the MSIF Venture Fund, has invested £1.1m to support the £4m management buyout of International Safety Products (ISP), a manufacturer of inflatable marine lifejackets.
UK - AFM backs Hi-Craft acquisition
Alliance Fund Managers (AFM), through the MSIF Mezzanine Fund, has provided a mezzanine loan of £250,000 to support the management buyout of pet accessories manufacturer Petlife Ventures, which trades as Hi-Craft.
NETHERLANDS - PE interested in Essent
Market rumour suggests that private equity firms such as CVC and KKR have shown interest in acquiring Dutch waste management company Essent Waste, which has been put up for sale by its parent company.
SPAIN - Prince acquires Image
According to reports, Prince Capital Partners has acquired corporate communications firm Image Group alongside two of the firm's managers, Victor Sanchez de Real and Enrique Pascual.
FRANCE - IRDI-ISCO purchases Bernard Dumas for EUR 10m
IRDI-ISCO Private Equity, alongside company management, has purchased microfiber component manufacturer Bernard Dumas from Arjowiggins, a subsidiary of Sequana, for EUR 10m.
UK - KPS to acquire Waterford Wedgwood
Reports suggest that US-based KPS Capital Partners is posed to acquire the assets of glass and china producer Waterford Wedgewood.
GREECE - Global Finance sponsors Euroclinic buyout
Global Finance has sponsored a leveraged buyout of Greek healthcare group Euroclinic from the Dutch financial services group Eureko BV for an undisclosed amount.
FRANCE - CDC CI acquires DGF
CDC Capital Investissement (CDC CI) has backed the management buyout of food products distributor DGF Group.
UK - Infinity buys Flextex
Infinity Asset Management has acquired packaging producer Flextex as part of a management buy-in for an undisclosed sum.
IRELAND - US Private Equity shows interest in Waterford Wedgewood
Deloitte, the administrators of failed china maker Waterford Wedgewood, is reportedly in talks with at least three US-based private equity houses regarding a potential sale.
SWEDEN - Priveq acquires San Sac
Priveq Investments has acquired a majority stake in Swedish waste disposal equipment supplier San Sac AB for an undisclosed sum.
UK - EPIC acquires Whittards
Specialist tea and coffee retailer Whittard of Chelsea has been bought by EPIC Private Equity for an undisclosed sum.
SPAIN - Catalana d’Iniciatives to back buyout of Spanair
According to reports, the Consorci Turisme de Barcelona consortium and Catalana d'Iniciatives are in the process of acquiring an 80% stake in air carrier Spanair from SAS.
ITALY - BCC acquires minority stake in Euromisure
BCC Private Equity has acquired a 49% stake in industrial thermometry specialists Euromisure Srl, with the founding owners holding the balance of the equity.