Axcel has acquired 60% of Pandora, a Danish jewellery manufacturer, from its two founders, Per and Winnie Enevoldsen, their son and a number of senior staff, for an undisclosed value. The current owners will re-invest along with Axcel and hold the remaining 40% of the shareholding.
DVI Equity Partners, Frontline Ventures and Enterprise Ireland also take part
Newcomer Target Global and existing investor Round Hill Ventures also take part in the round
GP invests €7.3m in the France-based point-of-sale merchandising equipment provider
Azimut appoints Jeffry Brown as CEO of AACP; Brown previously worked at Dyal Capital Partners