Industrials
Agilitas buys TenCate Armor from Gilde's Royal TenCate
This is the sixth platform deal made by Agilitas via its second fund
HAL backs two Dutch greenhouse businesses
Dutch investment company secures 60% stake in Stolze and a 24% interest in Prins Group
Motion Equity to take Olmix private
GP intends to launch a voluntary offer with the aim of de-listing the company by the end of 2020
Castik acquires Customs Support Group from Mentha
Buyout is the first deal from Castik's second fund, which closed in October 2020 on €1.25bn
Seafort sells Noventiz Group to trade
Packaging and waste disposal compliance business was acquired by Seafort from Auctus in 2013
RCapital carves out TPG Engineering from TP Group
Acquisition complements other investments in the GP's portfolio
LDC backs Rhino Products MBO
Deal is led by the firm's Manchester team, and values the business at £36m
Carlyle acquires Flender from Siemens in €2bn deal
Sale of the drive technology unit saw interest from sponsors including CVC, Triton and Brookfield
Ace buys Astorg's Aries Alliance, injects €20m in new money
Deal is the first for the aerospace-focused Ace Aero Partenaires fund, which reached a €630m first close
Metrika buys detergent specialist Allegrini
This is the first deal made by Metrika's first fund, which has a €100m target and a €150m hard-cap
Egeria invests in Apoc Aviation
Deal is an exit for minority shareholder Antea, which invested in the company in 2015
Adiuva's Konzmann bolts on TCon, HSV
Rehms Building Technology has sold the businesses as part of its self-administration proceedings
Cornerstone Capital exits EppsteinFoils to trade
GP invested in the metal foils producer, then known as Stanniolfabrik Eppstein, in 2008
Abris exits locomotive leasing business Cargounit to Three Seas
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Cherry Bay backs Tecnomatic with €17.5m investment
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy
Vaaka Partners buys engineering firm A-Insinoorit
GP is deploying equity from its third buyout fund, which held a final close on €225m hard-cap in March 2017
Lincoln International hires Heuberger in JV&P team
Claire Heuberger will join the joint venture and partnering group, and will be based in Brussels
S-UBG buys minority stakes in Thermoglas, Glas Trienes
New managing director Mathias Schlatt will acquire the remaining shares in the companies
Mid Europa sells minority stake in listed Waberer's
Transaction also includes a call option for trade buyer Indotek for the GP's remaining 47.99% stake
Axcel acquires Ventab, Ventilationsprojekt, Installationsbolaget
New group has combined revenues of €87m and employs more than 300 staff
Naxicap's Alwitra to acquire Poland-based CB
According to a competition authority filing, Alwitra is to buy a majority stake in the business
Ardian sells Gantner to Alantra-backed Salto
Deal is financed with a €125m capital increase deployed by Alantra, alongside Sofina, Peninsula and Florac
Vam, Adon buy Sicurezza e Ambiente
Italian lenders Banco BPM and Illimity provide a debt package to support the transaction
Patrimonium acquires Roth Group in SBO from Equistone
Equistone acquired the Swiss fire protection and construction company from Ufenau in 2016