Industrials
SWEDEN - KTH and STING invest in fuel cell company
KTH Chalmers Capital and STING Capital have invested in fuel cell company myFC AB as part of a SEK 22m funding round, alongside the Sixth Swedish Pension Fund and business angels.
EUROPE - Permira hires new senior adviser
Permira has hired David Williams as a senior adviser in the industrial and product services sector.
GERMANY - Mantra invests in Arques
French investment firm Mantra is in the process of completing a deal to increase its stake in listed industrial holding Arques Industries.
EUROPE - Private equity attracted to logistics
According to a new study by PricewaterhouseCoopers, private equity buyers are increasingly targeting investments in the transport distribution and logistics sectors.
ITALY - Arca Impresa achieves 42% IRR from Garioni SBO
Arca Impresa Gestioni SGR has sold its majority stake in engineering business Garioni Naval in a secondary buyout to Cape-Natixis valued at approximately EUR 16m, achieving a 2.5x money multiple and a 42% IRR over the course of the investment.
GLOBAL - Permira appoints senior adviser
Permira has appointed David Williams, former CEO of SIG Plc, as senior adviser.
Greasing the wheels
Fund administration providers offer a compelling service but their low penetration of the market suggests they still have much work to do to convince private equity firms of their benefits. By Nathan Williams
SWITZERLAND - Capvis and HgCapital join forces on KVT
Capvis and HgCapital have agreed a co-investment in industrial parts company Koenig Verbindungstechnik AG (KVT).
DENMARK - Vækstfonden injects DKK 10m into SHARK
Government-backed Vækstfonden has invested DKK 10m into SHARK Solutions A/S, a windshield cleansing business.
GERMANY - TVM Capital sells DIREVO Biotech
TVM Capital has sold portfolio company DIREVO Biotech AG to Bayer HealthCare in an all cash deal valued at EUR 210m. DIREVO Industrial Biotechnology GmbH, a wholly owned subsidiary of DIREVO Biotech AG, is not subject to this transaction and has been...
GERMANY – GCI portfolio company files for insolvency
GCI Management portfolio industrial machinery company PFAFF Industrie Maschinen AG has officially filed for insolvency.
SPAIN - Hudson acquires Helium Energy
According to reports, US fund Hudson Clean Energy is on the verge of closing the acquisition of Helium Energy, the renewable energy division of industrial and services group Hemeretik.
DENMARK - Vækstfonden invests DKK 10m into Universal Robots
Vækstfonden, together with return investor Syddansk Innovation and management, has injected DKK 10m into Universal Robots, a Danish developer of flexible, low-cost robot arms.
UK - Barclays Ventures backs £10m JBM buyout
Barclays Ventures has supported the ТЃ10m buyout of aluminium and waste recycler JBM International, taking a minority stake in the business.
GERMANY - Auctus sells ZPF therm Maschinenbau
Auctus has sold 100% of its shares in ZPF therm Maschinenbau GmbH, a manufacturer of industrial furnaces and ancillary equipment for the aluminium-processing industry, to DZ Equity Partner GmbH.
FRANCE – Truffle supports EUR 1m Photon investment
Truffle Capital and EDF-Energies Nouvelles have invested EUR 1m into Photon Technologies, a solar installation company.
FINLAND - Ratos completes SEK 473m refinancing of GS-Hydro
Ratos has completed a SEK 473m recapitalisation of portfolio company GS-Hydro, a supplier of non-welded piping systems.
UK - CBPE backs £129m Warwick buyout
Close Brothers Private Equity (CBPE) has backed the ТЃ129m buyout of speciality chemicals business Warwick International from its US parent, Sequa Corp, which is owned by Carlyle Group.
GERMANY – Consortium backs TWK MBO
DZ Equity Partner and strategic investor addfinity industries GmbH & Co KG have backed a management buyout of TKW Technische Kunststoffteile und Werkzeugbau GmbH & Co KG, a provider of industrial plastic-injection moulding and multi-material components...
GERMANY/SWITZERLAND – Paine-backed Stabilus acquires LinRot
Paine & Partner portfolio company Stabilus GmbH, a manufacturer of gas springs and hydraulic vibration dampers, has acquired a majority stake in LinRot Holding AG, a developer and manufacturer of linear and rotational drive units.
SWEDEN - Segulah completes SEK 1.6bn take-private of Gunnebo
Segulah Stellata Holding AB, an investment vehicle managed by Segulah Advisor AB, has received acceptances representing more than 97% of shares and voting rights in Gunnebo Industrier AB for its SEK 1.62bn takeover offer and intends to initiate the compulsory...
FRANCE - AXA PE ups stake in Carbone Lorraine
AXA Private Equity has increased its holding in listed electrical and materials company Carbone Lorraine from 10.5% to 11.43%.
FRANCE - PAI-backed SPIE acquires Groupe Juret
PAI Partners portfolio company SPIE has acquired Groupe Juret, a provider of electrical solutions and air condition services.