Industrials
Aheim makes second exit in one month
Aheim Capital has sold its portfolio company Ecronova Polymer, reaping a 40% IRR and a 2.5x return on its original investment.
Sycamore Aviation lands £750,000 investment
Durham-based Sycamore Aviation has received a £750,000 cash injection from a syndicate of investors led by regional firm FW Capital.
PE-backed Grohe circled by trade players
Plumbing fixtures manufacturer Grohe, which is owned by Texas Pacific Group Capital (TPG) and CSFB Private Equity, has attracted bids from a number of international trade players in an auction that could see the company fetch up to €4bn, according to...
PAI partners’ Swissport to buy Servisair
PAI partners-owned Swissport is to wholly acquire UK-based aviation ground services provider Servisair.
Industries et Finances buys Gesop from BNP Paribas
Industries et Finances Partenaires has wholly acquired French firebreak solutions firm Gesop from BNP Paribas Développement in a management buyout.
CM-CIC, Seventure in €23m Global Bioenergies capital increase
Industrial biology company Global Bioenergies, listed on the NYSE Alternext Paris, has raised €23m through the placement of 927,419 new shares.
Omnes backs Eratome SBO
Omnes Capital has made a €15m capital injection into French refurbishment and construction firm Eratome, buying the asset from CM-CIC Capital Privé.
Siparex acquires Grontmij division for €71m
Private equity firm Siparex has acquired CEBTP, the French monitoring and testing business of Grontmij, for €71m.
Foresight backs Aerospace Tooling BIMBO
Foresight has invested £3.5m in the buy-in management buyout (BIMBO) of Scottish precision engineering company Aerospace Tooling.
EdRip backs DufyElec in SBO
Edmond de Rothschild Investment Partners (EdRip) has acquired a minority stake in DufyElec from the company’s private equity owner Naxicap Partners.
Cinven to relinquish control of Frans Bonhomme
Frans Bonhomme, a French plastic pipes specialist owned by Cinven, is reportedly about to be taken over by its creditors.
Permira casts its net for Ewos
Permira has joined Bain Capital and Altor in the bidding war for Norwegian fish farmer Cermaq’s fish feed division Ewos.
Towerbrook acquires majority stake in Metallum
Towerbrook Capital Partners has acquired a majority stake in Metallum Holding, a Luxembourg-domiciled metal refining and recycling company, from private equity firm Groupe Alpha.
Halder acquires Wback in MBO
Halder Beteiligungsberatung has backed the management buyout of German bun producer Wback.
CPE's Orège raises €20.1m in IPO
Orège, the French sludge treatment company backed by Climate Change Capital Private Equity (CPE) and Oraxys, has raised €20.1m in a flotation of 6.2 million new shares on the NYSE Euronext Paris, valuing the company at €57.7m.
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Enterprise Ventures fund backs Centaur
The North West Fund for Venture Capital, managed by Enterprise Ventures, has backed a £750,000 funding round for Centaur Technologies alongside the Lancashire Rosebud Fund.
Carlyle picks up Oaktree’s Chesapeake
Carlyle has acquired packaging company Chesapeake from Irving Place Capital and Oaktree Capital Management.
Nord Holding exits Goebel
Nord Holding has sold German paper manufacturing business Goebel Schneid-und Wickelsysteme (Goebel) to engineering group IMS Deltamatic.
Investec provides £110m debt package to Sun's Paragon
Investec Growth & Acquisition Finance has provided a £110m integrated debt facility to refinance the acquisition of Paragon Print & Packaging by Sun European Partners.
Maven injects £3.8m into Lambert Contracts
Maven Capital Partners has invested £3.8m in Paisley-based Lambert Contracts.
LDC backs £62m Angus Fire MBO
LDC’s Manchester office has supported the £62m management buyout of Angus Fire from NYSE-listed United Technology Corporation (UTC).
Arkex raises $15m from 4D Gea
Non-seismic geophysical imaging provider Arkex has raised $15m from 4D Global Energy Advisors (4D Gea).
Private equity's trepidation over European shale
The US shale gas revolution has transformed the county’s energy market, not only reducing imports but also significantly decreasing the cost of gas. This phenomenon has surely raised a few European investor eyebrows, wondering how to benefit from similar...