Buyouts
PORTUGAL - Magnum acquires Generis
Spanish fund Magnum Capital Industrial Partners has wholly acquired Portuguese pharmaceutical firm Generis in a deal understood to be valued at around EUR 208m.
ITALY - Barclays completes EUR 130m SBO of Cartorama
Barclays Private Equity (BPE) has acquired stationery manufacturer Cartorama from Arner Private Equity in a secondary buyout valued at about EUR 130m.
GERMANY - CGS and CRG acquire mdexx Siemens subsidiary
CGS Management has, together with CRG Capital and the management, wholly acquired mdexx GmbH, the magnetronic devices business of Siemens.
CIS - Generali interested in Ingosstrackh
Reports suggest that Russian insurer Ingosstrackh's owner Oleg Deripaska could sell the majority of his 60% stake in the company to Italian group Assicurazioni Generali SpA.
UK - ECI backs £33m Ascribe de-listing
ECI Partners has backed the management buyout of AIM-listed Ascribe Plc, which provides a range of IT solutions to the healthcare industry, for a total consideration of £33.3m.
BELGIUM – AXA PE acquires Sfinc from Gimv
AXA Private Equity, alongside company management and Axxess Partners, has purchased a majority stake in Belgian food company Sfinc from Gimv.
NETHERLANDS - PE interested in Refresco BV
According to reports, Kaupthing Singer & Friedlander-backed Dutch fruit juice producer Refresco Holding BV is being circled by private equity firms.
UK - NBGI adds Smollensky’s to menu
NBGI Private Equity has acquired Smollensky's Bar & Grill, a chain of steak restaurants, to add to its Kornicis portfolio of restaurants.
CEE - Bancroft completes Frost acquisition
Bancroft Private Equity has acquired a 94.36% stake in Slovakia-based ice cream producer Frost.
NORWAY - Norvestor acquires Intelecom for NOK 173m
Norvestor has obtained acceptance from shareholders representing 97.3% of the share capital of communications company Intelecom Group ASA for its NOK 6 a share takeover offer, which values the business at NOK 173m, and has initiated a compulsory squeeze-out.
UK - Cyrte Investments backs RDF Media acquisition
Dutch investor group Cyrte Investments, through its fund Dasym Investments III BV, has backed the management buyout of AIM-listed television production company RDF Media Plc.
SPAIN - Doughty Hanson interested in Trapsa
According to reports, Doughty Hanson is among the parties interested in acquiring bus company Trapsa.
AUSTRIA - RECAP acquires Fastbox Denzel Group
RECAP Restructuring Capital has wholly acquired car servicing company Fastbox GmbH from Denzel AG for an undisclosed amount.
IRELAND - Apax interested in Bank of Ireland
According to reports, private equity firm Apax Partners is examining the possibility investing in Bank of Ireland.
NORWAY - Borea increases stake in Software Innovation to 38%
Borea, through Borea Opportunity IV AS, has increased its stake in software developer Software Innovation ASA (SOI) to 38.02 % in a deal worth around NOK 46m.
DENMARK - CapMan acquires DanFysik ACP
CapMan, through CapMan Technology 2007 Fund, has together with management acquired Danfysik ACP A/S in a deal value at approximately EUR 8.6m.
ITALY - IP Investimenti leads acquisition of Sorin Unit
A consortium of investors led by IP Investimenti e Partecipazioni has acquired Sorin's Vascular Therapy Business Unit.
DENMARK - EQT leads DKK 2bn KMD acquisition
EQT has acquired a majority stake in IT solutions provider KMB in a buyout from Local Government Denmark (LGDK) valued at DKK 2bn.
ITALY - Aksìa acquires a 55% stake in Plastiape
Private equity firm Aksìa has acquired a 55% stake in packaging manufacturer Plastiape from the Magni, Citterio and Colombo families, in a deal valued at EUR 20m.
SPAIN - KKR interested in Telvent
According to reports, US private equity group KKR is contemplating a takeover bid for Abengoa's Nasdaq-listed technology unit Telvent GIT.
ITALY - Sator interested in Belstaff
Reports suggest that Sator could carry out a capital increase in Clothing Company, the holding company of the Belstraff clothing brand.
FRANCE - 123Venture acquires JP Gruhier
123Venture has completed a secondary management buyout of sofa-bed producer JP Gruhier from the founders and previous investors Ciclad and IDI for an undisclosed sum.
FRANCE - Jamplant buys Kelkoo from Yahoo
Newly established UK-based private equity firm Jamplant has acquired price comparison website Kelkoo from Yahoo!.
ITALY - Cape buys Duplomatic for EUR 3.5m
Cimino & Associati Private Equity (Cape) has wholly acquired industrial manufacturer Duplomatic Automazione from AXA Private Equity in a leveraged buyout valued at around EUR 3.5m.