Industrials
ITALY - Clessidra backs acquisition of logistics player
Through its portfolio company Elia, buyout house Clessidra backed the acquisition of logistics business Ambrosetti Autologistic.
NL - HgCapital acquires Fabory for EUR 345m
HgCapital has acquired Fabory (formerly Borstlap Group), a distributor of industrial fastners, from AAC Capital Partners (formerly ABN AMRO Capital) in a deal which values the company at EUR 345m. Bank of Scotland provided a financing package to support...
UK - Pension Corporation makes play for telent Plc
Pension Corporation has made a 600p per share offer for telent, the only part of former industrial giant Marconi that remains independent. The deal represents a market capitalisation of ТЃ389m and has been recommended by telent's board. The trustees of...
FRANCE - European Capital invested EUR 22m in Global Design Technologies
European Capital has announced it provided a EUR 22m second-lien to back the $343m acquisition of Franco-American aerospace and power generation supplier Global Design Technologies by Bridgepoint.
UK - HgCapital strengthens renewable energy team
HgCapital has stengthened its renewable energy team with the appointment of Jean Perarnaud and Jens Thomassen as associate directors and the promotion of Emma Tinker and Rob deLazlo.
ITALY - KKR exits FL Selenia SpA in EUR 1bn deal
Kohlberg Kravis Roberts and Co (KKR) has wholly exited its stake in Selenia SpA, a producer of lubricants and functional oils, in a trade sale to Malaysian petrolium company PETRONAS in a deal which values the company at around EUR 1bn.
UK - Graphite backs gas portfolio company's £22m acquisition
Graphite Capital has backed the ТЃ22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the ТЃ30m BIMBO of Dominion in June 2007. Funding for the latest deal includes...
FRANCE - Argos Soditic acquires Orgasynth subsidiaries
Argos Soditic has completed the management buy-in of all of the five fine chemical and dye subsidiaries of industrial group Orgasynth.
NORWAY - Ferd could realise historic returns if Pronova Biocare is up for sale
Ferd Private Equity is reported to be in the process of putting Pronova Biocare up for sale. Ferd acquired the pharmaceutical company in Jannuary 2004 for NOK 530m. Artic Securities, the newly established Norwegian ivestment bank, has now valued the company...
FRANCE - European Capital announces Soflog-Telis deal
As exclusively reported in Unquote News on 16 July, European Capital has invested in industrial logistics business Soflog-Telis, alongside existing investor 3i.
DENMARK - Montagu-backed LOGSTORE enters joint venture
Montagu-backed LOGSTORE, has entered into an agreement with Empower, the Dubai-based cooling company to create UAE’s largest pre-insulated pipe factory. The joint company will be called Empower LOGSTORE.
SWITZERLAND – AFINUM buys Pinova AG
AFINUM Management GmbH has wholly acquired Pinova AG from its founders for an undisclosed amount. The institution made the investment through its fund AFINUM Fünfte Beteiligungsgesellschaft mbH & Co KG.
SWEDEN - Industrifonden invests SEK 2m in Senset
Industrifonden has invested SEK 2m in Senset, a Linköping-based company that is developing a new environmentally friendly measuring system for liquid analysis. Other investors included German venture Capital fund Rendera and industrial firm Wika.