Deals
FRANCE - Chinese motorcycle importer gets EUR 400,000 backing
Sigma gestion, Champagne Ardenne Croissance (CAC) and Auxitex have injected EUR 400,000 in Sidam.
FINLAND - CapMan and Helmet exit Kultajousi
CapMan and Helmet Capital, the joint owners of the jewellery retailer Kultajousi Oy, have sold their entire holding in Kultajousi’s parent company Goldhold Oy. CapMan funds’ 40% holding and Helmet Capital funds’ 11% holding have been sold to the...
NORWAY - NORWAY-FSV V acquires 14 unlisted holdings from Aggregate Media I KB & II NORDIC KB
FSV V has acquired a portfolio of 14 unlisted holdings from Aggregate Media I KB & NORDIC KB, in line with its strategy to become leading portfolio acquirer in the Nordic region.
FRANCE - Crédit Agricole Private Equity takes 20% of Multitec
Crédit Agricole Private Equity (CAPE) has acquired a 20% equity stake in Montpellier-based Mutlitec.
UK - ISIS backs secondary MBO of Enigma Holidays Group
ISIS Equity Partners has backed the secondary management buy-out of Enigma Holidays Group Ltd, which trades as Esprit Ski and Total Ski. Together they are the UK’s leading specialist ski operator, providing both family skiing as well as a range of quality...
UK - Permira to make late entry bid for De Vere Group?
According to the Times today Permira is to make a late entry into the bidding for De Vere Group, the operator of the Village Hotels & Leisure Clubs brand and the Greens health club. The board of the group has already recommended an offer from Richard...
GERMANY - bmp AG sells shares in eprofessional GmbH to ZANOX.de
Berlin-based bmp AG has announced the sale of its 25.5% holding in eprofessional GmbH to Zanox.de for a sum of EUR 4m. The proceeds from this transaction, including the repayment of a silent partnership, will result in a seven figure profit for bmp.
FINLAND - Beneq closes first funding round on EUR 1m
Beneq has secured funding from Holtron and a group of private investors, with a venture capital investment of EUR 1m. Beneq is planning to use this funding to speed up its international growth and strengthen the organisation, with a substantial proportion...
UK - LDC buys telecoms tester in £30m deal
LDC has backed the management buyout of Microlease, the European market leader for the rental and leasing of electronic test and measurement equipment. Microlease provides a wide range of general purpose test equipment such as oscilloscopes and data acquisition...
UK - Terra Firma in partial exit from East Surrey Holdings
Terra Firma has sold ESP Pipelines Group Ltd for £225m to ABN AMRO Infrastructure Capital Equity Fund. The acquisition is being funded by a mixture of equity provided by the infrastructure fund and debt underwritten by Barcalys Capital.
UK - Thames Water opens its books for Terra Firma
The first round of bidding for Thames Water is expected shortly, after the Independent on Sunday reported RWE, the owner of Thames Water, will open the books of the company this week. It is understood that Terra Firma are interested in the deal and face...
UK - New soft drink manufacturer receives £69m from FF&P
Fleming Family & Partners (FF&P) is backing a start-up soft drinks manufacturer that has ambitions to become a leader in the Euorpean non-alcoholic beverages market, according to the Financial Times. FF&P is the private equity vehicle of the Fleming family,...
FRANCE - Fonds Partenaires sells Fahrenheit to EDF
French private equity firm Fonds Partenaires has realised its investement in gas-powered boilers maintenance company Fahrenheit.
FRANCE - Direct Energie receives additional funding
Crédit Agricole Private Equity (CAPE), CITA Gestion and NBGI Ventures have renewed their commitments in the third round financing of Direct Energie. As a result of the transaction, industrial Group Louis Dreyfus takes a two third equity stake, financial...
GERMANY - Demag Cranes lists following adjusted bookbuilding
Demag Cranes AG, one of the companies contained within the Demag portfolio in which KKR acquired a majority stake from Siemens in 2002, has listed on the Frankfurt stock exchange. The company floated approximately 50% of its capital stock at an opening...
NETHERLANDS - Industri Kapital to sell Continental Bakeries to NPM Capital
Industri Kapital (IK) has reached a conditional agreement with NPM Capital to sell Continental Bakeries, a leading producer and distributor of private label biscuits in Western Europe.
UK - Matrix backs £20m helicopter MBO
Matrix Private Equity Partners has backed the £20m secondary mangement buyout of British International Limited (BIL). Jonathan Gregory of Matrix led a syndicate comprising Finance Cornwall and Chrysalis VCT that has invested £5m of equity in the helicopter...
SPAIN - Mercapital acquires Cinebox
The cinema chain Abaco, backed by the private equity firm Mercapital, has agreed to buy Cinebox from the entertainement group GMR in a deal reportedly worth around EUR 60m.
Egypt - Buyout of Amoun pharmaceuticals valued at $451m
The largest private equity transaction outside of the privatisation process is due to take place in Egypt. According to the Financial Times today, a US consortium including Citigroup and Capital International, will take a 93% stake in Amoun, a pharmaceutical...
SWEDEN - Segulah sells NVS Installation AB to Triton
Segulah II L.P has sold NVS Installation AB to the European private equity investment firm, Triton for an undisclosed amount.
NETHERLANDS - Apax has Endemol in its sights
The Times today reports that Apax Partners is looking into making a bid for Endemol, the producer of Big Brother. The company is currently listed on Euronext, Amsterdam and bids are expected to be in the region of £1bn.
GERMANY - Triton makes two buyouts in two weeks
Triton Advisers has acquired Basler, a producer of women's clothing for age 40 and over. The deal follows the announcement last week that Triton had acquired Dematic from Siemens for an undisclosed sum.
CROATIA - Mid Europa makes first Croatian investment
Central and Eastern European investor Mid Europa Partners has made its first investment in Croatia with its acquisition of Heidelberger Calcium Aluminates (HCA).
HUNGARY - Royalton sells educational publisher
Royalton Capital Investors, an investor in Central and Eastern Europe, has sold Hungarian educational publisher Láng Kiadó és Holding Zrt (Láng) to Sanoma WSOY Education, a Finnish educational publishing company. Financial terms of the deal were not...