Verdane Capital, together with Norwegian Seafood Federation (FHL), Biomar AS and Eidsfjord Sjøfarm AS, has sold 50.2% of Aqua Gen, the Trondheim-based salmon breeding company. The company has been acquired by Erich Wesjohann Group GmbH, a German poultry genetic company, for NOK 430m. Verdane will receive NOK 309m for its 36.1% stake in the business, reaping returns of approximately 15x on its investment.
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
GP raised EUR 3.1bn for its PE strategies and plans “a major fundraising programme” in 2022 and 2023
New joiners to strengthen London team and Peter Woods is promoted to managing director
New fund will invest tickets of EUR 3m-10m in companies with more than EUR 1m in cashflow