Consumer
CEE - Enterprise Investors sells Romanian supermarket chain to Carrefour
Enterprise Investors ’ Polish Enterprise Fund V has sold 100% of Romanian retail chain Artima to French retailer Carrefour. The transaction valued the company at EUR 55m, which represents an investment multiple of more than 3x. The transaction will close...
FRANCE - Argos Soditic backs BIMBO of Marie-Laure PLV
As part of a buy-in management buyout, Argos Soditic has acquired 53% of Marie-Laure PLV, a producer of promotional and maketing materials for retailers.
GERMANY - Cerberus sizing up Deutsche Woolworth
According to German press, US investor Cerberus Capital Management is looking to buy retailing group Deutsche Woolworth from Electra Private Equity. Electra bought the company in 1998. Deutsche Woolworth operates a total of 330 outlets in Germany and...
UK - LK Bennett next private equity target
Luxury fashion chain LK Bennett is the next retailer likely to be acquired by private equity. The 74-store strong business is wholly owned by its founder and is expected to have a price tag of approximately ТЃ150m. Rothschild has been retained to facilitate...
FRANCE - OFI Private Equity buys gadgets and gifts distributor for EUR 24m
OFI Private Equity invested EUR 12m in both equity and mezzanine to support the management buy-in of Soho, a network of retail points selling humouristic gifts and gadgets.
FRANCE - CDC CI leads tertiary buyout of Carré Blanc
CDC Capital Investissement Mezzanine Management has backed the tertiary buyout of home fabrics group Carré Blanc, from CIC LBO Partners and CIC Finance.
SWEDEN - Ledstierna acquires 20% of Katshing Netsales
Ledstierna AB, the Swedish listed venture capital firm, has invested SEK 6m in return for a 20% stake in Katshing Netsales AB, an internet company for mobile technology. The agreement stipulates that Ledstierna acquires 20% of the shares in Wazoo Holding...
SWEDEN - Norvestor-backed Life acquires Finnish health food chains
Norvestor-backed Life Europe AB, the health and lifestyle retailer, has acquired two of the largest Finnish health food chains Sinunkaupat Oy and Ikivireä-Vital OY. The combined entities will have a 25% market share in Finland with 120 shops and annual...
UK/GERMANY - General Atlantic announces promotions
General Atlantic has announced the promotions of Oliver Thum to managing director and Jan-Daniel Neumann to principal in DУМsseldorf. In London, Gabriel Caillaux and Jan Hammer have been elected to the position of principal.
FRANCE - Banque de Vizille invests in Dorthz
CIC Banque de Vizille has acquired 20% of Dorthz, a newly-created group comprising building materials manufacturer Eurodorthz and retailer CFC.
UK - Scottish and Southern Energy invests £2.7m InSource Energy
SSE Venture Capital Ltd, Scottish and Southern Energy's new corporate venturing vehicle, has invested ТЃ2.7m and acquired a 40% stake in InSource Energy, a bio-waste-to-energy business created by the Carbon Trust.