Benelux
NETHERLANDS - NIBC and Fortis sell Sandd
NIBC Capital Partners and Fortis Private Equity have sold their minority stake in Sandd to investment fund Trimoteur, the existing majority shareholder from which they purchased their collective interest in 2005.
BELGIUM - Tate & Lyle et al invest EUR 3.5m in Fugeia
Tate & Lyle Ventures and Agri Investment Fund have invested EUR 3.5m in Fugeia, a newly formed functional food technology business with a focus on gut health.
NETHERLANDS - Cinven-backed Ziggo to acquire T-Mobile unit
Cable television company Ziggo, which is backed by Cinven and Warburg Pincus, is said to be interested in acquiring the Dutch fixed-line broadband internet unit of T-Mobile.
NETHERLANDS - NVP set to discuss tax rate increase
The Dutch Private Equity and Venture Capital Association (NVP) is arranging talks with the Ministry of Finance and Parliament over proposals to increase corporate tax rates to as much as 52%, which would apply to the private equity industry.
NETHERLANDS - Egeria takes stake in Morssinkhof Rymoplast
Egeria has taken a stake in Dutch mechanical plastics recycler Morssinkhof Rymoplast.
NETHERLANDS - Rabo acquires Oskomera
Rabo Participaties has acquired a substantial stake in Oskomera for an undisclosed sum.
NETHERLANDS - Forbion and Inventages back AM-Pharma with EUR 7m
Existing investors Forbion Capital Partners and Inventages Venture Capital have backed AM-Pharma, a Dutch biopharmaceutical company, with a EUR 7m investment. The funding represents the first close of a series-C financing round targeting EUR 30m.
EUROPE – Capricorn closes EUR 100m fund
Capricorn Venture Partners has closed its third venture capital fund, Capricorn Cleantech Fund, on EUR 100m.
NETHERLANDS – Rabo Ventures et al invest EUR 300m in Econcern
Rabo Ventures and Delta Lloyd have formed a joint venture with existing investor SHV that has injected EUR 300m into sustainable energy company Econcern. All together the three firms hold a 50% stake in the company.
NETHERLANDS - SET et al back CrystalIQ
Sustainable Energy Technology Fund (SET), EPT / Benno Wiersma and E2 Cleantech have invested in CrystalIQ Group, a Dutch provider of sapphire substrates for the production of white LEDs.
EUROPE - Nomura raising new EUR 400m mezzanine fund
The European arm of Japanese Investment bank Nomura has begun raising a new EUR 400m mezzanine fund for Europe.
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
BELGIUM – GIMV completes exit from Westerlund
GIMV and the Westerlund family have sold their remaining shares in Belgian port operator Westerlund Group to infrastructure investment fund Babcock & Brown, which acquired a minority stake in the group last December. The deal makes Babcock & Brown the...
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...
EUROPE – Keravac joins Campbell Lutyens from Calyon
Unquote” can reveal that Jean-Phillppe Keravec is to join private equity advisory firm Campbell Lutyens in June as a partner. Keravec joins the practice from Calyon’s private placement team.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
GLOBAL – Morgan Stanley close USD 4bn fund
Morgan Stanley has announced the closing of a USD 4bn private equity fund dedicated to infrastructure projects. The fund far exceeded its initial USD 2.5bn target and is one of the largest infrastructure funds raised to date.
GLOBAL – Cerberus seeks Eastern alliance
According to sources Cerberus Capital Management, is in the midst of talks with Chinese sovereign wealth fund CIC about a possible co-operation agreement. The talks come on the heels of CIC’s investment in Blackstone last year, under the terms of which...
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for £26m.
NETHERLANDS – KBC sells 28% of Corelio
According to sources, KBC has sold 28% of Belgian newspaper publisher Corelio. The deal value is unknown, however the company is thought to be worth in the region of EUR 165m, which would mean that the private equity house's stake is worth approximately...
EUROPE - ACP plans to raise €150m
ACP Mezzanine Ltd has announced plans to raise €150m in a secondary share placement to fund its strong deal pipeline.
NETHERLANDS - Babcock & Brown opens in Amsterdam
Investment & specialised fund and asset management group Babcock & Brown is to open an office in Amsterdam, which will be headed up by Rob Oudman.
LUXEMBOURG – European Capital invests EUR 28m in IIE
Through its wholly-owned subsidiary ECAS, European Capital has made a EUR 28m mezzanine investment into International Electronics and Engineering (IEE), a developer of safety-critical sensing solutions for the automotive industry. The investment supports...