Benelux
NETHERLANDS - ABN AMRO Capital leads biotech deal
ABN AMRO Capital has led a EUR 13m second round of funding in PanGenetics, alongside existing investors Index Ventures and Crédit Agricole Private Equity (CAPE).
BELGIUM / SWEDEN - Rabo Participaties portfolio company backs PlymoVent
Rabo Participaties portfolio company Clean Air Group BV has invested in Sweden-based PlymoVent. The company is a specialist in industrial fume extraction and filtration technology. The value of the transaction is undisclosed.
NETHERLANDS - ABN AMRO Capital exits RTD to Applus for EUR 193m
ABN AMRO Capital has sold its stake in Röntgen Technische Dienst Holding BV to Applus Services Technologicos SL. The transaction is valued at EUR 193m. ABN AMRO Capital acquired the company from Lloyds Register in 2002. The exit transaction is expected...
NETHERLANDS - Van den Ende & Deitmers buys eyeworks
Van den Ende & Deitmers Crossmedia Fund has taken a 30% interest in television producer Eyeworks. The management retains the rest of the shares.
BELGIUM - E-Capital launches E-Capital II
E-Capital has announced the launch of its second fund, E-Capital II, dedicated to the small- and mid-size buyout market.
BELGIUM- KBC acquires IPCOS
KBC Private Equity has acquired a 60% stake in Leuven-based technology company IPCOS, active in the development and worldwide sale of automated process control solutions for the chemical, glass and oil industries.
BELGIUM- Big Bang Ventures holds first close
Big Bang Ventures has announced that it has held a first closing of its second fund, Big Bang Ventures II, at EUR 17.3m.
NETHERLANDS- VNU bid under pressure
Market reports suggest that nearly half of VNU's shareholders are planning to reject the EUR 7.5bn takeover proposed by a consortium of Alpinvest, Blackstone, Carlyle, Hillman & Friedman, KKR and Thomas H Lee.
NETHERLANDS - Rabo Participaties invests in mushroom assimilator
Rabo Participaties has announced that it has taken a minority stake in mushroom assimilation company Van Soest Champi'mer (VSC).
NETHERLANDS - PGGM to invest in Cyrte
Press reports suggest that Dutch pension fund PGGM will invest EUR 500m in the recently launched TMT fund managed by Cyrte Investments.
NETHERLANDS - Shell auction pulled over price issues
Royal Dutch Shell has decided to retain its liquified petroleum gas businesses after an auction failed to attract adequate bids. The auction, which lasted nearly 18 months, saw several industry and private equity players express an interest, including...
NETHERLANDS - ABN AMRO sells Radio Holland
ABN AMRO Capital and Stichting Co-Investors Radio Holland Group have agreed the sale of Dutch based Radio Holland Group to Imtech NV, for a purchase price of EUR 47m. Through this exit, ABN AMRO Capital will achieve a money multiple of 4.4x the initial...
THE NETHERLANDS - ABN AMRO helps Bols return home in EUR 210m deal
ABN AMRO Capital, the private equity business of ABN AMRO, and Huub van Doorne, former Rémy Cointreau SA Group executive board director, have agreed the buyout of a selection of key liqueurs and spirits of French international drinks company Rémy Cointreau....
THE NETHERLANDS - VNU accepts EUR 7.5bn LBO offer
VNU NV, a leading global information and media company, and Valcon Acquisition BV, a holding company newly incorporated in the Netherlands, announced today that they have agreed to a public offer for VNU that values the company’s equity at EUR 7.5bn,...
THE NETHERLANDS - KKR and CVC close Rotterdam waste management deal
A consortium led by Kohlberg Kravis Roberts & Co. (KKR) and CVC Capital Partners (CVC) today announces that the transfer of 100% of the share capital in AVR for a total enterprise value of EUR 1.4bn from the Municipality of Rotterdam has taken place....
THE NETHERLANDS - Permira leaves VNU consortium
Press reports suggest that Permira has dropped out of the private equity consortium which has tentatively offered to buy VNU for between EUR 28 and EUR 28.50 a share, because of concerns that the offer price is too high. This withdrawal reduces the consortium...
THE NETHERLANDS - 3i sells UTT in reverse takeover
3i has announced the sale of Rotterdam-headquartered United Transport Tankcontainers Holdings BV (UTT), the international tank container operator, to AIM-listed Interbulk Investments Plc in a net EUR 67m reverse takeover deal.
BELGIUM - KBC and Net Fund Europe sell Club
KBC Private Equity, Net Fund Europe and several private shareholders have concluded an agreement with Distripar on the sale of their entire stake in Club SA, valuing Club at EUR 21m. The transaction is still subject to certain conditions, including the...
THE NETHERLANDS - PE eyes on Stork
PE firms are reportedly looking at delisting Netherlands-based conglomerate Stork. Press reports suggest KKR, Blackstone, Carlyle and CVC Capital Partners are looking at potentially buying the firm, which has a market cap of EUR 1.6bn.
EUROPE - LBO market smashes EUR 100bn barrier
2005 saw further significant growth in the European buyout market with the total value of deals topping EUR 100bn for the first time ever, according to the latest European Buyout Review due to be published in March 2006 by Incisive Media in association...
THE NETHERLANDS - Advent opens shop in Amsterdam
Advent International, the global private equity firm, today announced the opening of its Amsterdam office. The office will be led by Amsterdam-based Teartse Schaper, who will be supported from London by John Singer, an Advent managing director. The Amsterdam...
THE NETHERLANDS - VNU remains in buyout talks
VNU has announced that it continues to be in active talks with a private equity consortium over a proposed buyout of the company, and that its supervisory and executive boards expect to provide their view on the non-binding offer by the end of this month.
European tech M&A soars, says research
The number of acquisitions during 2005 within the European technology sector has outstripped the previous high of 2004 and recorded a staggering 103% increase in deal value, according to the latest findings from Regent Associates' 'European Technology...