MEngineering GmbH, Ravensburg, a leading German provider of specialized engineering services to the automotive industry, sold 100% of its shares to Alten GmbH, a subsidiary of French-listed Alten SA.
Controladora GMI, S.A.P.I. de C.V., the leading manufacturer and provider of modular construction solutions in Mexico and Latin America, received an investment from the Washington DC-based private equity firm ACON Investments.
The House of Fuerstenberg sold its subsidiary Holzindustrie Fürst zu Fürstenberg (wooden packaging business unit) to Industrial European Wood Products Holding GmbH, Düsseldorf. Holzindustrie Fürst zu Fürstenberg has been operating at its principal location in Southern Germany for some 100 years and evolved from its origins as a saw mill to an important manufacturer of wooden packaging for the automotive industry.
Ets Grassot, a family company owning garden centers under the franchise Villaverde, was sold to Gamm Vert, the top garden center retailer in France. Ets Grassot is the leading garden center in Lyon. Clairfield International in France advised Grassot.
Tholos, an Italian energy service company specialized in the provision of energy efficiency services to industrial firms throughout Italy, was sold to Elettra Investimenti (ELIN:IM), a developer of projects in the energy sector, with particular expertise in cogeneration and trigeneration plants. The transaction was advised by Clairfield International in Italy.
Reality bytes, an award-winning digital marketing agency based in Cologne, sold a majority stake to TWT Interactive Group. reality bytes advises clients on marketing, concept, design, and user interfaces, and also performs technical implementation. reality bytes currently has about 60 employees. TWT Interactive Group is one of the most successful founder-managed internet agency groups in Germany. The transaction was advised by Clairfield International in Germany.
Mattout Carrelage, a distributor of floor tiles, was sold to Richardson, a family company focused on plumbing and heating installations with sales of EUR 500 million.
KeepFocus, a leading Danish energy-management-systems company, was sold to a consortium of German investors who named the newco KeepFocus Europe GmbH.
FC Exchange, an international money transfer and payment solutions company, was sold to Global Reach Partners, a UK foreign-exchange specialist.
Rowanmoor Group, a leading independent small self-administered scheme (SSAS) provider and a bespoke self-invested personal pension (SIPP) and family pension trust (family SIPP) operator, was sold to Embark Group, a provider of long-term savings and advisory services to businesses and retail investors.
LIM Group sold a minority stake to CM-CIC Investissement. LIM is the parent company of CWD Sellier and Devoucoux, two prestigious manufacturers of horse saddles.
IMAS worked with JHSHL to structure the business and transaction to ensure that the purchaser achieved a clean transfer of the company and allow the John Holman Group and its subsidiary Sheraton Systems to continue separately under Andrew Holman’s leadership.
AdRom Digital Media AG sold a 35% stake to Investnet AG, a Swiss private equity and investment group. adRom, founded in 2000, is a data-driven dialogue marketing company. adRom has developed technology for real-time cross-channel marketing campaigns (email, post, phone, mobile, social media, etc.) and operates in the DACH region.
The Dutch office of Clairfield International advised Stichting KwadrantGroep in the strategic divestment of its activities relating to mobility aid equipment. Stichting KwadrantGroep is a provider of healthcare services with a focus on elderly care. Jens Beenhakker Beheer B.V. specializes in the sale and leasing of mobility aid equipment and is active throughout the Netherlands.
Grove is a leading processor and distributor of juice products across Australia and selected export markets. Operating since 1969, Grove employs over 110 people and distributes over 500,000 liters of juice per week from its facilities in Warwick and Brisbane. Clairfield Australia helped the shareholders assess various options, including initiatives to grow earnings, and options for funding this growth. Ultimately, the Estens family (50% shareholder) acquired the remaining 50% from the Willis family. Advised by Clairfield International in Australia.
Nordic Sense A/S, a leading producer of personal care, beauty, and disinfection products on a private-label basis for major retail chains, B2B and consumer companies in Denmark, Sweden and Norway, was sold to Industri Udvikling, an independent private-equity firm based in Denmark. The sale was advised by Clairfield Denmark.
The Italian private equity fund Aksia Group sold the Italian company Jolly Scarpe S.p.A. to the Swiss group Minerva-Robusto. Jolly Scarpe designs, models, and distributes safety technical shoes for the military, firefighters, and law enforcement personnel through the brands Jolly and Cosmas. The transaction was advised by Clairfield Italy.
MBO Partenaires and private investors sold their shares in Storm Elec Group, a company specializing in the design, manufacture, and B2B distribution of electrical boxes and automation solutions for both the swimming-pool and photovoltaic markets. Backed by MBO Partenaires since 2010, Storm Elec has pursued an innovative strategy in both technology and design to differentiate itself from competitors. The main client group is professional installers. The Group generates approximately EUR 10 million in revenues. Pascal Cazères, who took over the company in 2007, partnered with JFC Industrie and Charente Périgord Expansion to pursue the development of Storm Elec. The transaction was advised by Clairfield International in France.
iParts, a Polish leading online car spare parts distributor, was sold to Hella, one of the top 40 automotive suppliers and aftermarket distribution organisations for spare car parts in the world, headquartered in Germany.
