Italy
Rhône Capital exits Milan-listed Unieuro
Total proceeds from Rhône Capital's investment in Unieuro amount to approximately €202m
HIG Capital-backed Cadica buys Scatolificio Giorgi
GP intends to pursue an intense aggregation strategy with further acquisitions across the sector
DeA Capital's Idea CCR II backs Pieralisi
Deal follows the acquisition of the company's bank debt by Idea CCR II in December 2017
PAI Partners to launch €600m mid-market fund
Vehicle will target companies based across Italy, Spain, Germany, France and the Benelux region
Fondo Agroalimentare Italiano exits Sfoglia Torino
First exit made by the fund, which closed on €55m in 2019 and has invested €33m so far
Augens, BMO-backed Impresa San Siro bolts on Serpi
GPs intend to pursue a buy-and-build strategy and create a platform in the funeral services sector
Eureka Venture launches maiden €50m VC fund
Fund follows several recent launches of early-stage-focused vehicles across southern Europe
Alto Partners exits Artebianca to trade
Alto is currently investing its fourth fund, which closed on its €210m hard-cap in April 2018
Mandarin's Neronobile acquires Daroma
Mandarin intends to further expand the business and create a platform across the Italian coffee sector
Argos Wityu's Fabbri bolts on Caveco
Fabbri intends to strengthen its market position in the tray sealing machinery segment
Ambienta's Aromata buys Nactis, creates flavourings group
New group will be rebranded as Nactarome and will further expand across the European food flavours market
DeA Capital buys machinery manufacturer Turatti
GP deploys capital from its €218m food- and agriculture-dedicated vehicle Idea Taste of Italy
NB Aurora backs pharma logistics specialist PHSE
With NB Aurora's support, PHSE intends to boost its growth both organically and via new acquisitions
Mandarin holds €173m interim close for third fund
MCP III has a €250m target and invests in export-orientated companies with EVs of €30-70m
DeA Capital exits Cartiere Pigna to trade
Sale ends a two-year holding period for the GP, which bought a stake in the company via Idea CCR I fund
Clessidra appoints L Catterton's Ottaviano as head of PE
Prior to joining Clessidra, Ottaviano worked at Mediobanca, Merrill Lynch and L Catterton Europe
Unigrains's FAI holds €55m final close
Fund is the first Italian vehicle launched by the French GP and is dedicated to the agri-food sector
One Equity Partners backs Nexion
GP intends to accelerate the company's organic growth and further boost its international expansion
Xenon acquires Koverlux from B4 Investimenti
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea
Made in Italy Fund holds €150m interim close
Fund is managed by Italian GP Quadrivio in partnership with Pambianco Strategie d'Impresa
Quadrivio buys natural cosmetics producer Rougj
GP intends to boost the company's international expansion, especially in the UK, Germany and Asia
Minority investing gains traction in southern Europe
Abundance of dry powder and expected downturn have pushed GPs towards experimenting with more diversified ways of deploying capital
TA-backed List acquires IT Software
List plans to broaden its product portfolio, boost its market position and expand internationally
Chequers Capital buys air conditioning specialist MTA
Management team reinvests alongside the GP and retains a minority stake in the business
