Industrials
Adelis closes fund and acquires Logent
Adelis has agreed to acquire Logent, a Nordic logistics services provider, alongside the company’s existing management shortly after closing its maiden fund on €420m.
ECI sparks Harvard Engineering deal
ECI Partners has acquired a minority stake in Harvard Engineering, a developer of control systems for the lighting industry.
KKR to reap up to €564m in Tarkett IPO
French flooring and sports surface maker Tarkett, backed by KKR, has set an indicative price range of €27.75-33.90 for its upcoming IPO on the NYSE Euronext Paris.
Equistone makes 2.5x on sale of Allied Glass to CBPE
Equistone Partners Europe has sold Allied Glass back to previous owner CBPE Capital in a deal understood to be worth between £120-130m, generating a money multiple in excess of 2.5x.
DirectPhotonics raises €3.3m in second venture round
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft (DEWB), Falk Strascheg Holding and IBB Beteiligungsgesellschaft (IBB) have backed laser solutions provider DirectPhotonics Industries with €3.3m.
CGS Management sells Schöttli to Husky
CGS has sold injection mould maker Schöttli to injection moulding equipment manufacturer Husky Injection Molding System.
AEA Investors buys Siemens' water technology division
AEA Investors has acquired the Siemens subsidiary Business Unit Siemens Water Technologies (BUSWT) for €640m.
Nordwind sells SHW stake
Nordwind Capital has sold its remaining 58% stake in listed German automotive supplier SHW for €132.6m, according to reports.
Seraphim et al. back Pyreos
Seraphim Capital, Robert Bosch Venture Capital (RBVC), the Scottish Investment Bank (SIB) and Siemens Technology Accelerator (STA) have invested $4m in Scotland-based Pyreos.
3i acquires Allianz's Scandlines stake
3i Group has agreed to acquire co-investor Allianz Capital Partners’ stake in ferry operator Scandlines.
Nord II’s Rapp Marine adds on Statech
Nord Kapitalforvaltning’s portfolio company Rapp Marine has wholly acquired Statech, a Norwegian design and engineering company for the oil and gas industry.
Insignia raises £865,000 from Equity Gap et al.
Smart packaging company Insignia Technologies has received £865,000 in a transaction led by Equity Gap.
Blackstone and N+1 Mercapital sell Mivisa for €1.2bn
Blackstone and N+1 Mercapital have sold tinplate packaging manufacturer Mivisa to Crown Holdings in a €1.2bn transaction.
OEP's Constantia Flexibles confirms IPO
Austrian packaging manufacturer Constantia Flexibles, backed by One Equity Partners (OEP), has confirmed plans to float before year-end.
Private equity firm circling Hes Beheer
Dutch stevedoring and inland shipping group Hes Beheer has stated that it is currently in talks with a private equity firm, or the portfolio company of a private equity firm, regarding a potential take-private deal.
Wendel-backed Stahl to take over Clariant subsidiary
Chemicals producer Stahl, backed by listed investment holding Wendel, has entered talks to acquire the leather services business of Clariant for CHF 85m.
Dinamia sells Nicolás Correa on secondary market
Listed private equity fund Dinamia, managed by N+1 Mercapital, has sold its stake in Nicolás Correa, a listed manufacturer of milling machines, through the sale of shares on the continuous market.
Enterprise Ventures backs ChargePoint with £1.625m
Enterprise Ventures has committed £1.625m to Merseyside-based ChargePoint Technology, a manufacturer of precision containment valves.
Ergon’s Nicotra-Gebhardt secures €115m refinancing
Ergon Capital-backed Nicotra-Gebhardt has secured €115m of senior unitranche facilities to refinance existing debt and support its acquisition of Industrie CBI.
RDIF et al. invest in Alrosa IPO
The Russian Direct Investment Fund (RDIF) has backed the IPO of Alrosa, a diamond sourcing company, which listed on Moscow exchange subsidiary CJSC MICEX Stock Exchange, valuing the company at $8.135bn.
Riverstone energy fund IPO raises £760m
Riverstone Holdings listed its new energy fund Riverstone Energy Limited (REL) on the London Stock Exchange on Thursday, raising £760.3m.
KKR’s ATU receives $25m and nears debt restructuring
KKR’s problem child Auto-Teile Unger (ATU) has entered an agreement with creditors in order to reduce its debt and receive a $25m liquidity injection.
BWK sells 20% Bizerba stake in owner buy-back
BWK Unternehmensbeteiligungsgesellschaft has sold its minority stake in food-processing equipment manufacturer Bizerba back to the firm's founders.
Perusa acquires décor and abrasive paper divisions from Ahlstrom
Perusa has bought the pre-impregnated décor papers and abrasive paper backings subsidiaries from fibre-based materials company Ahlstrom for €20m.