Deals
UK - Finance Wales announces its largest ever deal
Finance Wales has announced its largest ever deal - a ТЃ4m investment in Bluestone, a ТЃ110m unique, тgreenт holiday village in Pembrokeshire targeting the high value, high growth short break market. The investment is over three times Finance Walesт previous...
SPAIN - Vueling to float in December
The Spanish stock market regulator CNMV has approved the IPO of 42.62% of low-cost airline Vueling. The share price should oscillate between EUR 24-32 and will give the company a capitalisation of around EUR 359-478m.
ITALY - Blackstone eyes Italian industrial giants
Reports in the Italian press suggest that US firm Blackstone is ready to invest in Telecom Italia and its TIM mobile unit, as well as assets belonging to electricity provider Enel SpA. Rumour has it that Blackstone's president Tony James will partner...
FRANCE - EdRIP invests EUR 10m in Groupe Sibille
Edmond de Rothschild Investment Partners (EdRIP) has invested EUR 10m in industrial group Sibille, a manufacturer of electrical and automobile renovation equipment.
SWEDEN - Accent Equity divests Cefar to Blackstone-controlled Encore
Accent Equity has sold its holdings in Swedish med-tech company Cefar to US-based Encore Medical. Encore was recently bought out from Nasdaq in a public-to-private transaction led by Blackstone Capital Partners.
NL - PPM Oost invests in Stichting Diaphora
PPM Oost has invested an undisclosed sum in Stichting Diaphora, a social housing provider, which offers homes to relatively young people suffering from dementia. These housing complexes are adapted to cater for their inhabitants' needs, but allow them...
FRANCE - Doughty Hanson acquires French concrete specialist
In its second deal in France, Doughty Hanson has backed the secondary buyout of KP1, an Avignon-based manufacturer of concrete products for the construction industry.
GERMANY – BC Partners bids for Techem
BC Partners has made an offer of EUR 52 per share for the German utility billing specialist Techem AG. The financial investor offers EUR 8 more per share than Macquarie Bank that had announced its bid of EUR 44 per share on 23 October. BC Partners’ offer...
UK - Vision Capital proposes to acquire four businesses from Northern Foods
Vision Capital has exchanged contracts for the proposed acquisition of four businesses from Northern Foods plc for a total consideration of ТЃ160m. Completion of the transaction is subject to the approval of Northern Foods' shareholders.
GERMANY – AXA Private Equity buys CABB
AXA Private Equity has acquired more than 70% of shares in German specialty chemicals company CABB GmbH. As a result previous financial investor Gilde has fully exited its investment. CABB, formerly part of the Hoechst group, had been a subsidiary of...
UK - Bridges Community Ventures invests in Whelan Refining Ltd
Bridges Community Ventures has invested ТЃ450,000 as part of a total finance package of ТЃ1.5m with Catapult Venture Managers and HSBC in Whelan Refining Ltd, a re-refiner of waste oil based in Stoke-on-Trent. The company has also received financial backing...
BELGIUM - Gilde acquires Belgium Johma and Hamal salad business
Gilde has backed the management buyout of Uniq Belgium, a producer and marketer of private label and branded spreadable salads, from UK-based Uniq PLC. The transaction signifies the first investment from the recently raised Gilde Equity Management Benelux...
NORWAY - Norvestor buys 70% of BecoTek
Norvestor IV LP has agreed to acquire a 70% interest in BecoTek. BecoTek is an integrated manufacturer and supplier of brass cages to the ball and roller bearing industry worldwide. Headquartered in Åmot, the company recorded a turnover of NOK 194m in...
SWEDEN - 3i and SEB Företagsinvest sell vaccine distributor
3i, SEB Företagsinvest and other shareholders are divesting their stakes in vaccine distributor SBL Vaccines in a sale to NASDAQ-listed Dutch biotechnology company Crucell for EUR 39.4m, excluding deferred payments and future royalties. The transaction...
SWEDEN - Argan Capital buys service provider unit from Manpower
Argan Capital has signed an agreement for the acquisition of the facility management and contact centre businesses within Manpower Business Solutions from Manpower. The companies employ approximately 1,800 staff and generate revenues of around EUR 170m....
UK - ISIS joins Crew Clothing Co.
ISIS Equity Partners has acquired a 25% stake in Crew Clothing Co., the English brand for customers who enjoy an active and outdoor lifestyle, in a ТЃ7.75m fundraising. Crew was founded as a single retail site in Salcombe in 1993. The brand has since...
UK - Dubai International Capital interested in Liverpool FC
The board of Liverpool Football Club will meet this week to discuss the investment proposals of American billionaire George Gillett, who owns the Montreal Canadiens ice hockey club.
GERMANY – nugg.ad receives growth capital
Bmp AG and IBB Beteiligungsgesellschaft mbH have invested in Berlin-based media company nugg.ad. The financial investors each take a 17.5% stake, with nugg.ad founders holding the balance.
GERMANY – Waterland acquires second gaming arcade operator within a month
Waterland Private Equity has acquired Highway Automaten GmbH through its third fund Waterland Private Equity Fund III BV that closed on EUR 400m in April this year. The financial investor had previously acquired Löwen Play, the second largest amusement...
UK - Pi Capital in £3m development capital deal with Medispa
Pi Capital has completed a ТЃ3m development capital fund raising for MediSpa, to support its roll-out growth plan to set up a national network of cosmetic clinics. Founded in 2004, MediSpa offers a range of cosmetic services under one roof, including...
FRANCE - Seloger.com announes IPO
Online housing agency Seloger has announced it will launch an IPO on Euronext's compartment B.
GERMANY – Deutsche Beteiligungs AG takes control of Homag
Schopfloch-based Homag Group AG, a manufacturer of woodworking machinery for the furniture and construction supplies industries, has been acquired by Deutsche Beteiligungs AG. The financial investor had already held a 21.4% stake and acquired an additional...
GERMANY – T-Mobile Venture Fund backs 4G Systems
The German manufacturer of HSDPA mobile terminals has completed a financing round led by T-Mobile Venture Fund. Existing investors Brockhaus Private Equity and Adinvest also participated.
SWEDEN - Cinven to acquire Phadia for EUR 1.3bn
PPM Capital and Triton have signed an agreement to sell Phadia, a global market leader in in-vitro allergy diagnostics, to Cinven, for EUR 1.3bn. The sale remains subject to regulatory approvals. PPM and Triton were advised by UBS Investment Bank, Morgan...