Southern Europe
SPAIN – Clave Mayor in snacks manufacturer acquisition
Clave Mayor and the Development Company of Navarra (Sodena) have paid EUR 6.5m for a 46.4% stake in snack manufacturer Apex.
Defying logic
'Crisis' is perhaps too harsh a word to describe the current financial picture. There are certainly less mega-deals, but they are always fairly lumpy. The real engine of growth in Southern Europe is at the mid-market level, where although activity has...
Q&A - Placement agents
The Southern European market has experienced the impact of limited liquidity when it comes to completing leveraged transactions, but the industry is seeing a range of opportunities surfacing, translating to new players disembarking and fundraising reaching...
Q&A - GPs
Recently undertaken fundraising efforts have proven encouraging for both established houses such as Investindustrial and N+1 and newcomers such as Magnum. GPs are adapting, offering investors alternatives through which to add value to portfolios. Francinia...
ITALY – Palladio acquires industrial manufacturer Emer
Palladio Finanziaria has acquired specialised industrial manufacturer Emer in a club deal led by Pop Milano Venice which also included Mps Capital Services and Efibanca. The value of the transaction has not been disclosed but according to sources it is...
SPAIN – First Reserve acquires Gamesa Solar
US-based private equity house First Reserve Corporation acquired energy producer Gamesa Solar from Gamesa, in a deal valued at approximately EUR 261m.
ITALY - Opera leads Vetrerie Riunite buyout
Opera has led the acquisition of glass manufacturer Vetrerie Riunite alongside private equity operator DGPA. The investors have acquired 52% and 24% stakes respectively. The remaining 24% is held by the vendors who reinvested in the company.