Belgium
Bayside and LBO France inject fresh money into Consolis
Bayside Capital and owner LBO France have respectively injected €45m of new debt and an equal amount of fresh equity into the refinancing of Belgian concrete manufacturer Consolis.
Cardio3 raises €19m in new funding round
Belgian biopharmaceutical company Cardio3 Biosciences has completed a funding round that saw previous investors inject €7m in new equity alongside the conversion of €12m in existing convertible loans.
Fortis PE and Next Invest sell Arets to Toyo Ink for €10m
Fortis Private Equity and asset manager Next Invest have sold their joint 100% stake in Belgian ink manufacturer Arets International to Japanese ink company Toyo Ink Group for €10m.
CVC to list shares in bpost
CVC Capital Partners plans to list its shares in Belgian postal service bpost on the stock market and has already appointed banks to coordinate the sale, according to reports.
Benelux unquote" April 2013
Exits have dominated the Benelux market in the past month, but the disposals were not all good news for private equity in the region.
Benelux spirits lifted as exits rise
Benelux exits
Gimv's Verbinnen winds up
Gimv-backed Belgian food processing business Verbinnen Poultry Group has filed a petition to wind up on 25 February 2013 after failing to find a buyer.
Benelux unquote" March 2013
Banks in the Benelux are undergoing a major reshuffle, as those bailed out during the financial crisis seek to offload surplus assets, resulting in a boom for the secondaries market.
EQT appoints Nieuwenburg as new Benelux head
EQT Partners has appointed Kristiaan Nieuwenburg as partner and head of its Benelux operations.
Montagu Private Equity sells ADB to PAI partners
Montagu Private Equity has sold Belgian airport lighting specialist ADB Solutions to PAI partners.
Gimv launches Health & Care Fund
Gimv has launched a new €200m fund focused on healthcare and medical technology investments.
Apollo's Taminco considers IPO in US
Apollo Global Management portfolio company Taminco Global Chemical, a Belgian chemical business, is understood to be considering a US flotation.
Arle's Innovia acquires additional 50% in Securency
Arle Capital Partners' UK chemical company Innovia Films has acquired the remaining 50% stake in joint venture Securency International from the Reserve Bank of Australia (RBA).
Gimv et al. invest €5.5m in pharma company Multiplicom
Gimv and regional Belgian players have invested €5.5m in Antwerp-based biotechnology company Multiplicom NV.
Benelux unquote" February 2013
The Dutch venture capital industry has suffered a lot in the past couple of years. While the country’s early-stage sector was growing until 2008, it collapsed entirely in 2009. Since then, dealflow has been slow. According to unquote” data, Dutch venture...
Summit Partners sells Ogone to Ingenico for €360m
Summit Partners has exited Belgian payment solutions provider Ogone in a €360m trade sale to listed company Ingenico.
Nausicaa Ventures et al. invest €7.7m in Bone Therapeutics
Existing investors and two new regional backers have committed €7.7m to Belgian pharmaceuticals company Bone Therapeutics.
Indufin takes 40% stake in SecureLink
Indufin has acquired a 40% stake in Belgian IT networking and security solutions provider SecureLink.
Gimv et al. invest €5m in biotech startup AgroSavfe
Gimv has led a €5m investment in Belgian green crop protection products business AgroSavfe, alongside regional funds PMV, Sofi, QBIC and VIB.
Dutch GPs eye Belgian printing company Xeikon
Gilde and Waterland Private Equity are said to be circling Belgian digital printing company Xeikon, according to local press.
Holiday deals round-up
European private equity saw an exceptionally busy Christmas period this year, with many investors wrapping up deals right at the end of 2012. Here’s a round-up of all the events of the last two weeks.
GCS Capital buys Dexia Asset Management
Hong Kong-based GCS Capital has acquired Dexia Asset Management (DAM) from its parent company Dexia SA.
Benelux unquote" December 2012/January 2013
Gimv leads the region’s transactions league table, having completed six deals to date in 2012. The firm’s largest investment was the January PIPE deal with frozen food producer PinguinLutosa, worth €44m.