DACH
GERMANY - Odewald & Compagnie sells Zehnacker Group
Odewald & Compagnie has fully exited its stake in facility management company Zehnacker Group in a trade sale to listed French company Sodexo.
GERMANY - NORD Holding backs MBO of IGEL
NORD Holding Unternehmensbeteiligungsgesellschaft mbH has taken a majority stake in thin clients company IGEL Technology GmbH as part of a management buyout from parent company the Melchers Group. Melchers Group and managing partner Heiko Gloge will together...
EUROPE - 3i reports 40% drop in new investments
3i Plc has announced a year-on-year drop of almost 40% in new investments for the five months to 31st August, which fell to ТЃ622m in 2008 compared to more than ТЃ1bn for the same period in 2007.
EUROPE - Permira hires new senior adviser
Permira has hired David Williams as a senior adviser in the industrial and product services sector.
EUROPE - Kleinwort Benson appoints new head of alternative assets team
Kleinwort Benson has appointed Alexandre Pigault as new head of alternative assets research.
GERMANY - Mantra invests in Arques
French investment firm Mantra is in the process of completing a deal to increase its stake in listed industrial holding Arques Industries.
EUROPE - Private equity attracted to logistics
According to a new study by PricewaterhouseCoopers, private equity buyers are increasingly targeting investments in the transport distribution and logistics sectors.
GERMANY – Terra Firma settles legal case
Terra Firma, along with a fund managed by Deutsche Bank, have abandoned their attempts to block Swiss bank UBS from selling debt held in Germany’s Tank & Rast service station following a high court settlement.
GERMANY - HAARMANN strengthens corporate real estate practice
HAARMANN has hired Dr Sebastian Gronstedt to its real estate and notary practice.
EUROPE - European Commission to discuss transparency proposals
The European Parliament today voted to send the Lehne and Ramussen reports on the transparency of institutional investors to the European Commission for discussion.
GERMANY - BFB and bmp join Revotar funding
BFB BeteiligungsFonds Brandenburg GmbH and bmp AG have invested in biotechnology company Revotar Biopharmaceuticals AG in a EUR 5.3m second closing of the company's series-A funding round.
GERMANY - High-Tech Gründerfonds invests in HAPILA GmbH
High-Tech Gründerfonds has invested in start-up company HAPILA GmbH, which offers processes for purification of active pharmaceutical ingredients.
GLOBAL - Permira appoints senior adviser
Permira has appointed David Williams, former CEO of SIG Plc, as senior adviser.
GERMANY - BPE-backed Eschenbach Group completes acquisition
Barclays Private Equity has backed portfolio company Eschenbach Group, a provider of eyewear and related products, in its acquisition of International Eyewear Limited, a UK-based manufacturer of eyewear and sunglasses, for an undisclosed sum.
GERMANY – MIG leads EUR 5m Corimmun funding
MIG AG has led a EUR 5m series-A funding round for biotechnology company Corimmun Gmb. The round also included contributions from new investors GC Fund, Bayern Kapital and KfW Bank, as well as existing backers High-Tech Gründerfonds, Bio-M AG and SeedFonds...
EUROPE – European Parliament demands greater transparency
MEPs are demanding tough new regulations to force greater transparency from hedge funds and private equity groups.
SWITZERLAND - Capvis and HgCapital join forces on KVT
Capvis and HgCapital have agreed a co-investment in industrial parts company Koenig Verbindungstechnik AG (KVT).
GERMANY – Munich Venture Partners leads Communology investment
Munich Venture Partners has led a second round of funding for software company Communology, alongside existing investors S-VC and Kreditanstalt für Wiederaufbau and the company's founders.
GERMANY – High-Tech Gründerfonds supports SCHAD
High-Tech Gründerfonds has invested an undisclosed sum into SCHAD GmbH, a provider of mobile systems for observing and operating machine and plant controls, in a first round of institutional financing.
GERMANY - Clifford Chance bolsters Düsseldorf team
Clifford Chance has strengthened its tax and banking team in Düsseldorf with the appointment of Dr Marc P Scheunemann and Manfred Ziwey.
GLOBAL - KKR hires new MENA head
Kohlberg Kravis Roberts & Co (KKR) has appointed Makram Azar as managing director and head of Middle East and North Africa (MENA).
GERMANY – HANNOVER Finanz back Geti Wilba MBO
HANNOVER Finanz has backed the MBO of frozen foods company Geti Wilba GmbH & Co KG from Nestlé Deutschland AG for an undisclosed sum.
GERMANY - Granville Baird moves from Steinhöft to HafenCity
After ten years at its Steinhöft headquarters in Hamburg, Granville Baird is moving to new offices in the city's HafenCity business park effective Monday 22nd September.
GERMANY - TVM Capital sells DIREVO Biotech
TVM Capital has sold portfolio company DIREVO Biotech AG to Bayer HealthCare in an all cash deal valued at EUR 210m. DIREVO Industrial Biotechnology GmbH, a wholly owned subsidiary of DIREVO Biotech AG, is not subject to this transaction and has been...