KBC Private Equity has acquired ZIPP, a Polish scooter distributor, from Kross, a bicycle producer. The financial details of the transaction were not disclosed. The acquisition represented KBC's first transaction in Poland.
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Omega managing director Claudio Nessi and principal Francesco Draetta will join the company's board