Industrials
ASC Investment acquires Radium Lampenwerk
Lighting company was sold as part of parent company Ledvance's strategic review of its portfolio
OpenGate-backed SMAC to sell Axter to trade
OpenGate last year carved out SMAC from French road construction company Colas
Sun Capital's Flabeg acquired by lender Cordet
Cordet Capital provided financing for the automotive glass parts supplier in 2016 and 2018
Investindustrial launches €600m China-Italy Fund
CIICF intends to support the expansion and development of Italian companies across the Chinese market
DBAG invests in Hausheld
Deutsche Beteiligungs AG has acquired a minority stake in the Germany-based smart meter company
Carlyle makes new offer for Officine Maccaferri
Restructuring plan includes the acquisition of all the shares of Maccaferri
Chiltern-backed Hanmere acquires Plasmech
Hanmere will continue to seek further acquisition opportunities following this transaction
Hermes Capital-backed Mattenbach buys FO Group
Switzerland-headquartered Hermes Capital Group acquired Mattenbach in November 2019
DPE's AWK Group buys Talos
Deutsche Private Equity bought a 55% stake in IT consultancy AWK in 2017 via its third flagship fund
Investindustrial, Black Diamond buy Hexion PSR for $425m
GPs intend to boost the company's growth and expansion, while further reducing its debt
DBAG partially realises investment in Pfaudler
Pfaudler's listed subsidiary, GMM Pfaudler, acquires an 80% stake in the business
Entangled, Capital Dynamics back SM Pack
GPs plan to support the company's growth both organically and via add-ons, while boosting its international expansion
Triton's AVS Verkehrssicherung bolts on SRV Verkehrstechnik
Traffic safety and management company has announced eight add-ons since Triton's 2017 investment
Nord Holding acquires Bock
Deal is a carve-out from Bock's listed owner, GEA Group, which acquired the company in 2011
Ergon's SVT Group buys Odice
Deal sees the fire protection products manufacturer expand in France and brings its turnover to €200m
LBO France's RG Safety buys Waterfire
Deal is the protective equipment producer's second add-on in Spain since the GP invested in 2017
Siparex, BPI France sell Duralex to trade
Firms invested in the business in 2015 alongside management, acquiring it from Initiative & Finance
Ibla Capital carves out oil & marine business unit of Manuli
GP intends to support the business by consolidating its market position and boosting its expansion
RDCP wholly acquires HVAC business Macair
Macair's management team will stay on with the company following the transaction
KKR's Hensoldt sets IPO share price at €12-16
KKR acquired the sensor producer in 2016 and the IPO is set to value the company at up to €2.61bn
Lafayette acquires PPM Pure Metals' Osterwieck site
Parent company PPM had filed for insolvency in May 2020 following restructuring proceedings
Astorg's Aries Group to offload two subsidiaries – reports
Beleaguered aerospace sub-contractor is looking to sell ACB and Dufieux, according to local reports
Corsair-backed Zedra buys Fitzgerald & Law
Deal is the fund services provider's third add-on of 2020; it is seeking US and European add-ons
Yotta holds first close on €101m for Smart Industry Fund
Vehicle has a target of more than €120m and has received commitments from BPI France and EIF