DACH
GERMANY - Auctus sells ZPF therm Maschinenbau
Auctus has sold 100% of its shares in ZPF therm Maschinenbau GmbH, a manufacturer of industrial furnaces and ancillary equipment for the aluminium-processing industry, to DZ Equity Partner GmbH.
GERMANY - Seventure leads EUR 5m funding round for conject AG
Lead investor Seventure and existing investor Earlybird have injected EUR 5m in software company conject AG.
GERMANY - CMP divests Lloyd Dynamowerke
Capital Management Partners has divested its majority shareholding in electrical and drive system manufacturer Lloyd Dynamowerke to Kirloskar Electric Company Ltd, a sector player operating in the Indian and Asian markets.
GERMANY – Cerberus sells Peguform to Polytec
Cerberus Capital Management has sold auto parts manufacturer Peguform Group to Austrian strategic investor Polytec Holding AG for an undisclosed amount.
Mixed messages
Recent German legislation has been anything but welcoming to foreign investors. Both the Risikobegrenzungsgesetz and Aussenwirtschaftsgesetz are widely seen as a deterrent against what certain parts of the government seem to still regard as hordes of...
Q&A - Dr Henrik Fastrich, Orlando Management GmbH
Dr Henrik Fastrich is a managing partner at Orlando Management GmbH, which closed its Special Situations Venture Partners II fund (SSVP II) on EUR255m in November 2006. The fund focuses on complex spin-off situations or corporate carve-outs, succession...
GERMANY – caption backs MBO of svt Group
Capiton has, together with CFH and the management team, backed the MBO of svt Group, a provider of in fire protection and damage management systems, for an undisclosed sum.
SWITZERLAND - DEFI Gestion acquires Plumettaz
DEFI Gestion SA, via DEFI EuroCap III, has acquired cable machinery company Plumettaz SA from its family owners for an undisclosed sum. Messrs Gérard and Denis Plumettaz will remain in the group as minority shareholders.
GERMANY – Neuhaus leads Charismathics investment
Neuhaus Partners GmbH has led an undisclosed investment into software company Charismathics GmbH in a first round of funding. BayBG Bayerische Beteiligungsgesellschaft mbH, Bayern Kapital GmbH and the management also participated in the financing.
GERMANY/CEE – bmp AG supports three seed companies with EUR 600,000
Bmp Media Investors has invested EUR 600,000 into Germany-based Microshooting, and Polish businesses Sklepy firmowe and Pomocni, with the investment being paid on a milestone bases. The three companies will commence business at the end of August or the...
GERMANY – Leonardo managing director resigns
Prof Dr Udo Wupperfeld has resigned his position as managing director of Leonardo Venture Capital GmbH, the fully liable partner of Leonardo Venture GmbH & Co KGaA, with immediate effect.
GERMANY – Consortium backs TWK MBO
DZ Equity Partner and strategic investor addfinity industries GmbH & Co KG have backed a management buyout of TKW Technische Kunststoffteile und Werkzeugbau GmbH & Co KG, a provider of industrial plastic-injection moulding and multi-material components...
GERMANY - TGFS supports Meetwise
Technologiegründerfonds Sachsen (TGFS) has provided an unspecified sum of seed financing to Meetwise GmbH, a company that develops remote conferencing solutions.
GERMANY - TGFS backs Pharetis GmbH
Technologiegründerfonds Sachsen (TGFS), an early-stage investor that finances business start-ups in the Saxony region, has invested an undisclosed sum into online social network Pharetis GmbH as part of a seed financing round.
GLOBAL - First Reserve to invest in nuclear venture
According to reports, US group First Reserve, which specialises in the energy sector, will reveal plans later this week for an investment worth hundreds of millions of dollars into Accord Nuclear Resources, a nuclear fuel venture headed by two uranium...
EUROPE - SL Capital reaches fourth closing on EUR 520m
SL Capital Partners has reached the fourth closing of its European Strategic Partners 2008 (ESP 2008) fund-of-funds on EUR 520m.