The transaction was advised by Clairfield Poland / Germany.
Samiro Group S.p.A. and other minority shareholders sold the entire stake of Ravaglioli Group comprising Ravaglioli S.p.A., Butler, Sirio, and Space to the American group Dover Corporation (NYSE:DOV), a global company with a business unit that is active in the production of vehicle service equipment. Ravaglioli is an Italian group focused on the manufacturing of vehicle service equipment such as lifts, tire changers, aligners, wheel balancers, and diagnostic test lines. Ravaglioli will join Dover’s Vehicle Service Group, a business unit of the Engineered Systems segment. Advised by Clairfield International in Italy and US.
DKS A/S, a leading debt-collection company in Denmark, was sold to Intrum Justitia AB, Europe’s leading debt collector, primarily active in debt collection for third-party clients. Intrum is present in 20 different European countries and is publicly listed in Sweden. DKS was founded in 1997 and is primarily active in debt collection for small and medium-sized businesses. The sale was advised by Clairfield Denmark.
Agrometer, a leading global manufacturer of high-quality slurry-handling equipment, was sold to Erhvervsinvest, an independent private equity firm based in Denmark. Agrometer was founded in 1977 and serves the agricultural, municipal, manufacturing, and marine industries. The sale was advised by Clairfield Denmark.
Wavenet, a specialist provider of unified communications solutions to the SME and corporate market, was sold, through an MBO, to Beech Tree Private Equity. Wavenet, founded in 2000, provides communications products and services to over 2,000 customers in the UK. Beech Tree invested GBP 35 million to meet shareholder’s requirements and fund the future growth plans. The transaction was advised by Clairfield UK.
Handico Finalnd Oy joined the Finnish Haltija Group Oy, a portfolio company of the Finnish private equity investor Sponsor Capital. Handico has been one of the leading providers of medical aids in Finland for two decades. The company represents the world’s leading medical aid brands and offers after-sales services nationwide. Handico’s customer base consists of hospital districts, and municipalities all over Finland as well as private care companies. Clairfield Finland advised Handico Finland Oy and its owners.
Systemax Inc. (NYSE: SYX), an American Fortune 1000 company based in Port Washington, New York that sells personal computers, computer supplies, consumer electronics and industrial products, has signed a definitive agreement under which CANCOM SE (ETR:COK) shall acquire certain assets of Misco Germany. Cancom SE is a German provider of Information Technology (IT) systems and services.
The transaction, which is subject to certain closing conditions, is expected to close in August 2016. Financial terms of the transaction were not disclosed. Advised by Clairfield International in Germany.
Since its foundation in 1984, Machines Pagès became a key player in manufacturing of high speed robotics systems for In Mould Labelling (IML) applications and automatic feeding systems mainly for the food industry. Machines Pagès group employs around 70 peoples on 3 sites in the east France. The group generates a turnover of more than 16 M€.
In order to carry on the transmission of the company, the French private equity fund Naxicap Partners, the founder (Daniel Pagès), the chairman (Philippe Olichon) sold 100% of Machines Pagès to new investors, Innovafonds, BNP Développement and CAFCI.
Philippe Olichon will assist the new management team for 1 or 2 years. Advised by Clairfield International in France.
CORE Gaming, a content studio that specializes in the development of HTML5 real money games for casino operators and platform holders, was sold to Sky Betting and Gaming, one of the UK’s leading online bookmakers, with a team of 100 employees and a strong track record of innovation. The CORE Gaming portfolio consists of a wide range of games including slot, scratch cards, instant wins and table games. Advised by Clairfield International in the UK.
OPTeam S.A. (WSE:OPM), a Polish IT company specialized in electronic payment technologies, sold a 75% stake in Polish Electronic Payments (PeP) to private equity house Innova Capital. PeP is a growth leader in point-of-sale credit-card processing in Poland. Before the sale OPTeam owned 100% of shares of PeP. The transaction is a part of strategy to build a broader card-processing platform by OPTeam and Innova Capital. The sale was advised by Clairfield Poland.
Elisa Corporation, the largest telecom operator in Finland, sold Elisa Rahoitus to Aktia Bank Plc. The transaction includes Elisa Lompakko, the first mobile payment service in Europe. The Elisa Lompakko app has been downloaded by over 120,000 users. Advised by Clairfield International in Finland.
Immodirekt.at, an online real estate platform in Austria, was sold to ImmobilienScout24. The real estate portal will be integrated into Scout24 AG as a wholly-owned subsidiary of Immobilien Scout GmbH and will continue to exist as independent brand. The acquisition is part of the growth strategy of the Scout24 Group. The transactions was advised by Clairfield International in Austria.