Industrials
OpenGate to buy Solvay subsidiaries in Europe and US
Solvay sold its Belgium-based strontium carbonate production unit to Latour Capital in November 2020
Equistone in talks to buy Ligentia
Sale process of the privately held company was launched in September, with Rothschild advising
Evoco carves out six industrial companies from Gesco
GP is deploying equity from its third fund, Evoco TSE III, which held a first close in June 2020 on €93m and is targeting €150m
Latour sells Nextpool to B&Capital-led consortium
GP sells its stake six years after acquiring it via Latour Capital I in December 2014
Triton announces merger of AVS, Chevron, Fero and Ramudden
Merger of Triton's four traffic services portfolio companies follows a refi earlier in December
Mutares to acquire Primetals Technologies France
Deal will see the business carved out from its parent company on expected completion in February 2021
Auctus acquires Energiekonzepte Mitteldeutschland
Solar panel installation business intends to pursue a buy-and-build strategy in the German market
Gyrus completes recap for DuPont Sustainable Solutions
First realisation since the GP's establishment in 2018 sees a 60% return on invested capital for investors
German government acquires 25% stake in KKR's Hensoldt
KKR is to own a 43% stake in the defence and security sensor company, which listed in September 2020
21 Invest buys Aussafer Due
GP plans to strengthen the company's market position across Italy while expanding its international presence
MB Funds to sell Kotkamills to trade
Sale comes five years after an MB Funds-led consortium acquired the company from Opengate Capital
SK Capital to buy Ipackchem from Sagard
Sale ends a holding period of around four years for Sagard, which bought Ipackchem from Céréa and BPI France
KKR's Unzer buys Lavego
Unzer, formerly known as Heidelpay, was acquired by KKR in a €750m SBO from AnaCap in 2019
PE-backed Navico divests C-Map Commercial
Divestment will allow Navico to focus on its core business
Lakestar leads €75m round for Isar Aerospace
Micro-satellite launch developer also backed by investors including Earlybird and UVC Partners
Castik sells Acrotec to Carlyle
Precision parts producer was valued at CHF 280m when it was acquired by Castik in 2016
Investindustrial to take control of Guala
Investindustrial plans to launch a full takeover offer for Guala, at €8.20 per share
ArchiMed's Bomi bolts on Florence Shipping
Third add-on inked by Bomi, following its acquisition of Logifarma and its purchase of ILS
EQT acquires 30% stake in listed company Beijer Ref
GP buys $1.1bn stake from air conditioner manufacturer Carrier Global Corporation
VCs in CHF 20m funding round for H55
New investor Tippet Venture Partners leads the round alongside existing investor ND Capital
EQT sells Apleona to PAI for €1.6bn
Deal is PAI's first in the DACH region since appointing Ralph Heuwing as partner and head of DACH
Bain's Fedrigoni buys Industrial Papelera Venus
This is the third add-on inked by Fedrigoni, following its acquisition of Cordenons and its purchase of Ritrama
Mutares-backed Balcke-Dürr sells Rothemühle to trade
Industrial energy efficiency equipment producer sold its Poland-based operations in April 2020
EQT-backed Recover bolts-on SWE Skadeteknikgruppen
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT