News
TURKEY - AIG Capital Partners invests in Turkish retailer
AIG Capital Partners, a member company of AIG Global Investment Group, announced today it has indirectly acquired a substantial position in For You Bakým Ürünleri Maðazalar L.Þ. The investment, which also included participation by Eastern Retail...
UK - MFI Furniture Group Plc up for sale?
The troubled MFI retail outlets, which number 200 across the UK, may be sold by MFI Furniture Group which reported today that it had received expressions of interest for all or part of the business.
UK - GI Partners acquires group of London Thai restuarants
GI Partners, the US private equity firm most famous for the take-private of Yates pub company in 2004, has today acquired a number of oriental eateries in London, reports The Times. The deal worth approximately £20m includes restaurants such as Sri Thai,...
FRANCE - 3i sells its stake in French gas specialist Oldham to US group
3i has realised its interest in Oldham SA, the French leading manufacturer of gas detection and measurement tools. The buyer is Industrial Scientific Corporation, the American leader in this same field.
SWEDEN - QuNano secures SEK 45m funding
Lund-based QuNano AB has received SEK 45m in series-A financing from Provider Venture Partners and Teknoinvest. In 2005, the company secured seed capital from Teknoinvest.
UK - ABN considering sale of lorry maker Dennis Eagle
According to reports in The Daily Telegraph today, ABN Amro Capital are contemplating a realisation of their investment in refuse lorry maker Dennis Eagle. ABN Amro Capital purchased the company from rival private equity firm Bridgepoint in 2004 for £51m.
UK - South West Ventures Fund invests in data conference company
South West Ventures Fund has invested £250,000 in VQ Communications Ltd, a video and data communication developer based in Chippenham.
NL- Knight Vinke to tender its shares
Knight Vinke Asset Management has given up its opposition to the takeover bid for VNU and has tendered its shares in the company. Earlier this month Templeton, owner of approximately 14.7% in the company, signalled its support, easing the way for a successful...
GERMANY - Warburg Pincus in renewables double
Funds advised by Warburg Pincus have acquired Vital Fettrecycling GmbH & Co. KG, along with its subsidiary Petrotec GmbH. Vital is active in the disposal and recycling of meat fats, whilst Petrotec produces biodiesel. The vendors, Ulrike Petershagen and...
GERMANY - capiton announces latest divestment
capiton has announced a further divestment following its exit from Hettich in January this year. The financial investor has sold its stake in Essener Hochdruck Rohrleitungsbau (EHR) to Bilfinger Berger AG.
NL- NPM-Capital sells stake in Keesing Group
NPM Capital and management have reportedly agreed to sell all shares in Keesing Group, a Dutch publishing house, to Telegraaf Media Groep for EUR 81.3m. The debt component is understood to be around 40%.
NL- LPs to congregate in Amsterdam
Following the huge success and positive feedback we received from attendees of the Limited Partners Private Equity Congresses held in London and Stockholm earlier this year, Benelux unquote’’ is delighted to announce the launch of the Benelux Limited...
GERMANY - Advent acquires RWE Solutions Gruppe
Advent International has taken over RWE Solutions Gruppe from RWE Energy. The group consists of SAG, Nukem, RWE Industrie-Loesungen, RWE Space Solar Power and Lahmeyer International. The group is engaged in energy provision and assoiated applications.
NETHERLANDS - Intermediate Capital Group completes recap of Motip Dupli Group
Intermediate Capital Group PLC (ICG) has announced the recapitalisation of Motip Dupli Group, the leading European manufacturer of aerosol paints, touch-up paint pencils and technical aerosols.
UK - Barclays Ventures appoints new associate director
Barclays Ventures has announced the appointment of Emma Morris as associate director based at its London office. Emma (28) brings a wide range of experience in mid-market private equity and M&A, and recently completed a six month secondment with Barclays...
NETHERLANDS - Carlyle and Oranje Nassau Groep to acquire Stahl Holdings
Carlyle and Oranje-Nassau Groep (ONG) have signed an agreement to acquire Stahl Holdings BV from affiliates of Investcorp.
NETHERLANDS - Bencis invests in Rynart Transport
Bencis Capital Partners has acquired a substantial interest in logistic service provider Rynart Transport.
BELGIUM - GIMV sells LA Gym to Waterland-owned healthcity
GIMV has sold its majority stake in fitness chain LA Gym to the Dutch HealthCity Group, owned by Waterland Private Equity.
ITALY - AIFI elects Giampio Bracchi as chairman
The board of the Italian Private Equity and Venture Capital Association (AIFI) has elected Giampio Bracchi as chairman of the association for a further three years. Mr Bracchi is also vice-chairman of Banca Intesa and chairman of Fondazione Politecnico...
NETHERLANDS - Waterland acquires Optima Zorg
Waterland Private Equity Investments has acquired a majority stake in Optima Zorg,a Netherlands-based homecare company.
NORWAY - Northzone realises EUR 45m in NextGenTel exit
TeliaSonera AB has acquired 82.3 % of Norwegian broadband provider NextGenTel Holding ASA from Northzone, Geocapital, and the other major shareholders. The offer implies a total value for the entire fully diluted issued share capital of NextGenTel of...
FRANCE - MBO Partnenaires backs AntemetA's MBO
MBO Partenaires has taken a majority holding of AntemetA, a provider of IT solutions. The company's staff, Soginnove and SGAM AI have taken minority stakes. The MBO will allow the company to split from Groupe D-FI.
BELGIUM - KBC Private Equity sells stake in CropDesign
KBC Private Equity, along with other shareholders, has sold CropDesign to BASF, a chemical company and world leader in agricultural products and fine chemicals.
UK - HSBC's Studzinski set to move to Blackstone
Reports in today's Financial Times suggest that John Studzinski intends to leave his executive position at the world's third largest bank, HSBC, in order to become head of Blackstone's boutique corporate advisory business later this year.