News
SPAIN - Daiwa takes over Atlas Capital
Following the acquisition by Daiwa SMBC of UK-based Close Brothers Corporate Finance, the Japanese bank has purchased Spanish corporate financier Atlas Capital.
ITALY - Clessidra to acquire Cavalli stake
Market rumour suggests that this summer could see private equity firm Clessidra finalise the acquitision of a 20% stake in fashion house Roberto Cavalli.
SWEDEN - Sixth Swedish pension fund buys Arvika from administration
The Sixth Swedish Pension Fund (AP6) has acquired Arvika Gjuteri, a manufacturer of parts for trucks, agricultural and construction equipment that recently went into administration.
GERMANY - Buyout houses bid for Springer
Six bidders have entered the second round of bidding to acquire a EUR 500m stake in Cinven and Candover-backed publisher Springer Science and Business Media, with four comprising major buyout houses.
GERMANY - NORD Holding backs Unicor acquisition
NORD Holding has backed portfolio engineering company Unicor GmbH in acquiring the machinery business of Königsberg-based Fränkische Rohrwerke.
GERMANY - TCW leads EUR 70m agri funding
TCW Group has led a EUR 60m equity investment into biogas company agri capital, alongside returning investors Altima Partners, Green Partners, Halcyon and Ludgate Environmental Fund, with Ecofin providing a EUR 10m mezzanine loan.
GLOBAL - SVG Capital makes two executive hires
Listed fund-of-funds SVG Capital has appointed Lynn Fordham as CEO of the company and Tony Dalwood as CEO of SVG Advisers.