Nordics
SWEDEN - Accent Equity acquires 51% of Coffee Queen
Accent Equity is acquiring 51% of the shares in Coffee Queen, which develops, manufactures and sells coffee machines. The present owner and CEO, Georg Möller, and the management team of the company will own the remaining shares. Wholly owned subsidiaries...
FINLAND - Amanda Capital capitalises EUR 2m on two exits
Amanda Kapital, the listed Finnish funds-of-funds, has generated EUR 2m on two exits from its portfolio. EQT IV has listed Togum, a manufacturer of diesel, on the Frankfurt Stock Exchange. And Charterhouse VII has sold its shares of Saga, a travel and...
SWEDEN - Litorina Kapital acquires Pahléns
Litorina Kapital III has acquired Pahléns, a Swedish developer, manufacturer and seller of swimming pool products. Litorina Kapital will following the transaction hold 75%, while the founding family will hold the remaining 25%.
SWEDEN - Litorina Kapital III L.P acquires Securia
Litorina Kapital III L.P has acquired Securia Systems AB, a Swedish company that offers security related services and insurance solutions. Following the acquisition, Litorina Kapital will be the majority shareholder while the former owners will remain...
NORWAY - ChapDrive raises EUR 2.25m from NorthZone el al.
ChapDrive AS and NTNU Technology Transfer AS have agreed with NorthZone Ventures, Hafslund Ventures and Statoil New Energy a new share issue combined with sale of shares for a total EUR 2.25m. The new investment will be used to build an international...
NORWAY - True North Private Equity and Ernströmgruppen acquire Flisekompaniet
True North Private Equity and Ernströmgruppen, through its subsidiary Ernström Handel & Industri AB, have signed an agreement with Liano AS and FK Invest AS to acquire the shares in Flisekompaniet, a Norwegian tile retailer.
FINLAND - The Carlyle Group makes first real estate investment in Finland
The Carlyle Group has made its first investment in Finland by acquiring four buildings in Helsinki from the pension fund of Finnish Broadcasting company, YLE. Carlyle Europe Real Estate Partners has acquired a portfolio of three properties located north...
SWEDEN - OxThera receives SEK 150m in new share issues
A consortium of investors has invested SEK 150m in OxThera AB, a Swedish pharmaceutical compnay. The previous investors HealthCap, Scandinavian Life Science Venture and Q-Med AB, were joined by Industrifonden and other private investors in the new share...
NORWAY - Ferd completes largest ever buyout by a Norwegian-based private equity fund
Ferd Private Equity Fund II has led the group of investors that has acquired oil service company Aibel Ltd for $900m from Candover, 3i and J P Morgan Partners LLC private equity funds. The transaction marks the largest ever buy-out by a Norwegian-based...
GLOBAL - GE chairman keeps the pressure on private equity
In comments to the UK press, Jeffrey Immelt, the chairman of GE, has added his voice to the sceptical chorus surrounding private equity in recent months. His argument is based on a critique of the industry that sounded like the idiots guide to a buyout...
GLOBAL - $48.5bn deal for BCE the largest ever
The investment arm of the Ontario Teachers' Pension Plan, Teachers Private Capital, has joined forces with Providence Equity Partners and Madison Dearborn Partners to acquire BCE, Canada's largest telecom group. The $48.5bn price-tag will make it the...
SWEDEN - Moberg Derma raises SEK 27.7m for clinical trial
Moberg Derma AB, a Swedish pharmaceutical company, has raised SEK 27.7m to fund clinical phase II trial for a Novel treatment of nail fungus. The Baltic Sea Foundation (Östersjöstiftelsen) was the lead investor. Other institutional and private investors,...
FINLAND - ABN AMRO Capital sells Iittala Group for EUR 235m
ABN AMRO Capital has sold Iittala Group Plc, a homeware company that offers a wide range of Scandinavian design-products, to Fiskars Corporation for EUR 235m.
SWEDEN - CapMan invests in healthcare provider Nacka Närsjukhus Proxima
Funds managed by CapMan will, together with management, acquire Swedish Nacka Närsjukhus Proxima AB, a private healthcare provider offering specialised healthcare in the greater Stockholm area.
FINLAND - CapMan exits from Medianorth
Funds managed by CapMan have sold their holding in media house Medianorth Group Oy to Avaus Consulting Oy.
SWEDEN - Segulah completes re-capitalisation of Nordform, returning 1.2x
Segulah III has completed a re-capitalisation of Nordform, Sweden’s leading producer and marketer of prefabricated concrete products. Funded by an additional tranche of senior debt and excess cash, Nordform was able to repay a subordinated loan provided...
NORWAY - Cubera acquires Swedish tail end fund
Cubera Private Equity has acquired seven portfolio companies from the Swedish private equity fund Servisen private equity fund II.
SWEDEN - 7 out of 10 Swedish venture capitalists seek to invest in clean-tech
According to a new study by the Swedish venture capital association (SVCA), 7 out of 10 Swedish venture capitalists seek to invest in clean-tech as investors and regard this sector to have the greatest potential. Clean-tech has attracted 6% of committed...
NORWAY/SWITZERLAND - ReVolt Technology raises EUR 10m
ReVolt Technology AS, a developer of rechargeable Zinc-air batteries, has raised €10 million in second-round funding. Backers include Northzone Ventures, Sinvent, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Ventures. Revolt Technologies...
GERMANY/SWEDEN - 3i-led consortium acquires Scandlines
A consortium led by 3i and Allianz Capital Partners has agreed to acquire Scandlines Group together with strategic partner, Deutsche Seereederei (DSR), from Deutsche Bahn AG, Danske Transport and Energiministeriet.
FINLAND - MB Funds sells Inspecta to 3i
MB Funds has sold its holding in Inspecta to 3i. MB Funds has held the majority of the shares in the company since 2002. Over the last five years Inspecta has grown its revenues from EUR 18m to EUR 106m. The number of employees has also grown from 256...
NORWAY/SWITZERLAND - Northzone Ventures and TVM in EUR 10m round for ReVolt
Existing investors Northzone Ventures, Sinvent, Sofinnova Partners, TVM Capital, Verdane Capital and Viking Ventures have participated in a EUR 10m funding round for ReVolt Technology. The latest commitment brings total funding for ReVolt, a developer...
SWEDEN - Industrifonden leads consortium of investors in a $5.6m round in Movimento
Industrifonden has participated in a $5.6m funding round for Movimento, a desiger and manufacturer of tools for the automotive and transportation industry. Industrifonden itself has invested $2.8m in this round alongside a $2.8m commitment from existing...
DENMARK - Investcorp acquires Icopal for EUR 850m
Investcorp has signed an agreement to acquire Icopal, a manufacturer and provider of roofing products and installation services, for EUR 850m on a debt-free basis. Icopal will be acquired from a consortium comprising Axcel, Denmark's largest private equity...