Fund Alto Capital II - managed by private equity firm Alto Partners - has announced the sale of its 90% stake in Gruppo Arcte to the Mariella Burani Group. The buyer is one of the largest Italian luxury groups, with a market capitalisation on the Italian stock exchange of approximately EUR 800m.
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Ardian acquires Crédit Mutuel Equity's stake in the France-based packaging manufacturer
Fund-of-funds invests in primary and secondary private equity funds across the US, Europe and Asia
GP buys the company from private equity house B4 Investimenti and founders Giuseppe and Luca Cerea