Buyouts
UK - DIC acquires Alliance Medical for £600m
Dubai International Capital (DIC) has acquired diagnostic imaging service provider Alliance Medical from Bridgepoint for ТЃ600m. Dresdner Kleinwort and Bank of Scotland are lead arrangers of the financing for the deal.
UK - Zeus acquires stake in online floral business
Zeus Private Equity (ZPE) has made the second investment from its maiden fund, taking a majority stake in online floral and gift company, Flowers Direct Ltd. ZPEтs investment will allow Flowers Direct to invest further in operational infrastructure and...
FRANCE - Pechel, CIC Finance and LCL back pret-a-porter merger
Pechel Industries, CIC Finance and LCL Régions Développement have backed the management buyout of a newly-merged pret-a-porter group.
UK - One Equity submits full bid for Jaguar and Land Rover
One Equity, the private equity arm of JP Morgan, is understood to be one of three groups to have submitted a full bid for Jaguar and Land Rover. Ford decided to sell its UK assets - Jaguar and Land Rover - as part of a move to reduce its debt. Ripplewood,...
SWITZERLAND – Acomon AG buys Chemtura's optical monomers business
Acomon AG, Zug-based affiliate of German private equity firm Auctus Management GmbH & Co. KG, has purchased Chemtura Corporation’s optical monomers business. The deal value of this all-cash transaction was not disclosed. Chemtura’s Ravenna, Italy-based...
ITALY - Consilium acquires valve manufacturer
Shortly after completing its fundraising, SME-focused firm Consilium has acquired Douglas Chero Group, a manufacturer of forged valves for the petrochemical industry. The deal represents an exit for the founding family shareholders.
GERMANY - ADCURAM Group AG buys Hennecke Group from Bayer
ADCURAM Group AG has purchased polyurethane processing machinery business Hennecke GmbH from Bayer for an undisclosed sum. The transaction is due to complete before the end of the year. With this transaction, ADCURAM further strengthens its manufacturing...
UK - Endless acquires Lancashire Chemical Works
Endless has acquired Lancashire Chemical Works Ltd (LCW), for an undisclosed sum, in a management buy-in deal led by Richard Sykes. The transaction represents an exit for the family shareholders. Incoming managing director Sykes had been looking at the...
FRANCE - 21 Centrale Partners to build healthcare group on the French riviera
21 Centrale Partners has acquired Marseille-headquartered health clinic Chantecler, as the first step of its project to consolidate top-end healthcare providers on the Cote d'Azur.
UK - Matrix backs £6m buyout of Focus Pharmaceuticals
Matrix Private Equity Partners has financed the ТЃ6m management buyout of Focus Pharmaceuticals. The deal was structured using an integrated debt and equity package. Matrix invested ТЃ3.2m and acquired a minority stake in the business.
GERMANY – Cerberus looks to back SBO of Woolworth from Electra
Cerberus has filed for regulatory approval to acquire 64% of German department store chain DWW Deutsche Woolworth GmbH&Co OHG from Electra Private Equity Plc for an undisclosed sum. The deal encompasses 100 department stores in Germany, and Cerberus is...