Industrials
NPM agrees deal for Punch Graphix
Belgian private equity firm NPM and Punch International, have agreed to the sale of Punch's subsidiary, Punch Graphix NV.
CapMan takes 74% stake in Lunawood
CapMan has acquired a majority stake in Lunawood, a producer of thermal wood. Following the transaction, Lunawood management will hold a 25% stake.
MTI leads £1.15m round in PowerOasis
High tech VC investor MTI Partners has committed ТЃ650,000 from its UMIP Premier Fund (UPF) as part of a ТЃ1.15m investment round in Swindon based, intelligent telecoms power solutions provider, PowerOasis.
Oaktree's Nordenia plans high-yield bond issue
Oaktree Capital Management's portfolio company Nordenia International AG is reported to plan a high-yield bond issue to pay a dividend to its owner.
NextStage exits interest in Groupe Gruau
NextStage has exited its investment in Groupe Gruau, a commercial vehicle converter, selling its stake back to Patrick Gruau and reaping a 2.36x multiple on its initial investment.
Eurazeo invest €50m in Fonroche
Eurazeo has invested €50m in Fonroche, a renewable energy company, as part of its new ‘Eurazeo Croissance’ strategy to commit €500m to French SMEs over the next five years.
Equita acquires Isolite Holding GmbH
Equita has acquired 100% of Isolite Holding GmbH from a private owner and Cornerstone Capital, which held 40% of the company.
Procuritas buys Waterjet Entreprenad
Procuritas Capital Investors has acquired Swedish provider of hydro demolition, concrete repair and industrial maintenance services, Waterjet Entreprenad.
123Venture and Solairedirect invest €8.5m in EthicOhm
123Venture and Solairedirect have provided their joint venture, solar energy company EthicOhm, with €8.5m of financing.
OpenGate acquires Kotka Mills
Global private equity investor OpenGate Capital has acquired the Kotka Mill division of Finnish wood and paper products manufacturer Stora Enso, for total consideration of up to тЌ24m in cash and earnouts.
Siparex et al in €2m round for Aztec
A group of investors including Rhône-Alpes Création, Expansinvest, Siparex et Haute Savoie Demain have injected €2m in Aztec.
CAPE-backed Chromavis acquires Durlin France
Cimino e Associati Private Equity (CAPE)-backed B2B cosmetics company Chromavis has wholly acquired Durlin France from de Bergerac NC (which is in turn state-owned via the Societe Nationale des Poudres et Explosives).
Procuritas acquires Gram Equipment AS
Procuritas Capital Investors (PCI) has acquired Danish-based supplier of advanced ice cream machines, Gram Equipment, for an undisclosed sum.
Viking and Investinor in NOK 86m round for ChapDrive
Viking Venture, Investinor and existing shareholders NorthZone Ventures, Hafslund Venture and Energy Capital Management (Statoil Venture) have participated in a NOK 86m round for wind turbine manufacturer ChapDrive.
The automotive sector: a stable proposition?
The news that beleaguered Stabilus has been taken over by Triton draws attention to the European automotive sector, which, for private equity, remains a dangerous proposition, according to insiders. Mareen Goebel reports.
Triton acquires Stabilus in debt-for-equity swap
Triton has become the new owner of Stabilus GmbH following a debt-for-equity swap.
Proventure et al in NOK 35m funding for Aptomar
Norwegian government-backed venture fund Investinor has contributed NOK 17.5m in a NOK 35m funding round for technology business Aptomar. Also participating were existing backers Statoil Venture and seed fund Proventure SEED.
Oaktree in talks with TPG over Nordenia
Oaktree Capital is believed to be in talks to sell its portfolio company Nordenia to TPG.
Gimv and Capricorn invest €24m in Punch Powertrain
Gimv and Capricorn have jointly invested €24m in automotive component manufacturer Punch Powertrain.
Sun European bids for Rio Tinto's Alcan Beauty
Private equity investor Sun European Partners has made a binding offer to acquire Alcan Beauty Packaging from Rio Tinto.
Norvestor invests in Advantec
Norwegian private equity firm Norvestor has invested in oil service company Advantec.
Herkules acquires New Store Europe
Norwegian buyout house Herkules Capital has acquired New Store Europe, a shop interior company.
BPE's Hornschuch acquires O'Sullivan Films
Barclays Private Equity (BPE) portfolio company Hornschuch has acquired US-based O’Sullivan Films Inc.
BC Partner raises €748m in Brenntag IPO
BC Partner has listed chemicals distributor Brenntag on the Frankfurt Stock Exchange, raising €747.5m.