Nordics
FINLAND - Eqvitec acquires outstanding shares of StyroChem
Eqvitec Technology Fund III has acquired the outstanding shares in StyroChem Finland Oy, a producer of expandable polystyrene (EPS), from Wincup. The investors will also offer management ownership in the compnay.
DENMARK - Unifeeder is acquired by Montagu for over EUR 400m
Montagu Private Equity has acquired feeder operator Unifeeder from its management for over EUR 400m. The investors acquired 100% of the company, but the management will take a significant stake in the business going forward. Unifeeder was sold via an...
NORWAY - Ferd Ventures invest EUR 2m in Kvaleberg
Ferd Ventures has invested EUR 2m in Kvaleberg, a mobile software company located in Oslo. The investment will be used to accelerate international growth.
FINLAND - CapMan strengthens its Real Estate team
Jorma Lehtonen has been appointed as CapMan Real Estate’s fund director and will be responsible for the investment activities of private equity real estate funds. In addition he will act as deputy to Markku Hietala, managing director of Realprojekti Oy....
FINLAND - CapMan acquires land in Vantaa
CapMan RE II has acquired land located in the Kivistö area of Vantaa, Finland. Under the existing plans, the land and surrounding properties will be zoned as a commercial services district.
NORWAY - NVCA reports strong growth in Norway
The Norwegian Venture Capital Association has released its annual statistics on the Norwegian market for 2006. In 2006, there were 15 new funds established with NOK 11.4bn of new capital raised. The association also reported a 75% increase in the amount...
FINLAND - 3i acquires 25% of DNA for EUR 140m
3i has acquired 25% of the shares in Finnet OY, a Finish mobile operator, for EUR 140m. Following the deal Finnet OY is to be renamed DNA. 3i's stake will be reduced to 13% after the anticipated merger of five local operators and DNA. The 25% stake has...
DENMARK - EQT acquires Cimbria
The EQT Opportunity Fund has agreed to acquire a majority of the shares in the Danish industrial engineering Company Cimbria A/S.
SWEDEN- Nordic Capital acquires Thule Group from Candover
Nordic Capital VI has acquired Thule Group from Candover. Thule Group is a sports utility transportation solution provider with revenues of SEK 6bn.
FINLAND - Lion Capital acquires Vaasa & Vaasa from CapVest
Lion Capital LLP has acquired Vaasan & Vaasan, a producer and distributor of branded bakery products, from CapVest Ltd. Lion Capital has previously invested in other food companies like Weetabix and Kettle Foods, and aims to leverage its experience in...
FINLAND- CapMan invests in Movial Applications
CapMan Technology 2007 fund has invested in Movial Applications, a provider of IP communication software network equipment. CapMan will hold a minority stake in the company, while the management and employees will continue to hold the majority of the...
DENMARK - CapMan acquires IT2 Treasury Solutions
CapMan Technology 2007 fund has acquired IT2 Treasury Solutions from SimCorp, a Copenhagen-listed firm. CapMan will together with the management own 100% of the company. The transaction is expected to finalise in July 2007.
FINLAND - Via Ventures and Finish Industry Investments commit EUR 5m in OptoGaN
Via Ventures and Finish Industry Investments have committed capital in a EUR 5m round for OptoGaN, a light emitting diodes (LED) company based in Finland and Germany. The company has the technology to replace light bulbs with LED and the new funding will...
SWEDEN - EQT sells the remaining 15.9% shares in Symrise AG
EQT III has sold its remaining stake in Symrise AG. It used Deutsche Bank as placing agent.
DENMARK - Carlyle leads consortium to create new city district in Copenhagen
The Carlyle Group and Hoffmann Ejendomme, a Danish property developer, are in the process of aquiring Copenhagen Wholesale Market (Grønttorvet København). The aim is build a new city district in in Copenhagen on the site where the market was previously...
SWEDEN - SVCA launches private equity 'internships' for politicians
In a move to counteract the bad press targeted at the private equity market recently, the Swedish Venture Capital Association (SVCA) has offered politicians an opportunity to gain first-hand experience in the industry. “It was a fantastic opportunity...
SWEDEN- Creandum, Teknoinvest and Grande Ventures invests $6m in Mitrionics
Mitrionics AB, software developer, has received $6m of funding from three investment firms: Grande Ventures, LLC, a United States-based firm and lead investor in this round, and Creandum and Teknoinvest. Creandum and Teknoinvest are both previous shareholders...
FINLAND - CapMan strengthens its advisor network
The former CEO of Stora Enso, Jukka Härmälä, has been invited to join CapMan’s Advisor Network as a senior advisor from June 2007. Härmälä retired from his position as CEO of Stora Enso at the end of March 2007, having held the post since 1998. He started...
EUROPE - European venture performance takes off
The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...
EUROPE - European venture performance takes off
The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...
FINLAND - Nexit Ventures exits Hantro Products to On2 Technologies
Nexit Ventures have agreed to sell its shares in Hantro Products, a provider of video technology for mobile devices, to On2 Technologies Inc (AMEX: ONT), an international developer of video compression technology.
NORWAY - Verdane makes 5x with Reslab divestment
Verdane Capital Advisors has agreed to sell its 33% stake in Reslab, Resevoir Laboratories AS to Weatherford International, an NYSE-listed company (WFT ticker). The transaction, which will formally close in June, sees Verdane Capital Advisors realising...
NORWAY - Nordic Capital sells Nopco Paper Technology
Nordic Capital Fund III has divested Nopco Paper Technology AS, producer and supplier of additives for the pulp and paper industry, to its management and Glitnir for an undisclosed sum. Nordic Capital supported the carve-out of Nopco from Henkel back...
WORLD - Blackstone in $3bn Chinese coup
When Blackstone announced it was to list on the NYSE, it provoked much discussion, but few mused over its potential impact on Chinese-US relations. Unsuprisingly, no one foresaw China's announcement that it will invest $3bn of its $1.2 trillion foreign...