Benelux
UK/ NL - JP Morgan bids for Unilever frozen foods
Following reports by the Financial Times that interest in the frozen food division of Unilever is lacklustre, reports from Reuters now suggests that JP Morgan may have made a bid for the asset.
NETHERLANDS - Apollo acquires TNT logistics division
Express delivery company TNT has signed an agreement to sell its logistics division to Apollo Management. The total value of the transaction is EUR 1.48m on a cash and debt free basis, of which EUR 15m will be received in the form of a 5% equity stake...
NETHERLANDS - VNU appoints David Calhoun as chairman of executive board and CEO
VNU has announced that David L. Calhoun, vice chairman of General Electric Company, has been named chairman of the executive board and chief executive officer of VNU by the company’s supervisory board. Calhoun succeeds Rob Ruijter, who has served as...
BELGIUM - Ablynx raises EUR 40m in C financing round
Ablynx, a company specialising in the discovery and development of Nanobodies, a novel class of antibody-derived therapeutic proteins, has announced the successful closing of its series C financing round raising EUR 40m.
NETHERLANDS - Peakadilly closes series A financing at EUR 14.5m
Peakadilly NV, the predictive protein biomarkers company, has today announced the final close of its series A financing, raising a further EUR 8.5m and bringing the total raised to EUR 14.5m. Investors in the second close of the series A financing were...
NETHERLANDS - Rabo Participaties acquires stake in Renhard BV
Rabo Participaties has acquired a participating interest in Renhard BV, which is the holding company of TCL Installatietechniek BV, in order to enable the merger of TCL and BV Warmte Technisch Buro J Giesbers & JJ van der Graaf. Giesbers & van der Graaf...
BELGIUM - 3i acquires Abx Logistics
3i has recently completed the purchase of Abx Logistics Worldwide from Ferrovie Belghe (controlled by SNCB Holding). The consideration has not been disclosed, but reports in the Belgian press suggest 3i paid EUR 80m for the logistics company.
BELGIUM - Carlyle acquires FRS Global from S1 Corporation
The Carlyle Group and technology investor Kennet Partners today announce that they have acquired FRS Global from S1 Corporation (NASDAQ: SONE). FRS Global is headquartered in Belgium and employs 190 people. It has the largest installed customer base in...
NL- KKR, Silver Lake and AlpInvest to acquire Philips' chip division
Royal Philips Electronics has announced that it has signed an agreement with KKR, Silver Lake Partners and AlpInvest Partners NV regarding the sale of an 80.1% stake in Philips' Semiconductors business. Philips will retain a 19.9% stake in the business....
NETHERLANDS - Cinven and Warburg Pincus to acquire Essent Kabelcom
Cinven and Warburg Pincus have announced that they have reached an agreement to acquire Essent Kabelcom from Essent NV for EUR 2.6bn. The acquisition follows the recent agreement for Cinven and Warburg Pincus to acquire Casema, another Dutch cable company...
NETHERLANDS - KKR and Silver Lake to acquire Philips' chip division
KKR and Silver Lake Partners have reportedly emerged as winners in the auction for the semi-conductor division of Dutch electronics company Philips. The reports, which suggest that the consortium has agreed to pay around EUR 8bn for the company's chip...
NETHERLANDS - Private equity to bid for Philips' semiconductor division
Philips Electronics' semiconductor division has attracted interest from three consortia of private equity firms, which reportedly are in the final stages of preparing bids of around $ 10.2bn (EUR 8bn). One group is said to consist of Bain Capital, Francisco...
BELGIUM - KBC Private Equity sells I-PAC Technologies
KBC Private Equity has signed an agreement to sell its 18.90% stake in I-PAC Technologies, a specialist in the development of new technologies for the plastic packaging industry. InnoConcepts NV, the principal stakeholder, will acquire the stake for EUR...
BELGIUM- KBC invests in Tailormade Logistics and Tailormade Transport
KBC Arkiv has invested EUR 1m in Tailormade Logistics and Tailormade Transport, two Flemish companies specialising in integrated logistics services.
NL-Cinven and Warburg Pincus agree to acquire Casema
Cinven and Warburg Pincus have announced that they have signed an agreement to acquire cable operator Casema from The Carlyle Group, Providence Equity Partners and GMT Communications Partners.
NL-Cinven and Warburg Pincus to acquire Casema
Cinven and Warburg Pincus have reportedly reached an agreement with Carlyle, Providence Partners and GMT Communications to acquire Casema for around EUR 1.2bn. Carlyle and Providence each hold a 46% stake in Casema, with GMT Communications making up the...
NETHERLANDS - AVR to bid for Indaver
Waste disposal company Afvalverwerking Rijnmond (AVR) has indicated its interest to acquire Indaver, a Belgian waste disposal company. AVR was acquired by a consortium led by CVC and backed by KKR and Oranje-Nassau Group earlier this year for EUR 1.4bn.
NL- KBC acquires 35% stake in Afa Polytek
KBC Private Equity has acquired a 35% stake in Afa Polytek BV and its affiliated companies, collectively called the Afa Group.
BELGIUM - KBC invests in Intek
KBC Private Equity has invested EUR 1m via its KBC Arkiv fund in Intek, a company specialised in the production and distribution of electronic locks. The transaction was privately sourced and completed at the beginning of July.
NL- Apax Partners courts Endemol
Apax Partners is thought to be considering a possible EUR 1bn for Dutch quoted company Endemol. The private equity firm, which failed to purchase ITV earlier this year, could set up a consortium to buy Telefonica’s stake in Endemol.
BELGIUM - Clear2Pay receives EUR 15.7m third round investment
Clear2Pay has announced that it has received a EUR 15.7m third round investment which was led by AGF Private Equity, with new investor GIMV as a co-lead. The existing investors, Intel, QuestforGrowth, TrustCapital Management and Big Bang Ventures also...
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.
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.
NETHERLANDS - Vendex KKB continues operations under the name Maxeda
Vendex KKB, the Dutch retail concern which was delisted in August 2004 by a KKR-led consortium, has changed its name to Maxeda. This decision is understood to be motivated by a desire to sound more international, in order to stimulate growth outside of...