| COMPANY |
COUNTRY |
SECTOR |
DATE ACQ. |
|
Agros Nova
|
Poland |
Food processing |
Aug/10 |
Agros Nova
Headquartered in Warsaw and employing a total of 2,300 staff, Agros Nova is a top three player in all three of its operational business segments, comprising fruit and vegetable reserves, ready-made food and non-carbonated beverages.
The company currently operates four manufacturing plants in central Poland, offering a wide range of quality products to all major retail outlets across the country.
Agros Nova is the market leader in both the fruit and vegetable preserves and ready-made food segments including jams, ketchup, tomato paste, sauces, ready meals, soups and frozen foods. The company also ranks third in the non-carbonated beverages market including juices, nectars and fruit drinks.
Principal contact
Value creation strategy
- Organic growth via leveraging the portfolio of strong consumer brands
- Operational improvement
- Buy and build opportunity to consolidate the market
Investment history
- Acquired majority stake in August 2010
Country
Poland
Sales
250 million euro
Press releases
|
|
Colosseum Dental
|
Norway |
Healthcare Service |
Jul/10 |
Colosseum Dental
Headquartered in Oslo and with staff of approximately 350 professionals, Colosseum is a leading provider of private dental care in Scandinavia. The company currently operates 10 clinics in Norway, 7 in Sweden and 2 in Denmark, offering a range of services from basic dental care to specialist surgery.
The company’s philosophy is to provide the highest standard of dental care to its customers by attracting the best dental professionals. Colosseum’s business model allows dental professionals to fully focus on the provision of dental care in a flexible and stimulating working environment, supported by centralised support functions.
Principal contact
Value creation strategy
- Add-on acquisitions in Scandinavian dental care market
- Operational improvements
Investment history
- Acquired majority stake in July 2010
Country
Norway
Sales
50 million euro
Press releases
|
|
Vistra
|
Luxembourg |
Service |
Oct/09 |
Vistra
Established in 2006, but with roots dating back to 1982, Vistra’s management team has built an independent trust and corporate services business that offers clients the benefits of a multi-jurisdictional approach, delivered by a team of professionals with an in-depth understanding of the often complex needs of every client. Vistra offers its services through its offices in Amsterdam, Antwerp, Breda, Curaçao, Cyprus, London, Geneva, Hong Kong, Ireland, Istanbul, Jersey, Luxembourg and New Zealand. The company has approximately 220 employees globally.
Principal contact
Value creation strategy
- International expansion
- Expansion into new service areas
- Focus on operational excellence
Investment history
- Acquired majority stake in August 2009
Country
Luxembourg
Sales
30.5 million euro
Press releases
|
|
Axtone
|
Poland |
Manufacturing |
Oct/08 |
Axtone
Axtone is Europe’s largest manufacturer of buffers, draw-gear devices and related components for rail and metro vehicles and rail infrastructure. In addition the company offers the complete service of buffers being fully responsible for their servicing and logistic maintenance. With over 200 product certificates, Axtone supplies all major rail operators and wagon manufactures in Europe and selected markets around the world. The company is headquartered in Kanczuga, Poland and manufactures its products in five locations: in Poland, Germany, Czech Republic, Russia and China.
Principal contact
Value creation strategy
- International expansion
- Focus on operational excellence
- Selective add-on acquisitions
Investment history
- Acquired majority stake in October 2008
Country
Poland
Sales
71 million euro
Press releases
|
|
Flabeg
|
Germany |
Manufacturing |
May/08 |
Flabeg
Flabeg, headquartered in Nuremberg (Germany), is the global leading manufacturer and supplier of solar parabolic mirror and automative glass for the renewable energy and automotive mirror system industry. Flabeg operates its mirror glass production in two business units - the Solar and Automotive segment. In the Solar segment Flabeg produces parabolic mirrors which are used in CSP plants (Concentrating Solar Power), namely for parabolic troughs. This segment of the renewable energy market has recently seen significant growth driven by the increasing global demand and governmental support for renewable energy sources aiming at decreasing pollution and reducing dependency on fossil resources. As a Tier 2 manufacturer, the Company's Automotive segment manufactures mainly exterior and to a minor extent interior mirror glass for passenger cars and commercial vehicles.
