Belgium
PE-backed Savena and Sfinc to merge
Food ingredients manufacturers Savena (owned by IK Investment Partners) and Sfinc (owned by AXA Private Equity) have announced their merger.
Gimv increases majority stake in VCST
Gimv has acquired LRM's stake in VCST and increased its majority holding to 79.8% of the company.
Carlyle acquires The Sniffers
The Carlyle Group has acquired a majority stake in the Belgian emission monitoring company The Sniffers.
Apollo acquires Taminco for €1.1bn
Apollo Global Management has acquired chemical company Taminco from CVC for about €1.2bn.
Parcom backs MBO of STAR Group
Parcom Capital has acquired Dutch oil, gas and power service provider STAR with the company's management.
Benelux unquote” November/December 2011
Secondary buyouts will dominate the market for the foreseeable future, say 47% of respondents to a Grant Thornton survey. It is not surprising that volatile markets and a possible double-dip recession have had a notable impact on the private equity industry.
Bencis raises €408m for fourth buyout fund
Bencis Capital's latest fund has closed at €8m above target.
Lion Capital and NPM Capital merge portfolio brands
Private equity-backed foods brands Ad van Geloven and Royaan have announced plans to merge.
Benelux unquote” October 2011
After a promising start, buyout activity in Europe might slow down even further in the fourth quarter of 2011 and risks falling behind last year’s levels.
Agri Investment Fund CVBA invests in PinguinLutosa
Agri Investment Fund (AIF) has acquired KBC Private Equity’s stake in listed Belgian frozen vegetables specialist PinguinLutosa in a deal thought to be worth around €8.5m.
Gimv invests in Trustteam
Gimv has taken a majority stake in ICT service provider Trustteam.
Benelux unquote" September 2011
unquote” has learned that fund-of-funds Capital Dynamics has seen a number of departures recently, some of which stemmed from the recent closure of its Switzerland-focused investments in clean-tech.
Consortium invests €18m in Amakem
A consortium led by Forbion Capital Partners has invested €18m in Belgian biotechnology company Amakem.
IK sells Magotteaux for €550m, reaps 6x money
IK Investment Partners has sold Belgian industrial supplier Magotteaux to Chilean group Sigdo Koppers for €550m.
Benelux unquote" July/August 2011
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
Gimv backs XL Video with €19m
Gimv has invested €19m in technology company XL Video in return for a 47% stake.
Carlyle seeks assistance for RAC
Less than two months after signing the £1bn deal, Carlyle is reportedly looking to syndicate down equity in UK vehicle recovery business RAC to other investors.
Benelux unquote" June 2011
The auction process for Parcom Capital-owned ticketing company See Tickets has now reached a second round of bidding, according to media reports.
GE Capital appoints Ruud Kole
GE Capital has appointed Ruud Kole as executive director for the European leveraged finance unit and will be based in London.
Riverside's Karsten Langer becomes EVCA chairman
The general assembly of the European Venture Capital Association (EVCA) has elected Karsten Langer, partner of The Riverside Company, as its chairman for the year to June 2012.
Benelux unquote" May 2011
European mid-market investor ABN AMRO Capital (AAC) and the management of RP Holidays have sold their majority stake in the Dutch company to Gilde Buy Out Partners.
AAC Capital Partners buys Desotec
AAC Capital Partners has acquired water-and air-purification company Desotec from the company’s founders.
Gimv et al. back Multiplicom
Gimv, Biotechfonds Vlaanderen, VIB and the University of Antwerp have backed molecular diagnostics company Multiplicom with €2m.
Benelux unquote" April 2011
Alpha Private Equity and AlpInvest Partners have purchased Dutch optical retail chain Hans Anders from Gilde and Comnaar investments.