Transactions - Consumer & retail

Aterno, a French manufacturer, distributor, and installer of high-end heating systems, was sold to Meeschaert Private Equity in a LMBO transaction.

Werhahn KG sold Alessandro International GmbH, a manufacturer of nail, hand, and foot care products, to the Wilde Group.

The shareholders of Grupo Turistore, the leading souvenir shop retailer in Mexico, completed a capitalization of shares subscribed by Nexxus Capital and Alta Growth Capital, two of Mexico’s most active private equity firms.

AwoX, a Euronext-listed group specializing in smart devices and smart home technologies, acquired the Belgian group Chacon.

Flow Festival, the leading Nordic urban festival, sold a stake to Superstruct Entertainment, a portfolio company of Providence Equity Partners.

Joyfood, a Polish producer of ready meals and healthy food, raised capital from private investors for further product development and sales channels extension.

Dumona, a French leader in professional substrates, potting soils, and production of plant‐growing material, was sold to DCM France, the French subsidiary of Groupe DC, a Belgian family‐owned group specializing in the production and distribution of plant care, animal care, and environmental care products.

Bio&Co, a retail chain of six shops offering organic products and services, was sold to InVivo Group, a multiactivity retailer, subject to approval from French competition authorities.

Arcado Group, a producer of meat delicatessen and specialty sausages, was sold to private equity investors in an MBO transaction.

Bechtle AG [ETR: BC8], the European IT retail leader with EUR 3.5 billion in revenue, acquired Inmac Wstore, the remaining European business of Systemax Inc [NYSE: SYX], a US‐based industrial group.

Pancioc S.p.A., an Italian company active in the quick–service-restaurant industry in Milan and owner of the Panini Durini brand, was acquired by a pool of investors coordinated by Astraco, an independent advisory firm, through a special purpose vehicle capitalized by the club deal.

Richard Wellock & Sons Ltd, a food distributor, was sold to William Jackson Food Group.

The Finnish discount retailer Hong Kong Oy sold 100% of the company to the Swedish discount store chain Rusta AB in a cash and shares transaction.

Prendamex, the leading Mexican pawn-shop operator, which operates more than 600 pawn stores (franchises and company-owned), sold its 126 company-owned stores to First Cash Financial Services (NYSE: FCFS), the global leader in the pawn industry.

The Middleby Corporation, a global leader in the foodservice equipment industry, acquired Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications.

Amsterdam Air, the leading French online retailer of Dutch and electric bikes, sold 100% of its shares to NOTUS Group.

Fin.-Imm. Chiorino S.r.l. sold 100% of Chiorino Technology S.p.A. to Arcadia SGR S.p.A., an Italian private equity firm. Chiorino Technology S.p.A. is active in the production and distribution of high-quality leather products.

Riedel, market leader in fruit juices and drinks, acquired Beyond Brands, with the owners of Beyond Brands to form the new management team of Riedel.