DACH
GERMANY – Aurelius buys Zeeb & Hornung
Aurelius AG has acquired shirt manufacturer Zeeb & Hornung GmbH & Co. for an undisclosed amount from its previous owners, as part of a succession plan.
GERMANY - MX Mercury Beteiligung acquires Consolidated Fire Protection Holdings Inc
Industri Kapital portfolio company MX Mercury Beteiligung GmbH has acquired Consolidated Fire Protection Holdings Inc for an undisclosed sum. Law firm Clifford Chance acted as advisors on the deal.
GERMANY – CFC Industriebeteiligungen acquires Vogt electronic Letron GmbH
Dortmund-based CFC Zwischenholding GmbH has acquired 100% of the shares of Vogt electronic Letron GmbH from Vogt electronics EMS GmbH, a subsidiary of Vogt electronic AG for an undisclosed amount. Vogt electronics Letron GmbH develops, manufactures and...
GERMANY – Arques Industries buys seven plants from MöllerGroup
German Arques Industries is set to acquire seven plastics components plants from MöllerTech International in Nuneaton, subsidiary of Bielefeld-based MöllerGroup. The seven plastics components plants subject to the deal are based in France, Spain, and...
GERMANY - AC Alpha Management partners with AshtonPenney
AC Alpha Management GmbH, a German provider of interim managers for private equity portfolio companies, has formed a partnership with AshtonPenney Interim, UK-based interim management solutions specialists. Both companies have decided to work together...
EUROPE - Family offices back private equity
A new study by the European Venture Capital and Private Equity Association (EVCA) and the IMD Business School of Lausanne shows that family offices have become an integral part of the European private equity investor community and that a trend of increasing...
SWITZERLAND – Argos Soditic to reap 12x return with Maillefer
unquote” has learned that Argos Soditic will announce its exit from Swiss company Maillefer next week.
GERMANY – Vestar Capital Partners opens in Germany
Vestar Capital Partners Europe has opened an office in Munich, with managing director Jens Tonn, and vice president Daniel Boege heading the team of four.
SWITZERLAND – Capvis acquires de Sede Group
Capvis has agreed to acquire furniture manufacturer de Sede for an undisclosed sum. The transaction is part of the succession plan of owners Hans-Peter Fässler and Bernhard Schüler who continue to manage the company and remain shareholders in it.
FRANCE/GERMANY – Deutsche Telekom to announce media broadcast unit sale
According to press reports, Deutsche Telekom will sell its German media broadcast business to TDF, which is backed by Texas Pacific and AXA Private Equity. The transaction is estimated to be worth between EUR 700m and EUR 900m. Australian Macquarie Infrastructure...
SWITZERLAND – Innovative Silicon Inc raises US 26m in Series Series C round
Innovative Silicon Inc announced today that Wellington Partners Venture Capital has joined with all existing investors (Index, Austin Ventures, Highland Capital, Auriga, and chipmaker Soitec) to lead a $25m series-C round of investment in the company....
GERMANY – Earlybird sells AbaXX Technology AG
Earlybird portfolio company, AbaXX Technology AG has been acquired by Dutch software company, Cordys. Earlybird and 3i provided the company with early-stage funding in 2000. Three further rounds of funding followed in which BayTech also participated.
GERMANY – Earlybird sells remaining stake in Tipp24 AG
Earlybird sold its remaining shares in Tipp24 AG, an internet business listed on the Prime Standard in Frankfurt. Its flotation in October 2005 was 15x oversubscribed. Earlybird provided early-stage financing to Tipp24 in 1999 and led the second round...
GERMANY – T-Online Venture invests in zweitgeist
T-Online Venture Fund has invested an undisclosed sum in Hamburg-based start-up zweitgeist GmbH. This investment will support zweitgeist’s aim to expand internationally. Additionally the company will benefit through access to cooperation partners belonging...
GERMANY - Montagu portfolio company acquires FLA Orthopedics Inc
Hamburg-based BNS medical, a Montagu Private Equity portfolio company, has acquired FLA Orthopedics Inc from The Riverside Company through its US subsidiary, BSN medical Inc. The transaction value has not been disclosed. Florida-based FLA Orthopedics...
GERMANY – Dubai International Capital buys Almatis
Dubai International Capital LLC has agreed to acquire specialty alumina producer Almatis from funds controlled by Rhône Capital L.L.C. and Teachers’ Private Capital. Dubai International Capital will retain the current management team and support Almatis’...
SWITZERLAND – Acomon AG buys Chemtura’s optical monomers business
Acomon AG, Zug-based affiliate of German private equity firm Auctus Management GmbH & Co. KG, has purchased Chemtura Corporation’s optical monomers business. The deal value of this all-cash transaction was not disclosed. Chemtura’s Ravenna, Italy-based...
GERMANY - ADCURAM Group AG buys Hennecke Group from Bayer
ADCURAM Group AG has purchased polyurethane processing machinery business Hennecke GmbH from Bayer for an undisclosed sum. The transaction is due to complete before the end of the year. With this transaction, ADCURAM further strengthens its manufacturing...
GERMANY – Cerberus looks to back SBO of Woolworth from Electra
Cerberus has filed for regulatory approval to acquire 64% of German department store chain DWW Deutsche Woolworth GmbH&Co OHG from Electra Private Equity Plc for an undisclosed sum. The deal encompasses 100 department stores in Germany, and Cerberus is...
AUSTRIA – Gamma invests in startup Fatfoogoo
Austrian startup Fatfoogoo has raised an undisclosed sum of Series-A funding in a round led by Gamma Capital Partners, along with existing seed investors marchsixteen LLC (Toto Wolff), Azzurro Investment (Christian Lutz), and Michael Krammer (new CEO...