Emerald Technology Ventures, formerly SAM Private Equity, has exited two separate investments in German clean technology companies. The financial investor recently divested its remaining holding in Schmack Biogas, nine months after the company’s IPO on the Frankurt Prime Standard. Emerald further announced the exit in fuel cell assembly manufacturer Pemeas, following the company’s acquisition by BASF Future Business GmbH.
Shares have been sold to institutional investors for €15.8 a share
Add-on is the first since LDC and Ares provided financing of £100m to the telecoms company in 2019
Acquisition of the fire safety systems provider is the first from the GP's €1.1bn eighth fund
Fresh capital will go towards increasing delivery speed and geographic footprint