Southern Europe
ITALY – L Capital's Piazza Sempione opens new store
Piazza Sempione, backed by L Capital, the private equity fund sponsored by the LVMH Group, has opened a Moscow store. Milan-based Piazza Sempione, was founded in 1991 and specialises in women’s prêt-a porter clothing and accessories. The opening takes...
SPAIN – Monitor Capital acquires Spanish catering business
Monitor Capital has acquired 95% of Franquicias Hoteleras, a catering business with 15 operations in 10 of the country’s provinces.
ITALY – Innogest Capital invests EUR 2m in data management player
Italian venture capital firm Innogest Capital provided Internet intelligence company IntelligenceFocus with a second round of financing valued at approximately EUR 2m.
ITALY – Intesa Sanpaolo sells stake in yacht maker
Intesa Sanpaolo has sold its 12% stake in yacht manufacter, Azimut-Benetti. The deal comes after the agreed investment period came to an end.
SPAIN/US – BBVA backs internet service provider
MyStrands has received an investment by BBVA of approximately EUR 16m. Existing investors Sequel and Debaeque Venture Capital have also been involved in this round. Earlier this year a consortium including Debaeque Venture Capital invested a total of...
ITALY – Euraleo and 21 Partners promote public offer
Euraleo and 21 Partners have announced to the Italian regulatory body Consob, their intention to promote a mandatory public offer on the shares in Sirti.
SPAIN – Investindustrial acquires stake in Applus+
Investindustrial has acquired a 5% stake in Applus+ in a EUR 20m deal. The transaction follows The Carlyle Group's EUR 1.48bn buyout of Applus+ in July 2007. Carlyle will retain a 76.42% stake in the business. The remaining shareholding is owned by various...
EUROPE - CVC launches new infrastructure business
CVC Capital Partners has announced the launch of a new infrastructure investment business, with Stephen Vineberg appointed as chief executive.
SPAIN – Vocento is tempted by venture offer
Vocento has rejected an offer allegedly received from a private equity buyer for a 13% stake in Telecinco.
ITALY – Arca Impresa transfers control of Cemp to Indian company
Arca Impressa has transferred 100% of its stake in Cemp to ABG Engineering & Constructions in a deal based on the EUR 27m company value. The company is backed by Indian GP Tano Capital.
SPAIN – MCH backs weapons manufacturer
Private equity group MCH has invested in Spanish weapons manufacturer Industrias El Gamo, in a deal valued at approximately EUR 70m.
SPAIN – New player to invest in renewables in Morocco.
Inveravante, a new private equity player has reached an agreement with the Morrocan Government to promote wind-energy projects.
ITALY/UK– Investindustrial acquires English perfume maker
Morris Profumi, an Investindustrial portfolio company, has acquired Atkinsons in a deal that would put the company’s 2007 turnover at around EUR 100m.