Deals
SWEDEN - Primaca Group completes EUR 15m Metso acquisition
Primaca Group has bought Metso Foundries Karlstad AB, a manufacturer of large, hand-molded iron castings, for EUR 15m from Metso Corporation. The vendor will retain a 16.7% stake in the new company, Heavycast AB.
UK - Azini acquires Lynx Capital Ventures
Azini 1 has acquired the 85% interest owned by Bear Stearns Capital in Lynx Capital Ventures LP, as well the entire share capital of Lynx Capital Ventures GP Ltd from Bear Stearns Asset Management.
SWEDEN - Volati acquires Sandberg
Volati has acquired the Swedish engineering firm Ragnar Sandberg & Söner Mekaniska Verkstad for an undisclosed sum from the Sandberg family.
SWITZERLAND - Atlas et al invest in Lumavita
Atlas Ventures, BB Biotech Ventures and BioMedInvest have invested CHF 18m in biopharmaceutical company Lumavita AG.
FRANCE – XAnge and CVC sell GeneSystems
XAnge Private Equity and CVC Enterprises have sold GeneSystems, a French developer of molecular diagnostics platform, to Pall Corp.
GERMANY – bmp AG sells stake in Gamigo
bmp Media Investors has sold its 47.37% stake in Hamburg-based games publisher Gamigo to co-investor AS Venture GmbH, a subsidiary of the Axel Springer publishing house.
UK - Barclays Ventures backs £10m JBM buyout
Barclays Ventures has supported the ТЃ10m buyout of aluminium and waste recycler JBM International, taking a minority stake in the business.
NORWAY - EQT will not get Choice
According to reports, EQT’s takeover offer for Norwegian hotel chain Choice Hotels has been rejected by the owner, Petter Stordalen.
UK - Capital Fund invests in two restaurants
The Capital Fund has announced an investment of ТЃ250,000 into White Circle Organisation, a developer of branded cafes, restaurants and food hall outlets, and an undisclosed investment in Hummus Bros, a restaurant chain which serves snacks and meals with...
UK - Abingworth sells Clinical Designs
Abingworth has sold medical equipment developer Clinical Designs Ltd to Mundipharma International Corporation Ltd for an undisclosed sum.
UK - Seraphim invests in Testplant
Seraphim Capital has invested ТЃ1m in Testplant Ltd, a newly established platform business designed to make acquisitions in the software testing market.
ESTONIA - BaltCap acquires medical diagnostics company
BaltCap has acquired a 75% stake in medical diagnostics company Quattromed HTI Laborid OÜ from private individuals and Finnish biotechnology company FIT Biotech Oy.
RUSSIA - CapMan backs RBPI
CapMan Russia Fund has acquired pig farm operator Russia Baltic Porc Invest ASA (RBPI).
RUSSIA - CapMan acquires Region-Avia Airline
CapMan Russia Fund has acquired Russian private airline operator Region-Avia Airline for an undisclosed sum.
GERMANY - Leonardo Venture increases interest in InovisCoat
Leonardo Venture has increased its shareholding in technology company InovisCoat GmbH by 7.76%, taking its interest in the business to 48.94%. A silent participation of EUR 1.3m has also been agreed.
GERMANY - Auctus sells ZPF therm Maschinenbau
Auctus has sold 100% of its shares in ZPF therm Maschinenbau GmbH, a manufacturer of industrial furnaces and ancillary equipment for the aluminium-processing industry, to DZ Equity Partner GmbH.
CEE - Summit invests in Telerik
Summit Partners has invested in Telerik, a Bulgarian supplier of software tools and components that allow developers to build web and desktop applications.
UK - TA Associates invests £35m into Quotient Bioscience
TA Associates has invested ТЃ35m into analytical and safety evaluation services company Quotient Bioscience Group.
UK - Energy Ventures exits Caltec
Energy Ventures has sold its investment in Caltec, a supplier of equipment for improving production from oil and gas wells, to Petrofac Ltd for an initial consideration of ТЃ15m, with this potentially rising to ТЃ30m if the business reaches performance...
UK - Barclays Ventures exits UPSL
Barclays Ventures has sold Uninterruptible Power Supplies Ltd (UPSL), an supplier of branded continuous power supply systems, for an undisclosed sum to US-based Kohler Power Systems.
UK - Reservoir Group acquires Extreme Machining
SCF-backed Reservoir Group has acquired Australia-based drilling tools maker Extreme Machining for an undisclosed sum.
NORWAY - Energy Ventures invests NOK 45m into Energreen
Energy Ventures has injected NOK 45m into Energreen, a developer of clean energy from pressure drop in fluid process systems.
NORWAY - Incitia Ventures et al invest NOK 25m into ASD
Incitia Ventures has, together with existing investor Proventure Seed, injected NOK 25m into Arctic Silicon Devices (ASD), a fables semiconductor company specialising in high performance low-power-dissipation mixed signal processing.
FRANCE – Truffle supports EUR 1m Photon investment
Truffle Capital and EDF-Energies Nouvelles have invested EUR 1m into Photon Technologies, a solar installation company.