Buyouts
UK - Key Capital acquires JD Plastics
Key Capital Partners has invested £2.3m in roofline contractor and supplier JD Plastics and Rooflines Ltd.
SWITZERLAND - CGS Management acquires Schoettli Group
CGS Management has acquired Schöttli AG from the owner and single shareholder Martin Schöttli, who continues to hold a significant minority stake.
UK - Investec backs recruitment consultancy deal
Investec Growth & Acquisition Finance has supported HB Human Capital (HBHC) in its acquisition of specialist recruitment, training and consultancy provider The Resourcing Group.
GERMANY - Sun Capital Partners acquires Neckermann.de
Sun Capital Partners has closed the acquisition of 51% of mail order company Neckermann.de GmbH from Arcandor AG. Arcandor AG continues to hold 49%.
ITALY – New player shows interest in air carrier
New Italian firm GL Investimenti, led by Giovanni Malagò and Lupo Rattazzi, is looking to invest in air carrier Air One, according to reports.
SWEDEN - CVC in merger of Swedish and Danish postal systems
CVC Capital Partners, The Swedish Ministry of Enterprise, Energy & Communication and The Danish Ministry of Transport have signed a letter of intent regarding the merger of the Posten AB and Post Danmark A/B.
UK - Matrix generates 34% IRR on Apollo sale
Matrix Private Equity has sold Apollo Lifts Holdings Ltd, a lift contractor, for £4m in a secondary buyout to Iceni Capital.
SWEDEN - HgCapital acquires Swedish wind farm for EUR 185m.
HgCapital has acquired a 75% stake in 95.4MW Havsnäs windfarm for EUR 185m. Havnäs is developed by RES Skandinavien AB, a subsidiary of Renewable Energy Systems Ltd (RES), a UK-based wind farmer developer.
FINLAND – Nordic Capital makes EUR 1.1bn offer for TietoEnator
Nordic Capital has launched a EUR 15.50 per share public tender offer for TietoEnator, an IT services company. The offer corresponds to a premium of 6.2% to the 6 month volume-weighted average share price and a 38% premium to the closing price of EUR...
NORWAY – HitecVision acquires 60% of drilling company
HitecVision V has made its first acquisition by obtaining 60% of Hitec Products Drilling (HPD), a provider of drilling solutions and intervention systems for the oil and gas industry, for an undisclosed sum.
SWEDEN – Valedo invests in Bindomatic
Valedo Partners has acquired Bindomatic, a Swedish thermal binding company, for an undisclosed value. The previous owner, Sture Wiholm, will retain a significant minority shareholding.
FINLAND – Eqvitec buys majority stake in Scaninter
Eqvitec Technology Fund III, together with Finnish Industry Investment Ltd, have acquired a majority stake in Oy Scaninter Nokia Ltd, a vertical access equipment manufacturer, for an undisclosed value.
UK - Close Brothers backs £142m buyout of crane company
Close Brothers Private Equity has backed the £142m buyout of Energy Crane International from its parent LMS Capital plc. Energy Crane supplies crane and lifting equipment maintenance and support services to the offshore oil and gas sector.
UK - Graphite sells medical device business for £36m
Graphite Capital has sold Summit Medical, a design and production company for medical devices, to The Riverside Company for £36m.
NETHERLANDS - Arsenal buys DSM Special Products
Arsenal Capital Partners has acquired DSM Special Products, a business unit of Royal DSM that manufactures specialty ingredients used in food, pharma and animal feed.
UK - Investec backs buyout of James Villa Holidays
Investec Growth & Acquisition Finance has backed the buyout of James Villa Holiday Ltd with an investment of £6m. Bank of Scotland has provided senior debt.
FRANCE – OFI launches takeover of Léon de Bruxelles
OFI Private Equity Capital and the management have launched a takeover bid for listed mussels restaurant chain Leon de Bruxelles for EUR 10.9m per share, an offer which values the company at EUR 64.9m. OFI currently owns a 38.13% stake in the company....
ITALY – GE Capital to acquire Interbanca
US private equity firm GE Capital is in the final stages of acquiring bank Interbanca. According to sources, the transaction is valued at EUR 900m.
GERMANY - Nordwind Capital in double automotive deal
Nordwind Capital has acquired ISE Innomotive and ISE Industries from insolvency administrator Christopher Seagon for an undisclosed amount. The transaction also includes the subsidiaries Automotive Group ISE Industries Hainichen GmbH and subsidiaries...
FRANCE - Edmond de Rothschild CP takes majority stake in Sotralu
Edmond de Rothschild Capital Partners has taken a majority stake in Sotralu, alongside CEO Thierry Sainte-Claire Deville and the members of the management team, who have increased their stakes. The deal saw AXA Private Equity and former CEO Jean Prunet...
CEE – Advent International buys LaborMed
Advent International has acquired pharmaceutical company LaborMed from its founders. It plans to build the company through organic growth and acquisition of companies with specialist complementary drug portfolios. It is also bringing a new senior management...
SPAIN – Magnum reorganizes management
One of the founding members of Magnum Capital, Baldomero Falcones, has left the firm and sold his stake to the remaining three partners, Angel Corcóstegui, Enrique Leyva and João Talone.
FRANCE – Carlyle closes EUR 1.1bn deal
The Carlyle Group has completed the EUR 1.1bn deal for a 37.8% stake in telecommunications companies Numericable and Completel. Carlyle acquired the shares from Altice and Cinven, both of which have retained an approximately 30% stake.
AUSTRIA - Recap acquires Sariana
Recap Management has acquired lingerie company Fashion GmbH. Sariana went into insolvency in autumn 2007 and was acquired by Steierische Beteiligungsgesellschaft STUG as a bridge owner.