Industrials
SPAIN - Permira halts Dinosol sale
Permira has suspended the sale of supermarket chain Dinosol, according to Spanish press reports.
FRANCE - EdRIP backs MBO of ADF from Gaz de France
Edmond de Rothschild Investment Partners has backed the management buyout of industrial maintenance business ADF from parent company Gaz de France.
ITALY - Bocconi receives EUR 90k in Claudio Albonico's memory
A group of private equity players and industrials have contributed to a fund totalling EUR 90,000 destined to sponsor outstanding students of Bocconi University. The fund was set up in memory of Claudio Albonico, the late manager of Mid Equity Partners...
NORWAY - Ferd lists Pronova BioPharma with market-cap of NOK 6.9bn
Ferd Private Equity (FPE I) has listed Pronova BioPharma (previously Pronova Biocare), a Norwegian manufacturer of Omega-3 pharmaceutical products, on the Oslo Stock Exchange for an offer price of NOK 23 per share. The total offer size is NOK 2.7bn (including...
UK - ETF leads £5m investment in Perpetuum
Environmental Technologies Fund (ETF) has led a £5m series-B funding round in Perpetuum, a manufacturer of vibration energy harvesting devices.
UK/US - Denham Capital opens new London office
Denham Capital Management LP, a $2.3bn US private equity fund manager that focuses on energy and commodities, has announced the opening of a new European office in London.
FRANCE - Chequers and Pechel sell IT solutions business to TKH
Chequers Capital and Pechel Industries have realised their entire stake in CAE Groupe by selling the company to Amsterdam-listed TKH Group NV.
FRANCE - CIC LBO Partners buys into call centres
CIC LBO Partners has led a syndicate of investors backing the secondary buyout of call centres business Armatis.
UK - Mercia Fund leads investment into Warrick Effect Polymers
The Mercia Technology Seed Fund has led an investment in biopolymer company Warrick Effect Polymers (WEP).
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 £389m 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 £22m acquisition of Global Gas Supplies by Dominion Gas, an independent supplier of industrial gases to the offshore industry. Graphite supported the £30m 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.
SPAIN - Riverside Europe hires associate
Rafael Álvarez-Novoa is the latest hire of Riverside Europe's Madrid office.
FRANCE - Banque de Vizille backs Adetel build-up
CIC Banque de Vizille (CICBV) has invested EUR 800,000 in equity and EUR 2m in convertible bonds in a group comprising electronic industrial systems company Adeteal and CICBV portfolio company electronic small parts manufacturer ICRA.