Industrials
Investindustrial invites six advisers to pitch for CEME auction
Sale of CEME, a manufacturer of fluid-control systems, is expected to start in the first quarter of 2022
Lone Star to exit MBCC in EUR 5.2bn deal
Lone Star bought construction chemicals business of BASF, now renamed as MBCC, less than two years ago
Adelis III holds EUR 932m final close
Stockholm-headquartered GP's predecessor fund held a final close in 2017 on EUR 600m
PE funds rework packaging investments around ESG concerns
Can private equity's decades-long love affair with the packaging industry last?
LBO France secures Alliance Marine takeover from Weinberg
Deal values the target at around EUR 200m (10x EBITDA), according to Capital Finance
Argos Wityu exits Olinn
GP formed the equipment leasing and management firm in 2018 via the merger of four companies
Italcer draws attention from Apollo Global and Lone Star
Sale process is expected to be launched within the next two weeks as teasers are largely ready
Auction for Carlyle's Saverglass called off – report
Rothschild-run process was launched earlier this year, with Towerbrook and ICG reportedly involved in earlier stages
ESG concerns limit bidders in LMB Aerospace sale
First-round bids for France-based LMB Aerospace were collected last week
Carton Pack attracts Chequers, Clessidra, A&M Capital Europe
21 Invest has hired Vitale&Co and William Blair to guide it in the sale
LBO France, PAI in second round for Alliance Marine
Alliance Marine went on a bolt-on shopping spree under Weinberg ownership
IK Partners buys Plastiflex
GP is investing via its EUR 1.2bn Small Cap III fund, which backs companies valued at EUR 15m-150m
Ambienta launches Nactarome sale, teasers out
Auction for the Italian ingredients producer was initally expected to be launched in early 2022
IK hires Lazard to advise on Linxis sale
IK acquired Linxis Group (then Breteche) from Cerea Partenaire, Capza and Equistone in July 2015
Advent's Rubix confirms intention to float
GP formed the industrial maintenance, repair and overhaul firm in 2017 by merging IPH and Brammer
Garnica sponsor ICG targets November for sale launch
Vendor has delayed the process in order to build up visibility on its 2021 results, one source says
Saverglass sale hits snag with remaining bidder Lone Star
future capex spend is a worry for bidders and lenders, sources say
Silverfleet puts Prefere Resins sale in motion
A process could launch with the circulation of a teaser towards the end of the quarter
Argos could revisit Fabbri Vignola sale in 12-18 months
Sponsor was met with unsatisfactory offers for the business in a sale process launched in May, sources say
Capiton invests in Solvis
GP is backing the heating systems firm via Capiton VI, which is on the road with a EUR 550m target
PAI leans towards US listing in dual-track for Refresco
Paris-headquartered PAI is close to appointing Rothschild to advise it on options
Ufenau on track for Q1 2022 fundraise
Switzerland-headquartered service-focused GP is planning to raise its seventh flagship fund
Synova backs National Education Group
Investment in the education-sector online training and development provider is the GPs sixth deal from Synova IV
Schenck Process owner Blackstone launches sale process
Sale could potentially generate as much as EUR 1.5bn in proceeds, sources say