Exits

CEE - PPF sells ARDAF and RAI

PPF Investments has sold its stakes in Romanian insurance companies ARDAF and RAI to Generali PPF for an undisclosed sum. PPF Investments previously held 72.7% of ARDAF and 99.9% of RAI.

UK - Hutton Collins puts James Hull Associates up for sale

Specialist and cosmetic dental surgeons group James Hull Associates has been put up for sale by mezzanine provider Hutton Collins, with the asking price thought to be around £200m. Candover and GI Partners are believed to be among the potential bidders...

GERMANY - Argantis to sell NordSüd

Argantis has sold its majority stake in NordSüd Speditionsgesellschaft mbH to BIP Investment Partners and the company's management for an undisclosed amount.

FRANCE - EdRIP exits Groupe Alturia

Edmond de Rothschild Investment Partners (EdRIP) has ceded its minority stake in consultancy company Groupe Alturia in a trade sale to Alma Consulting Group. Company founder and majority shareholder Henry Robet has also exited his stake in the company.

RUSSIA - A1 et al sell Vladpivo

Alfa Group's private equity arm A1, Detroit Investments and the International Finance Corporation (IFC) have sold Russian brewer Vladpivo to SAB Miller for an undisclosed sum.

SWEDEN - Atle Industri sells Nordhydraulic

Atle Industri, which is 50% owned by 3i and Ratos, has sold Nordhydralic, a hydraulic business, to German company Hydac for an undisclosed sum. The deal generates an exit gain of approximately SEK 100m for both Ratos and 3i.

SWITZERLAND - Doughty Hanson Technology Ventures sells Plazes AG

Doughty Hanson Technology Ventures has sold its stake in mobile social navigation startup Plazes AG to Nokia for an undisclosed amount. Plazes had raised VC funding from Doughty Hanson Technology Ventures as well as Esther Dyson, Marc Andreessen and Martin...

NETHERLANDS - AAC and ACP sell Sdu Identification

AAC Capital Partners and ACP have sold Dutch publisher Sdu Identification to Safran for an undisclosed sum. Sdu Identification is one of the two businesses of Sdu, which the two investors acquired in 2007.

NETHERLANDS - Madinvest et al divest Arcomet

Madinvest, NPM, GIMV and Sofinim have sold their holdings in crane company Arcomet to the management, including the CEO, who already holds 60%. Sofina and LPFI provided a mezzanine debt package to support the acquisition.

BELGIUM - 3i sells ABX LOGISTICS for EUR 750m

3i has sold ABX LOGISTICS Worldwide to DSV, the Nordic region's biggest trucking company, for EUR 750m. In March 2005, 3i acquired a majority stake in ABX from Belgium's national railway company, SNCB Holding.