Principal contact
Value creation strategy
- Focus on operational excellence and international expansion
- Selective add-on acquisitions
- Increase the production capacity
Investment history
- Acquired majority stake in May 2008
Country
Germany
Sales
182 million euro
Press releases
|
|
Etanco
|
France |
Building materials |
Mar/08 |
Etanco
Etanco is the leader in the desig, manufacturing and distribution of building fastener and fixing systems in France. The group is also present in Italy with its Friulsider brand and in Eastern Europe. The former family business based outside of Paris employs 600 people and generates a turnover of MEUR 136. The Group has a full range of 80,000 products grouped under four main categories: Waterproofing, Roofing, Safety and Facades which allows it to offer products adapted to the specific market requirements particularly in terms of environmental and European regulatory constraints.
Principal contact
Value creation strategy
- Extension of product offering
- Focus on operational excellence and international expansion
- Selective add-on acquisitions
Investment history
- Acquired majority stake in March 2008
Country
France
Sales
144 million euro
Press releases
|
|
Schenck Process
|
Germany |
Manufacturing |
Oct/07 |
Schenck Process
Schenck Process is one of the global market-leading providers of industrial weighing, feeding, screening and automation equipment and solutions. It has significant operations in Europe, North and South America, China and Australia and serves a diversified customer base across a wide range of International Business Segments (IBS), including Heavy, Light, Mining Power and Transport Automation.
Principal contact
Value creation strategy
- Leverage strong organic growth
- Focus on operational excellence and international expansion
- Selective add-on acquisitions
Investment history
Country
Germany
Sales
408 million euro
Press releases
|
|
Moventas
|
Finland |
Manufacturing |
Mar/07 |
Moventas
Moventas is a leading independent manufacturer of wind turbine gears (WG) and industiral gears (IG) as well as a provider of gear maintenance and service. Moventas is headquartered in Jyväskylä, Finland and has around 1,300 employees globally.
Principal contact
Value creation strategy
- Leverage strong organic growth
- Focus on operational excellence and international expansion
- Strengthen service operations
Investment history
Country
Finland
Sales
381 million euro
Press releases
|
|
Magotteaux
|
Belgium |
Manufacturing |
Feb/07 |
Magotteaux
Magotteaux is the leading global supplier of grinding media and mill internals used in the cement, mining and aggregate industries and coal-fired utility plants and wear resistant parts in the dredging industry. Based on in-house R&D, Magotteaux designs, produces and distributes proprietary tools and consumables for processes where wear resistance is key. Headquarted in Liège, Magotteaux employs approximately 2,300 people in 13 specialised production units and 26 representatives offices globally.
Principal contact
Value creation strategy
- Improve financial reporting and controls and increase focus on cash flow
- Re-organise the Company by end-market in order to increase focus and introduce business unit accountability
- Execute lean manufacturing programme designed to improve operating efficiency, shorten supply chain and reduce capital tied up in work-in-progress and inventory
- Continue strong organic growth path through new product development and support growth through investment in production
- Consolidate market position through corporate finance activity globally
Investment history
- Acquired majority stake in February 2007
Country
Belgium
Sales
574 million euro
Press releases
|
|
Attendo
|
Sweden |
Healthcare |
Jan/07 |
Attendo
Attendo is the leading Nordic provider of outsourced social and health care. In Sweden, Norway and Denmark, Attendo Care provides social care to more than 10,000 clients. In Finland, Attendo MedOne is the leading outsourcing provider in social and health care and more than 3,500 doctors and nurses worked for Attendo MedOne during 2009. The primary customers are local authorities that purchase services from Attendo. On an anuual basis, the company had revenues of more than MSEK 6,000 or MEUR 600.
