Bridgepoint has confirmed that it has acquired sandwich chain Prêt A Manger in a deal reported to weigh in at £345m. The investor has also announced that it has sold Concentric, an engineering company it has owned for ten years. Concentric has been acquired by Sweden-based Haldex, a quoted provider of technology solutions to the global vehicle industry, for an undisclosed sum. Concentric, headquartered in Birmingham, is a supplier of oil, water and fuel pumps for medium and heavy duty diesel engines. It was the subject of a £122m Bridgepoint-backed management buyout and de-listing in September 1998.
Startup focuses on developing therapies against viral infections
GP invested in the gastronomy group via its first fund, which focuses on "living heritage" companies
Restructuring plan includes the acquisition of all the shares of Maccaferri
Hyperion's management team and employees will remain the largest shareholder group in the company