Buy-in/Buyout
Vespa Capital backs MBO of SDS
Vespa Capital has staged a management buyout of SDS, a company focused on the production of spare parts for the household good sector. Debt for the transaction was provided by Crédit du Nord, LCL and CCSO.
EdRIP purchase 25% holding in Geotec
Edmond de Rothschild Investment Partners (EdRIP) has acquired a 25% stake in Geotec Group, an industrial services company, in an OBO deal.
Siemens aborts plans to sell hearing aids unit
According to reports, the sale of Siemens Audiologische Technik, the hearing aids business of Siemens AG has now definitely been cancelled.
AXA PE and PAI bidding for Shell's €1bn LPG division
AXA Private Equity and PAI Partners are among the bidders circling Royal Dutch Shell’s Liquefied Petroleum Gas (LPG) division, which price tag nears €1bn.
2010 buyout activity promising
Although volume and value buyout figures in France have dropped in 2009, the slight recovery seen in the last two quarters could mean that a recovery is underway. Francois Rowell reports.
BaltCap acquires Air Maintenance Estonia
BaltCap has acquired the aircraft maintenance, repair and overhaul company Air Maintenance Estonia (AME) from Scandinavian Airlines (SAS).