Principal contact
Value creation strategy
- Leverage strong organic growth
- Focus on international expansion
- Selective add-on acquisitions
Investment history
Country
Sweden
Sales
600 million euro
Press releases
|
|
Minimax
|
Germany |
Manufacturing |
Jun/06 |
Minimax
Minimax Viking is the market leader in the development and supply of fire protection systems primarily for the industrial market with a special focus on special hazard situations. Minimax operates an integrated business model throughout the fire protection value chain, including system configuration, sourcing and manufacturing, project management, installation and after-market service. Minimax is the cleas market leader in Germany and the global number three fire equipment supplier with leading market positions in Iberia, France, Poland and China. Following the acquisition of Consolidated Fire Protection (CFP) in the US 2007 and the industry transforming Viking merger in 2009, the Company has a leading market position in the US. Minimax serves both the fixed fire protection market (sprinkler water systems, mist and foam systems, gas systems and industrial detection) which is approximately 92% of sales and also the portable fire extinguishers market which is approximately 8% of sales.
Principal contact
Value creation strategy
- Leverage strong organic growth
- Focus on international expansion
- Add-on acquisitions
Investment history
Country
Germany
Sales
740 million euro
Press releases
|
|
Sport Group
|
Germany |
Manufacturing |
May/06 |
Sport Group
Sport Group is a worldwide market leader of outdoor sport and recreational surface systems. Sport Group installs artificial turf fields and tracks (both running tracks and multi-purpose surfaces) and manufactures all system critical components in-house. Sport Group has three main product groups (artificial turf, tracks and playground) used in a variety of applications. The business benefits from its unique system competence, leading technology and a strong market position, especially in Germany. Sport Group successfully expanded its operations internationally through four add-on acquisitions in recent years and therefore strengthened its prioduct and brand portfolio as well as its geographical presence.
Principal contact
Value creation strategy
- Leverage strong organic growth
- Focus on international expansion
Investment history
Country
Germany
Sales
301 million euro
Press releases
|
|
Kwintet
|
Denmark |
Retail/wholesale |
Dec/05 |
Kwintet
Kwintet is the European mrket leader in the top-to-toe work wear with a range of strong brands and a reputation for quality amongst its customers throughtout Europe. The Kwintet group supplies high-quality professional wear for a variety of uses and industries across Europe, and owns a range of strong brands including Kansas, Fristads, Wenaas, B&C, Lafont, KLM, Simon Jersey and Hejco. Kwintet is organised into four divisions; Fristads & Co, Wenaas, Indiform & Co and The Cotton Group. The company is headquartered in Malmö, Sweden and has approximately 3,300 employees.
Principal contact
Value creation strategy
- Improve sourcing and logistics setup
- Enhance product offering through increased focus on corporate and profile wear
- Further consolidation of the European work wear market
Investment history
- Acquired from Axcel in December 2005
Country
Denmark
Sales
670 million euro
Press releases
|
|
Suomen Lähikauppa Oy
|
Finland |
Retail/wholesale |
Aug/05 |
Suomen Lähikauppa Oy
Suomen Lähikauppa (SLK) is the market leader in the Finnish neighbourhood store segment and overall the third largest daily goods retailer in Finland. SLK has around 740 stores and approximately 6,800 employees. SLK operates in the neighbourhood store, supermarket and hypermarket segments with a total of three chain brands: Siwa (neighbourhood stores), Valkintatalo (supermarkets) and Euomarket (hypermarkets).
Principal contact
Value creation strategy
- Leverage market leader position in the neighbourhood store segment
- Improve customer service
- Strengthen category management, supply chain excellence and in-store operations
Investment history
- Acquired 32% in the combined daily goods retail business of Tradeka Oy and Ruokamarkkinat Oy in August 2005
Country
Finland
Sales
Approx. 1400 million euro
Press releases
|
|
The SIA Group
|
France |
Retail/wholesale |
Jul/05 |
The SIA Group
Sia is a leading international brand within home decoration products with Nordic roots and with a core presence in Europe. Its products, positioned at the middle top end of the market, include artificial flowers and plants, vases, accessories, candles, small items of furniture and a basic assortment of tableware and soft furnishings. Two collections are produced each year and sold in 15 European countries to independant retailers, affiliates and department stores and the company has approximately 15,000 active customer accounts.
Principal contact
Value creation strategy
- Develop SIA's distribution networks further
- Extend the product range and launch new designs and concepts
Investment history
- Acquired from 3i in July 2005
Country
France
Sales
120 million euro
Press releases
|
|
Idex
|
France |
Service |
Dec/04 |
Idex
Idex S.A.'s core activity is the technical maintenance and management of energy. The group offers global solutions to its clients including the management of collective heating and cooling networks (public and private) as well as the technical maintenance of buildings an third party management of utilities. Idex's clients include authorities, residential complexes and industrial corporations. The Idex group employs approximately 3,000 people.
