Nordics
Sanitec valued at SEK 6.1bn in IPO
Bathroom ceramics maker Sanitec started trading on Nasdaq OMX Stockholm today at SEK 61 per share, rising to SEK 64.75 in early trading.
Kinnevik exits BillerudKorsnäs
Investment AB Kinnevik has sold its stake in renewable packaging material company BillerudKorsnäs to a number of Swedish institutions for SEK 3.7bn.
Video: DFJ's Sage on Europe's next big tech trends
Video: DFJ Esprit
LPs expect net returns of at least 11%
The majority of LPs anticipate annual net returns in excess of 11% over the next three to five years, according to the latest Coller Capital Global Barometer.
Cinven's Amco in bolt-on
Cinven portfolio company Amdipharm Mercury (Amco) has acquired Abcur, a Swedish pharmaceutical business.
Direct secondaries: breathing new life
An industry-wide impetus is needed to resuscitate an ailing sector. Kimberly Romaine reports
Northzone VII holds first close on €150m
Northzone has held a first close for its latest technology-focused fund Northzone VII on €150m.
Vitruvian collects £1bn for second fund
Vitruvian Partners has closed its second fund on £1bn, well above its initial £800m target.
Truwit, Sillitoe replace Halusa at Apax helm
Mitch Truwit and Andrew Sillitoe, Apax Partners
Hoxton Ventures holds first close on $40m
Hoxton Ventures has held a first close for its maiden fund Hoxton Ventures Fund I on $40m, with the aim of bringing the US microcap venture strategy to Europe.
Segulah acquires Øglænd Industrier for near NOK 1bn
Segulah has agreed to acquire Øglænd Industrier, a Norwegian provider of support solutions for the oil & gas industry, for close to NOK 1bn.
Credit Suisse to sell DLJ Merchant Banking to Coller
Credit Suisse Group is to sell its shares in mid-market buyout arm DLJ Merchant Banking Partners to Coller Capital, according to reports.
Vækstfonden backs Nanovi with €600,000
Vækstfonden has provided €600,000 in seed capital for Nanovi, a Danish company developing products based on biomaterials for the treatment of cancer.
Rhonda Ryan joins Altius
Rhonda Ryan, Altius Associates
Accent's Candyking sets IPO price range
Swedish confectionery retailer Candyking, backed by Accent Equity Partners, will sell shares worth up to $127m in its upcoming IPO.
Sunstone backs Addwish
Sunstone Capital has injected $1.8m into Addwish, a Danish start-up that offers online wish list services for consumers and online shops.
Clifford Chance promotes Matthew Layton
Matthew Layton, Clifford Chance
Nordic Capital and CVC exit Cloetta
Nordic Capital and CVC Capital Partners have sold their remaining 16.1% stake in listed confectionery manufacturer Cloetta.
Nordic Capital tax case could be ruled before year-end
NC Advisory, Nordic Capital’s advisory firm, is today attending a second day of hearings in Stockholm’s appeals court. Karin Wasteson reports from Stockholm
EQT buys Aker’s well intervention services business
EQT has acquired the well intervention services business of listed international oil service group Aker Solutions for NOK 4bn.
FSN hits SEK 5.25bn final close
Pan-Nordic investor FSN Capital has reached a final close for its FSN Capital IV fund on SEK 5.25bn (€600m).
EQT’s Conni Jonsson steps back
Conni Jonsson, EQT
Almi Invest injects SEK 3.9m in Silent Order
Almi Invest has backed Silent Order, a Swedish mobile app that allows users to pre-pay for drinks in restaurants and bars.
Synoste raises €2.8m in seed round
High-Tech Gründerfonds (HTGF), Finnvera, Lifeline Ventures, Tekes and a consortium of business angels have backed medical devices company Synoste with €2.8m.