Exits

SWEDEN - EQT sells remaining shares in Duni

EQT has sold its remaining 16.72% stake in Duni AB, a Swedish table top supplier, with reports suggesting that the investor has received approximately SEK 322m for its 7.9m shares based on a price of SEK 41 per share.

EUROPE - RBS et al sell ABN assets for £156m

Reports suggest that Royal Bank of Scotland, alongside Fortis and Santander bank, has sold a portfolio of seven private equity assets controlled by ABN Amro to a consortium led by Goldman Sachs in a deal thought to be worth around ТЃ156m.

GERMANY – VC-backed Curacyte AG sells subsidiary

Biopharmaceutical company Curacyte AG, which is backed by firms such as TVM Capital, AlpInvest Partners and IKB Venture Capital, has sold its subsidiary Curacyte Discovery GmbH to Medicines Co for an upfront payment of EUR 14.5m and additional payments...

Trade buyers regain lost turf

Private equity houses have had a fleeting supremacy over trade buyers, but with debt now harder to come by, the competition between private equity houses and trade buyers is more balanced

SPAIN - 3i in Sampletest sale

3i has announced the sale of Sampletest-Consultoría e Gestao de Laboratórios Clínicas S.A. to Labco SAS for EUR 220m.

FRANCE - Abénex sells Score Groupe

Abénex has sold 100% of Score Groupe to Sodexo. The deal is subject to approval from the French competition authorities and is expected to be completed in early 2009. Abénex Capital (then ABN AMRO Capital France) initially acquired a 52% stake in the...

UK - Infineum no longer up for sale

Exxon and Shell have decided not to go through with the ТЃ1.5bn-ТЃ2bn sale of their oil additives joint venture Infineum after private equity bids came in below their target price.

UK - Bridgepoint postpones exit from 1st Credit

According to sources, Bridgepoint has postponed the sale of 1st Credit in favour of continuing to expand the company and could be considering bolt-on acquisitions of other debt collection agencies.

SWEDEN – Ratos completes SEK 4.3bn sale of Hägglunds Drives

Ratos has agreed to sell engineering business Hägglunds Drives to Bosch Rexroth for approximately SEK 4.3bn, which will give the investor an overall exit gain of about SEK 4.4bn following the SEK 1bn recapitalisation completed in 2006. The sale is subject...

UK - Alchemy exits CompAir in £205m deal

Alchemy Partners has sold its investment in CompAir, an air and gas compressor business, to Gardner Denver Inc, a provider of compressed air and gas, vacuum and fluid transfer technologies, in a ТЃ205m deal.