Industrials
ITALY - Aletti sells Lovato Gas for EUR 63m
Aletti Private Equity has sold industrial manufacturer Lovato Gas (formerly Officine Lovato) to sector rival Landi Renzo, in a deal that values the company at EUR 63m.
GERMANY – IK-backed Schenck Process acquires Screenex
Measuring and process equipment maufacturer Schenck Process, which is backed by IK Investment Partners, has completed the acquisition of Australian company Screenex, a manufacturer of poly and rubber screening media/panels.
FRANCE - CAPE acquires Sepchat and Ludovic Le Gall
Crédit Agricole Private Equity (CAPE), through CACI 3, has completed the dual acquisition of recycling businesses Sepchat and Ludovic. The companies will be merged into a single entity, in which CAPE will hold a 60% stake.
SPAIN - Talde looking to sell Oscainox
According to rumours, Grupo Talde has entered negotiations regarding the sale of industrial group Oscainox to a strategic player.
GERMANY – Riverside exits Richter Chemie-Technik
The Riverside Company has fully exited its stake in Richter Chemie-Technik GmbH, a supplier of pumps, valves, controls and related services to selected segments of the chemical and pharmaceutical industries, in a trade sale to IDEX Corporation.
UK - Phoenix hires investment manager
Phoenix Equity Partners has hired Clarissa Beresford as investment manager.
UK - European Capital exits Avery
European Capital has fully exited its stake in Avery Weigh-Tronix, a manufacturer of industrial weighing products and systems, in a trade sale to Illinois Tool Works Inc. The value of the deal was undisclosed, but it equated to a finalised IRR over the...
GERMANY - Süddeutsche Beteiligung acquires Schwäbische
Die Süddeutsche Beteiligung GmbH has acquired Schwäbische Werkzeugmaschinen GmbH from EMAG Holding GmbH for an undisclosed sum. EMAG will continue to hold a 30% stake.
FRANCE - Crédit Agricole invests EUR 4m into Urbasolar
Crédit Agricole Private Equity, via its fund Capenergie FCPR, has invested EUR 4m into photovoltaic business Urbasolar.
UK - Barclays Ventures invests £5.5m into AWS Group
Barclays Ventures has completed an investment of £5.5m into AWS Group, a provider of specialist electronic manufacturing services, alongside a banking package from Yorkshire Bank.
GERMANY - Odewald & Compagnie sells Zehnacker Group
Odewald & Compagnie has fully exited its stake in facility management company Zehnacker Group in a trade sale to listed French company Sodexo.
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.