DACH
Nuclear winter
It is hard to write anything about the market without being potentially disproven by new developments tomorrow - or even in just a few hours
GERMANY - Süddeutsche Beteiligung acquires Schwäbische
Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.
SWITZERLAND - Aravis leads CHF 21m Telormedix funding
Aravis Venture has led a CHF 21m funding round for biotechnology company Telormedix SA. Other investors include Proquest Investments, BSI SA, Nextech Venture and Generali Insurance Group.
SWITZERLAND – TVM Capital backs CHF 24m Nitec Pharma AG investment
TVM Capital and Deutsche Bank have led an investment of CHF 24m into speciality pharmaceutical company Nitec Pharma AG, alongside existing investors NGN Capital, Global Life Sciences Venture and Atlas Venture.
GERMANY – Finatem-backed DNZ acquires DWSI
Finatem Beteiligungsgesellschaft has backed portfolio company DNZ Deutsche Notrufzentralen und Sicherheitsdienste Holding GmbH in its acquisition of DWSI Dresdner Wach- und Sicherungsinstitut GmbH from Arndt Sicherheit und Service GmbH and several private...
GERMANY - Montagu abandons BSN Medical auction
Reports suggest that Montagu has decided to abandon the planned auction of medical supplies company BSN Medical, which was expected to achieve a sale price of between EUR 1.8bn - EUR 1.9bn, as a result of the continuing turmoil in the financial markets....
SWITZERLAND - TowerBrook refinances Odlo
TowerBrook Capital Partners has agreed a refinancing of portfolio company Odlo Sports Group AG, a designer, manufacturer and distributor of functional sports clothing, which will see new debt facilities of CHF 86.7m injected into the business.
SWITZERLAND – Vinci Capital invests CHF 6m into Omnisens
Vinci Capital has invested CHF 6m into Omnisens SA, a developer of long-distance distributed fiber-optic sensing.
GERMANY - Joachim Schmarbeck to leave Wölbern
Joachim Schmarbeck will leave Wölbern Invest AG on 31 December 2008 to pursue new opportunities.