Industrials
Cinven's Chryso bolts on Chemtec Admixtures
Chemtec Admixtures CEO James Grace will continue to run activities in Ireland
Aurica Capital invests in Winche
GP is deploying capital from its Aurica III fund, which held a €140m second close in April 2017
Abénex, Etoile ID buy Groupe ADF in SBO
Transaction sees CEO Marc Eliayan retain a stake in the business as Andera exits
Q Group holds €100m first close for Industry 4.0 fund
GP plans to hold a final close by the end of 2019 and make its first investment in the coming months
EQT-backed Saur increases stake in Emalsa
Acquisition was made by French water company Saur via its Spanish subsidiary Gestagua
Verdane exits JSB Group
Deal supports JSBтs corporate strategy by combining business activities to grow scale and resources
IK Investment Partners sells Transnorm to trade
Sale ends a four-year holding period for IK, which bought Transnorm from Equita Management
PE-backed Acces Industrie buys Matelev
Acces Industrie, of which Parquest Capital owns a majority stake, buys the equipment rental agency
BC Partners mulling Antelliq exit
BC Partners hires Rothschild and Goldman Sachs to advise on the sale of its majority stake
Star Capital sells Olivotto Glass to trade
Sale ends a seven-year holding period for Star, which acquired a 71.6% stake in Olivotto for €16.4m
Neuberger Berman, NB Aurora exit Mesgo
Hexpol also acquires a majority stake from company founder and CEO Francesco Caldara
ESO invests in Pyroguard
Financing is structured as a senior-secured loan note with additional equity participation
DBAG buys Kraft & Bauer from Invision
Fifth buyout from DBAG Fund VII, a €1bn buyout fund that hit its hard-cap in July 2016
Landmark backs single-asset secondaries for PAI's Perstorp
PAI has been invested in the speciality chemicals business, the last asset in PAI IV, since 2005
PHI Industrial exits Intimus
Sale ends a four-year holding period for PHI, which acquired the business via its second fund
New Science Ventures et al. inject €24m in Isorg
Previous and new investors back Isorg to support the commercialisation of its products
Capiton buys AEMTec for €86m
Purchase price amounts to €86m and will increase Exceet's net cash position to €105m
OpenGate sells Nakan to trade
Buyer Westlake Chemical Corporation is expected to pay around $265m in cash for the asset
Ardian backs Clever Age in OBO
Ardian acquired a minority stake in France-based Clever Age via a €2.5m investment in 2015
Verdane exits Scanacon to Alder
Deal marks the end of a six-year holding period for Verdane, which acquired Scanacon in 2012
Auctus buys Robert Bürkle from Nimbus
Sale ends a four-year holding period for Nimbus, which bought the firm from family owners
Equistone backs Wallenborn Transports MBO
GP invests in Luxembourg-based Wallenborn Transports while CEO retains a significant stake
Nixen sells Weave to trade in €120m deal
Nixen's Weave is wholly acquired by France-based OnePoint, a digital transformation service
HitecVision-backed Verus bolts on Cieco
Cieco was acquired using equity from HitecVision, Verus's cash reserves and extra debt from Nedbank