Deals
GERMANY - KTB leads fourth funding round for MergeOptics
KTB Technologie Beteiligungsgesellschaft has led a EUR 5.3m fourth financing round for fibre optics business MergeOptics GmbH, alongside existing investors Earlybird, Target Partners and DVC.
GERMANY - CornerstoneCapital AG acquires Stanniolfabrik Eppstein
CornerstoneCapital has acquired a majority stake in technical metal foils producer Stanniolfabrik Eppstein from JL Goslar Group for an undisclosed amount, alongside co-investors including Columbus Investment AG and company CEO Dirk Mälzer.
SPAIN - Santander, RBS and DIF Renewable Energy form joint venture
Santander, RBS and Dutch infrastructure fund DIF Renewable Energy have formed SolarCap Partners, a new joint venture aimed at establishing new solar energy projects in Greece, Italy and Spain.
CEE - Alnair acquires 8% stake in Kazkommertsbank
Alnair Capital has acquired an 8.03% stake in Kazkommertsbank, Kazakhstan’s largest bank, and is planning to raise this to more than 25%.
GERMANY - Hannover Finanz acquires Giesserei Industrie Holding Isselburg
HANNOVER Finanz has acquired a 70% stake in foundry Giesserei Industrie Holding Isselburg GmbH for an undisclosed amount, with the management continuing to hold the balance of the equity.
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 - GIMV doubles stake in Scana Noliko
GIMV has doubled its stake from 46.3% to 92.6% in Scana Noliko, a Belgium producer of preserved food, taking over the stake of LRM, which invested in the company in 2000. GIMV originally acquired backed Scana Noliko in 2004.
FRANCE - XAnge leads EUR 3.1m investment in Luneau Technology
XAnge has led a EUR 3.1m third round of financing for Luneau Technology, a company that specialises in the development of ophthalmic technologies. The private equity house invested EUR 2.5m via its fund XPansion, with the balance being provided by Califfe...
SWITZERLAND - Aescap backs second closing of CHF 32m Vivendy funding round
Aescap Venture has joined the existing investor base consisting of BioMedInvest, LSP Life Science Partners and TVM Capital in a second closing of a CHF 32m series-A financing round for Vivendy Therapeutics.
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.
ITALY - MPS Venture et al acquire Dynamic Technologies
A syndicate comprising MPS Venture, through MPS Venture 2, Palladio Finanziaria (Venice Spa), Friulia and Abacus Invest have acquired Dynamic Technologies from Absolute Venture and MPS Venture 1.
ITALY - Magenta sells Cifa to Zoomlion
Now liquidated private equity firm Magenta has sold its only portfolio company to a consortium comprising Chinese heavy machinery firm Zoomlion, Goldman Sachs Private Equity, Mandarin Capital Partners and Hony Capital, in a EUR 500m deal.
ITALY - 3i invests EUR 118m in AP Bags
3i has signed an agreement to invest EUR 118m for a 49% stake in the handbags and accessories division of Antichi Pellettieri Spa, the Italian branded leather accessories subsidiary of Mariella Burani Fashion Group. The deal will see the division spun...
AUSTRIA - Buy_Out CE II acquires Chemson Polymer-Additive
Buy_Out Central Europe II Beteiligungs-Invest AG has acquired Chemson Polymer-Additive AG, a manufacturer of polymer additives that are used during production of PVC, for an undisclosed amount.
UK - 3i acquires Uponor infrastructure unit in £100m deal
3i has acquired Finland-based Uponor Corporation's UK infrastructure unit in a buyout that values the company at £100m.
UK - YFM supports £1.1m Gnodal funding
YFM Group managed South West Ventures Fund has supported Gnodal, a data technology developer, alongside NESTA and private investor Adrian Beecroft in a £1.1m funding round.
SWEDEN - InnKap and Investor sell Amic to Johnson & Johnson
InnovationsKapital and Investor Growth Capital have sold their stakes in Amic, a developer of vitro diagnostic technologies, to Johnson & Johnson for an undisclosed sum.
GERMANY - Earlybird invests in Smoodoos.com
Earlybird has invested in just us & friends GmbH, operator of childrens online portal www.smoodoos.com. This makes Earlybird the first institutional investor following an earlier seed financing provided by Business Angels Tino Schöninger and Yulian Patzelt...
SPAIN - Kennet leads EUR 22m funding round for software firm
Kennet Partners has led a EUR 22m series-B financing round for software developer NTRGlobal, alongside Atlas Ventures and existing investors Debaeque and Elaia Partners.
UK - Aberdeen reaps 4x returns from £43m Brookhouse sale
Aberdeen Asset Managers Private Equity has sold specialist aerospace components company Brookhouse Holdings Ltd to Kaman Corporation for £43m, generating returns of 4x the capital invested.
NORWAY - CapMan and InnovationsKapital fund Crayon
CapMan Technology 2007 fund and InnKap 4 have invested an undisclosed sum in Crayon, an IT consultancy business that is owned by Norwegian parent Artix AS, for a 20% stake in the parent group with equal holdings after the transaction has closed. The current...
FRANCE - Granville Baird portfolio company makes acquisition
Granville Baird's portfolio company Zarges Tubesca Group has acquired aviation ground equipment company Group Albret. The transaction was financed with a debt-only package.