Industrials
Chequers sells Cordenka to new Chinese fund
BMC Europe Fund I was launched earlier this year with $480m, and marks its first deal with Cordenka
SGCP et al. back Milexia
SocGen Capital Partenaires, BPI France, Isatis Capital all acquire minority stakes
Wise-backed Tatuus bolts on Breda Racing
GP plans to boost the two companies' internationalisation and achieve strong operational synergies
Quadriga sells Alicona Imaging to Bruker
German GP sells the measuring technology company to a US trade buyer three years after investing
Cairngorm buys Arnold Laver, creates National Timber Group
Deal is the fourth acquisition in the GP's UK timber market consolidation strategy
Montagu buys Kodak's flexographic packaging arm for <$390m
Deal represents Montagu's first US investment, according to the UK-based GP's website
ETF Partners et al. back Phenix
GPs invest €15m in France-based Phenix, a company that helps businesses reduce waste
IK Investment Partners buys 2Connect
GP is investing via its IK Small Cap II Fund, which held a final close on €550m in February 2018
Tesi, Partnera buy Uusioaines
Tesi and the company's managing director, Jussi Parkkali, will both hold minority positions
BGF-backed RSK bolts on CAN
Deal for the structural engineering business comes two years after BGF's initial investment
Capricorn and Particon invest €5m in Black Bear
VC firms join a consortium including Social Impact Ventures, 5Square and Chemelot Ventures
Gilde Buyout's Esdec bolts on EcoFaste,
In March, Dutch GP Gilde bought Netherlands-based Esdec from Holland Venture and Dolfin Capital
NB Renaissance Partners' Comelz bolts on Camoga
Following the acquisition, Comelz expects to reach EBITDA of €30m from revenues of €75m in 2018
Bain in exclusive talks to buy BWA Water additives
Sale of Manchester-based chemicals company BWA was embarked upon in early May 2018
BPI France backs Groupe Environnement Recycling
Transaction is the first investment of FIEE fund, launched in 2017 with a €100m target
Jet closes second fund on CZK 4bn
Jet II is the largest private equity fund in the Czech Republic that is open to international LPs
SEP sells Indigo Pipelines to Arjun
Divestment of the gas distribution network comes four years after SEP bought the business for ТЃ52.7m
Agilitas-backed Reconor buys Hedegaard Miljø
Selling shareholder Kim Hedegaard Nielsen will take on responsibility for Reconor international
One Equity Partners buys Alltub in SBO
GP buys Netherlands-based packaging specialist Alltub to support its growth via acquisitions
BC Partners' Cigierre bolts on Pony Zero
Company will use the fresh capital to expand its service offering and enlarge its customer base
Siparex sells Flip to trade
GP sells manufacturer of custom roller shutters Flip to ICG-backed Stella Group
Total Capital Partners backs winter services firm Gritit
Total Capital's acquisition of a minority stake was financed by a combination of equity and debt
Patrimonium PE sells CCS Group to trade
Swiitzerland-based CCS Group is the last portfolio company of the CHF 100m ZM Opportunity II vehicle
Solix buys Wärtsilä
Carved-out pumps division generated sales of тЌ50m in 2017 and employs 230 people