Industrials
Priveq acquires stake in El-Björn
Priveq Investment has acquired a 70% stake in El-Björn AB, a Swedish supplier of equipment for the construction and electricity sector.
IK-owned Moventas files for bankruptcy
IK Investment Partners' portfolio company Moventas Oy, a Finnish manufacturer of gears for wind turbines, has filed for bankruptcy.
Axcel acquires Cimbria from EQT
Axcel has acquired Cimbria AS, an equipment producer for the processing, handling and storage of crops, from EQT Opportunity and other shareholders.
AC Desarrollo acquires 21% of Postigo
AC Desarrollo, the private equity arm of banking group Ahorro Corporación, has acquired a 21.28% stake in Spanish road safety firm Grupo Postigo via a capital increase.
PAI sells SPIE in €2.1bn SBO
A private equity consortium led by Clayton Dubilier & Rice (CD&R) has acquired French engineering group SPIE from PAI partners for a total consideration of €2.1bn.
CapMan invests in B&B Tools
CapMan has invested in Nordic industrial tools producer B&B Tools AB to hold 6% of the outstanding shares.
CVC to take Delachaux private for €1.08bn
CVC has agreed to acquire a stake in French industrial group Delachaux, with a view to delist the company at a later date.
PE firms team up for Spie auction
Axa Private Equity and Clayton Dubilier & Rice will make a joint bid for PAI's engineering company Spie, according to media reports.
Apollo offers €400m for Ascometal
US firm Apollo is looking to acquire French steel producer Ascometal from its parent company Lucchini, according to media reports.
CVC looking to float Evonik
CVC Capital Partners is planning to list chemical company Evonik on the Frankfurt stock exchange.
Carlyle and Advent considering HC Starck IPO
Carlyle and Advent International have appointed banks to investigate investor appetite ahead of a possible flotation of HC Starck.
Gala in talks to sell Núcleo
Gala Capital is in advanced talks with engineering group Duro Felgueras about a possible sale of its portfolio company Núcleo de Comunicaciones y Control.
Cinven-backed Avio to launch IPO
Italian aerospace engine maker Avio, a portfolio company of London-based private equity firm Cinven, is said to be keen to launch an initial public offering “as soon as possible”.
DZ Equity acquires WKF
DZ Equity Partner has acquired Austrian refrigerated warehouse operator Wiener Kühlhaus WKF from industrial holding company B&C and Dutch ProLogis European Developments.
Nordic Capital’s FinnvedenBulten IPO back on track
Nordic Capital has got its IPO plans back on track for Swedish auto parts manufacturer FinnvedenBulten.
Bancroft et al. sell Standard Profil
A consortium led by Bancroft Private Equity has fully exited its investment in Standard Profil, a Turkish rubber profile and weather-strip producer for the automotive industry, to Ruia Group.
Global Equity Partners exits Adcon
Global Equity Partners (GEP) has sold its 85% stake in telemetry specialist Adcon in a trade sale to Ott Hydromet.
I2BF et al back ACAL Energy with £4m
I2BF together with existing investors, including Carbon Trust Investment Partnership and the venture arm of industrial group Solvay, have invested in a £4m series-C round of funding in fuel cell business ACAL Energy Ltd.
AAC Capital Partners buys Desotec
AAC Capital Partners has acquired water-and air-purification company Desotec from the company’s founders.
Ratos-backed Inwido acquires Pro Tec Vinduer
Ratos’ portfolio company Inwido has acquired Danish window supplier Pro Tec Vinduer.
Emerald sells inge watertechnologies
Venture capital firm Emerald Technology Ventures has sold water treatment provider inge watertechnologies to chemical company BASF for an undisclosed amount.
KKR and Advent circling Lafarge gypsum arm
KKR and Advent are among the potential private equity buyers circling cement maker Lafarge's European gypsum division, according to media reports.
DBAG acquires Romaco
Private equity firm Deutsche Beteiligungs AG has backed the MBO of industrial machinery manufacturer Romaco group with €61m.
DBAG sells Preh
Private equity firm Deutsche Beteiligungs AG (DBAG) has sold automotive supplier Preh to US supplier Joyson Automotive Electronic Holding.