Industrials
BPI France invests €1.5m in Sigmaphi
State-backed BPI France has injected €1.5m into Brittany-based Sigmaphi, a specialist manufacturer of electro-magnets and particle beam transport lines for particle accelerators.
Carlyle buys Klenk Holz
Carlyle has acquired German wood products manufacturer Klenk Holz from a group of German banks.
Verdane sells SmartMotor to Rolls-Royce
Verdane Capital has sold Norwegian technology company SmartMotor to Rolls-Royce Marine, divesting the asset from Verdane Capital V.
Sentica’s Citec in new bolt-on
Sentica Partners portfolio company Citec has acquired Norwegian oil and gas company M7 Offshore.
Doughty Hanson divests Avanza Group
Doughty Hanson has sold Avanza Group, a Spanish bus and bus stations operator, to Mexican transportation firm Grupo ADO.
PE-backed McCarthy & Stone in refinancing
Retirement home developer McCarthy & Stone – which is backed by a consortium of investors believed to include Goldman Sachs, TPG and Alchemy Partners – has refinanced its existing debt.
BGF-backed SHS bolts on Dixon Pentland
Swanbridge Hire & Sales Integrated Services (SHS), a portfolio company of the Business Growth Fund (BGF), has acquired UK-based Dixon Pentland Scaffolding for approximately £2m.
Sector focus: can UK manufacturing catch up with Germany?
Germany has long set the standard for manufacturing in Europe but, as the continent picks itself up from the financial downturn, does the UK have the potential to knock Germany off its top spot? Alice Murray investigates
Triton buys Alpine-Energie
Triton has wholly acquired Austrian energy firm Alpine-Energie Holding from Spanish group Fomento de Construcciones y Contratas (FCC).
PMV backs Rapidfit
PMV has backed Rapidfit, a Belgium-based 3D printing specialist for the automotive industry, with a combination of equity and a subordinated loan.
Finatem buys 40% stake in FMW Industrieanlagenbau
Finatem has bought a 40% stake in FMW, an Austrian manufacturer of industrial plants, from private equity house Hannover Finanz and FMW’s management.
Index invests in TheFamily
Index Ventures has backed TheFamily, a Paris-based start-up accelerator.
Sector focus: oil & gas still draws PE interest
To kick-start our new sector focus series, Ellie Pullen looks at private equity’s turbulent relationship with the oil and gas sector, and how events such as the Deepwater Horizon spill in 2010 have shaped investments in this space
Consortium backs Organica Water
A consortium of new and existing backers has invested in Budapest-based Organica Water, a wastewater treatment and recycling company.
Eurazeo et al sell more Rexel shares for €525m
Rexel shareholders, including Eurazeo, have divested a further 28.8 million shares, approximately equivalent to a 10% stake, for €525m.
Terra Firma sells Phoenix to Hastings
Terra Firma has wholly divested Phoenix Natural Gas, a Northern Irish natural gas distribution and energy services company, to infrastructure fund manager Hastings.
Investec funds 2M’s acquisition of ChlorVinyls arm
Investec Growth and Acquisition Finance has provided follow-on funding to client 2M Group for the acquisition of the packed chlorine branch of ChlorVinyls.
Equita sells Karl Eugen Fischer to Equistone
Equita has sold its majority stake in Karl Eugen Fischer (KEF), a German provider of cutting systems for tyres, to fellow private equity house Equistone Partners Europe.
Activa buys majority stake in listed Nexeya
Activa Capital has acquired a 57.9% stake in NYSE Euronext-listed Nexeya, alongside BPI France Investissement, and launched an offer for the remainder of the shares.
Italian VCs inject €2m into Personal Factory
IMI Fondi Chiusi has joined existing backers Vertis and Fondamenta in a €2m round for building materials company Personal Factory.
IK acquires Ampelmann
IK Investment Partners has bought a majority stake in Netherlands-based Ampelmann, a provider of motion technology systems and structures for the offshore energy sector.
MML Capital exits Clyde Bergemann
MML Capital Partners (MML) has sold its minority stake in Clyde Bergemann, a global provider of energy services.
Ambienta sells Tower Light
Italian environmental investor Ambienta has sold lighting tower producer Tower Light to listed US-based generator manufacturer Generac.
Perusa exits Kammann Maschinenbau in trade sale
Perusa has sold its 85% stake in printing services supplier Kammann Maschinenbau to corporation Koenig & Bauer.