Principal contact
Value creation strategy
- Refocus of business on core actvities
- Improve operating performance
- Make strategic acquisitions
Investment history
- Acquired from the Planchot family in December 2004
Country
France
Sales
498 million euro
Press releases
|
|
Europris
|
Norway |
Retail/wholesale |
Oct/04 |
Europris
In October 2004 IK acquired the assets of Terje Hoili AS and Europris Norge AS through the newly formed company Europris Holding AS (formerly Ekstrem Lavpris Holding AS). The IK2000 Fund owns the majority of the entity through the holding company ELH International S.a.r.l. Europris is an integrated hard discount retailer selling a combination of food an non-food products. Europris operates 180 stores in Norway and 6 in Iceland. The stores are operated partly as owned stores and partly as franchisees.
Principal contact
Value creation strategy
- Continue roll-out of stores in Norway
- Potential expansion into neighbouring countries
- Increase share of supply from internal wholesale business
Investment history
- Acquired from Terje Høili and Europris founders in October 2004
Country
Norway
Sales
246 million euro
Press releases
|
|
Welzorg
|
Netherlands |
Healthcare |
Dec/02 |
Welzorg
Welzorg, headquartered in the Netherlands, is a leading distributor of mobility aids for elderly and disabled people in the Netherlands, Denmark, and Sweden. Welzorg's business consists primarily of the sale, long-term rental and maintenance of manual and powered wheelchairs and scooters. The company delivers these mobility aids directly to the end-users and provides the necessary after-sales service. Welzorg's main customers are municipalities and health care institutions.
Principal contact
Value creation strategy
- Develop Welzorg's retail network further
- Expand customer range in the Netherlands further
- Expand internationally
- Leverage relationship with end-users by cross & up selling
Investment history
- Acquired from UBS Capital in December 2002
Country
Netherlands
Sales
185 million euro
Press releases
|
|
Superfos
|
Denmark |
Manufacturing |
Nov/99 |
Superfos
Superfos Industries a/s ("Superfos") is the leading Pan European manufacturer of injection moulded open-top plastic packaging. Superfos includes strongholds in food segments such as dairy (e.g. yellow fats and ice cream), processed foods, biscuits and confectionery, seafood and the noon-food segments paint, ingredients and chemicals. The company currently has 1,280 employees at 12 production facilities across Europe.
Principal contact
Value creation strategy
- Restructure underperforming business units
- Improve production efficiency, using internal benchmarking
- Grow the company through add-on acquisitions
Investment history
- Buyout from Ashland Inc. in November 1999 after Ashland took the company private from the Copenhagen Stock Exchange (US Construction business simultaneously sold back to Ashland Inc.)
Country
Denmark
Sales
380 million euro
Press releases
|
|
Dynea
|
Finland |
Specialised process |
Nov/99 |
Dynea
Dynea, headquarted in Helsinki, Finland, is a global provider of superior adhesion and surfacing solutions. Prefere by Dynea adhesive sesins are used in a variety of applications by the panel board industry, laminate beam and structural woodmanufacturers, the mineral and glass fibre industry, the paper impregnation industry, and many orthers. Ultim by Dynea is a family of high quality paper overlay products for both decorative and industrial uses. DYnea serves its customers inte the woodworking and other industries by tailor-making solutions and creating added value. DYnea's high value adhesion and surfacing products and service solutions are available in Europe and Asia Pasific and are produced at 40 sites across the regions.
Principal contact
Value creation strategy
- Focus on high-growth and high-margin products
- Take advantage of consolidation opportunities in the fragmented European chemicals industry
- Achieve cost savings
Investment history
- Neste Chemicals was acquired from Fortum Oyj in November 1999. Dyno Chemicals was spun off from Dyno ASA after it was taken private in August 2000. Together they form Dynea.
- Dynea sold its North American operations to Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan in July 2007.
Country
Finland
Sales
875 million euro
Press releases
|