Poland
Mid Europa's PKL completes bolt-on
Polskie Koleje Linowe (PKL), a cable car and ski lift operator owned by Mid Europa Partners, has acquired ski lift business Kolej Gondolowa Jaworzyna Krynicka.
CEE tech investor 3TS hits €103m first close
Dedicated CEE-focused technology investor 3TS Capital Partners has reached a €103m first close for 3TS TCEE Fund III.
PE-backed Delicpol acquires Cuprod
PE-backed Polish confectionery business Delicpol has bought fellow Polish confectionery maker Cuprod with the support of Axa Private Equity and Resource Partners.
MCI backs Answear.com
MCI Management has invested in Polish online fashion retailer Answear.com in return for a minority stake.
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Tar Heel backs Rockfin in first investment from Fund II
Tar Heel Capital has acquired a 60% stake in Rockfin, a Polish supplier of hydraulic and pressure systems.
Mid Europa acquires Polish Cable Railways for PLN 215m
Mid Europa Partners has wholly acquired Polish Cable Railways (PKL), Poland’s oldest cable car provider, from the state-owned Polish State Railways (PKP) group for PLN 215m.
CEE: Under-marketed and overlooked?
Central & Eastern Europe is a strong performer over a 10-year investment horizon, but investors remain wary. Is it time to take another look at the region? Kimberly Romaine reports from Warsaw
Warburg Pincus buys stake in Inea
Global private equity firm Warburg Pincus has acquired a minority stake in Polish cable operator Inea SA.
Enterprise reaps 10x on Magellan
CEE investor Enterprise Investors makes 10x on share sale of Magellan, 10 years after backing the business. The returns come just a week after the GP made 9x on Kruk.
Enterprise makes 9x on Kruk
Central European investor Enterprise Investors has fully exited its investment in Kruk after a 10-year holding period.
CEE unquote” April 2013
It’s official: Central and Eastern Europe is unsexy. It is the least desirable geography for family offices to invest in, according to the Investec Family Office Intelligence Survey, an unquote" sister brand, conducted in March.
CEE private equity: undervalued?
CEE: undervalued?
Enterprise Investors backs Elemental Holding with €7m
Enterprise Investors has injected €7m into Polish specialist recycling company Elemental Holding in exchange for a 10.2% stake in the business.
Enterprise takes stake in Nu-Med
Enterprise Investors has backed Polish radiotherapy centre operator Nu-Med, taking a minority stake.
CEE unquote” March 2013
Around 10 years ago, when the first wave of CEE accession into the EU was ready to go, most observers noted that Brussels’ assurances to Istanbul about eventual membership were empty and simply an effort to keep the Muslim country on a short leash.
Innova sells Donako to Rudolf Weinberger Holding
Innova Capital and co-owner Zeleznik Industrie Consulting GmbH have sold Polish industrial manufacturing business Donako to Austrian trade buyer Rudolf Weinberger Holding.
Abris closes latest CEE fund on €450m
Abris has exceeded expectations to reach hard-cap for its Abris Capital Fund II – despite no exits since the GP was founded in 2007.
Elbrus buys OSG Records Management from Aurora Russia
Elbrus Capital has acquired Russian storage and records company OSG Records Management from Russian investment company Aurora Russia.
Enterprise Investors injects €2.2m into EP Serwis
Enterprise Investors has completed a €2.2m financing round for Polish pallet services company EP Serwis.
CEE unquote” February 2013
Last year, European private equity was abuzz with exits paving the way for fundraisings, and CEE was no exception.
Avallon planning to raise €107m for second fund
Avallon MBO Fund II, which is planning to raise €107m for investing in Eastern European SMEs, has hit a first close after securing a cornerstone investment from the European Bank for Reconstruction and Development (EBRD).
PineBridge invests €26m in Work Service
PineBridge Investments has acquired a 20.02% stake in listed Polish staffing and personnel business Work Service for €26m.