Industrials
Sponsor Capital backs Espotel
Sponsor Capital Oy and Espotel’s management have wholly acquired Espotel Oy, a Finnish provider of R&D services for embedded systems development.
Pirelli chairman strengthens grip on company with Clessidra backing
Italian GP Clessidra has joined forces with Intesa Sanpaolo and Unicredit to back Marco Tronchetti Provera, chairman of tyremaker Pirelli, in the acquisition of further shares in the company.
LDC backs Rimor MBO
LDC has supported the management buyout of subsea oil and gas manufacturing and engineering services firm Rimor.
LDC returns to MB Aerospace
Despite exiting MB Aerospace three months ago, LDC, alongside new owner Arlington Capital Partners, has reinvested in the aerospace engineering group to support its acquisition of Delta Industries.
Saudi Aramco Energy Ventures invests in ZiLift
Saudi Aramco Energy Ventures (SAEV) has invested in ZiLift, a developer of artificial lift systems.
Aksìa sells Plastiape for €71m
Italian GP Aksìa Group has fully exited packaging solutions firm Plastiape Group, selling the company to PM & Partners for an enterprise value of €71m (around 7x EBITDA).
Emerald Technology Ventures et al. back MetGen
Emerald Technology Ventures and several other backers have invested in a series-A financing round for MetGen Oy, a Finnish industrial biotech company.
Industrifonden and Innogy invest in Mantex
Industrifonden and Innogy Ventures have invested SEK 30m in Mantex, a moisture measurement technology company.
Weinberg Capital Partners acquires CMFT
Weinberg Capital Partners-backed Climater has acquired Bordeaux-based group CMFT Heating, a company specialised in industrial heating, ventilation, and air conditioning (HVAC).
Private equity backers sell further 10% Rexel stake for €500m
The backers of electrical equipment supplier Rexel have offloaded a further 10% stake in the company for €500m, following up on a previous partial exit in February.
Rutland picks up Equistone’s AFI-Uplift
Equistone Partners Europe has offloaded AFI-Uplift to Rutland Partners in a deal that combines three companies for a total enterprise value of around £85m.
Zurmont Madison et al. take majority stake in Schaetti
Zurmont Madison and co-investors have acquired a majority stake in Swiss technology company Schaetti Holding AG.
Nazca buys Agromillora
Nazca Capital has acquired Spanish plant propagation firm Agromillora.
Ratos acquires majority stake in Hent for NOK 310m
Ratos has agreed to acquire close to 73% of Norwegian construction company Hent for NOK 310m.
Mid Europa acquires Polish Cable Railways for PLN 215m
Mid Europa Partners has wholly acquired Polish Cable Railways (PKL), Poland’s oldest cable car provider, from the state-owned Polish State Railways (PKP) group for PLN 215m.
Ace invests €8m in Asquini-Sofop Aero
Ace Management has made an €8m investment to back the merger of French aerospace parts manufacturers Asquini and Sofop.
NPM buys 25% of FibreMax
NPM Capital has acquired a 25% stake in Dutch lightweight precision cable manufacturer FibreMax.
Cross Equity Partners divests Schwab
Swiss GP Cross Equity Partners has sold its majority stake in shock absorption systems firm Schwab Verkehrstechnik AG to Parisian rail systems company Faveley.
Idinvest backs Forsee Power Solutions
Idinvest Partners has provided growth capital to rechargeable industry-grade battery specialist Forsee Power Solutions.
Bayside and LBO France inject fresh money into Consolis
Bayside Capital and owner LBO France have respectively injected €45m of new debt and an equal amount of fresh equity into the refinancing of Belgian concrete manufacturer Consolis.
Arkea Capital and SGCP buy 20% of Piriou
Arkea Capital Investissement and Société Générale Capital Partenaires (SGCP) have each acquired a 10% stake in French ship builder Piriou from Jaccar Holdings.
Dubai International’s Mauser extends 96% of debt
German industrial packaging manufacturer Mauser, which is owned by Dubai International Capital, has extended the maturities of 96% of its €695m senior debt, revolver and acquisition facilities.
3i sells HTC Sweden to Polaris Private Equity
3i has sold its 36.5% stake in flooring solutions manufacturer HTC Sweden to Polaris Private Equity.
LDC sells Eve Trakway to Ashtead
LDC has sold temporary traffic systems and management supplier Eve Trakway to rental equipment provider Ashtead Group plc for £28m, a 2.5x multiple on the firm’s original investment.