ikinvest.com - Press releases http://www.ikinvest.com/templates/Rsspage.aspx?id=3250 http://www.ikinvest.com/images/rssik_ikon.gif ikinvest.com http://www.ikinvest.com Anders Häggman awarded the IK Finnish American Scholarship http://www.ikinvest.com/templates/press.aspx?id=3268 IK Investment Partners (“IK”), the Nordic and European private equity firm, is pleased to announce that Anders Häggman, a 28-year-old mechanical engineer from Espoo in Finland, has been awarded the IK Finnish American Scholarship, worth EUR 25,000, marking the eighth time a talented Finnish graduate has received the grant. Anders Häggman will use the scholarship for post-graduate studies at the world-renowned Massachusetts Institute of Technology (MIT) in the United States. With his dissertatio ... Mon, 23 Aug 2010 14:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3268 Kai Wärn to join IK as Partner Strategy, Operations and Business Control http://www.ikinvest.com/templates/press.aspx?id=3266 IK Investment Partners (“IK”), a Pan-European private equity firm, announces that Kai Wärn will be joining as Partner with future responsibility for Strategy, Operations and Business Control. He is currently Chief Executive of Swedish-listed company Seco Tool AB and will begin at IK in January 2011. Kai will be based in IK’s Stockholm office. Kai Wärn is a highly successful hands-on professional with more than 25 years experience in the industry. He began his career with ABB where he spent near ... Mon, 16 Aug 2010 09:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3266 IK Investment Partners acquires majority stake in Colosseum Dental, a leading Scandinavian provider of dental care business http://www.ikinvest.com/templates/press.aspx?id=3260 IK Investment Partners (“IK”, formerly known as Industri Kapital), a Pan-European private equity firm, has signed an agreement with Trallfa, founding owner Gard Lauvsnes and other shareholders to acquire a majority stake in Norwegian Colosseum Dental (“Colosseum”), the leading provider of dental care in Scandinavia. Gard Lauvsnes will reinvest a significant proportion of the sale proceeds alongside IK to support the future value creation of the Company. Terms of the agreed sale were not disclos ... Thu, 17 Jun 2010 16:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3260 IK Investment Partners acquires majority stake in Agros Nova, a leading diversified food & drink company in Poland http://www.ikinvest.com/templates/press.aspx?id=3256 IK Investment Partners (“IK”), a Pan-European private equity firm, announces today that it has agreed with the owners of Agros Nova (“Agros Nova” or the “Company”), ITR Investment Partners Limited to acquire a majority stake in the Company. Agros Nova is a leading diversified food and drink company in Poland. Terms of the agreed sale are not disclosed. Headquartered in Warsaw and employing a total of around 2,300 staff, Agros Nova is a top three player in all three of its operational business s ... Mon, 14 Jun 2010 10:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3256 PAI Partners acquires Cerba European Lab from IK Investment Partners http://www.ikinvest.com/templates/press.aspx?id=3252 PAI partners has signed an agreement with IK Investment Partners (“IK”, formerly known as Industri Kapital) and the management team of Cerba European Lab (“CEL”, “the Company”), the leading European player in the clinical pathology business, to enter into CEL’s capital as a majority shareholder. Headquartered in Saint-Ouen-l’Aumône near Paris, Cerba European Lab is active in all three segments of the clinical pathology business, namely esoteric, routine and central lab. CEL operates in 34 lo ... Wed, 09 Jun 2010 11:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3252 Minimax and Viking Group merge to create a world leader in the fire protection industry http://www.ikinvest.com/templates/press.aspx?id=3237 The merger is backed by Minimax’ majority owner IK Investment Partners German based Minimax and US based Viking Group announced today that the two leaders in fire protection and life safety systems are combining their activities. The transaction will create a global leader with over a billion euros in sales and 6,000 employees. Importantly, the combined company will be able to leverage the strengths of their respective firms to enhance the product and services available to its existing and futu ... Tue, 17 Nov 2009 16:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3237 IK Investment Partners acquires majority stake in Vistra Group http://www.ikinvest.com/templates/press.aspx?id=3229 IK Investment Partners (“IK”), a Pan-European private equity firm, has signed an agreement with a group of investors including Reggeborgh Groep to acquire a majority stake in Vistra Group (“Vistra”), a fast growing international trust and corporate service provider. The current management team remains an important shareholder and re-invests nearly all proceeds. The transaction is the result of an exclusive process and will be largely financed by equity provided by IK and management. Terms of the ... Fri, 28 Aug 2009 09:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3229 IK Investment Partners celebrates its 20th anniversary by granting a scholarship of 25,000 Euros http://www.ikinvest.com/templates/press.aspx?id=3227 The IK Investment Partners’ Finnish-American scholarship, worth 25,000 Euros, has this year been granted to Rasmus Molander, a 27-year-old civil engineer. IK grants the scholarship to a talented Finnish graduate student already for the seventh time. Björn Savén, Executive Chairman of IK Investment Partners, says he is very satisfied with being once again able to grant the scholarship to a talented Finnish young person, whose achievements prove of an exceptional talent. For IK celebrating its ... Wed, 19 Aug 2009 11:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3227 Mads Ryum Larsen appointed member of IK’s Executive Committee http://www.ikinvest.com/templates/press.aspx?id=3223 Mads Ryum Larsen has been appointed a member of IK Investment Partners’ Executive Committee as of 1 July 2009. Mads Ryum Larsen is currently responsible for IK’s investor relation activities, a position that he has held since 2005. Mr. Ryum Larsen was previously responsible for IK’s Danish and Norwegian investment activities. He was appointed partner in 2004 after being a director since 1997. “Today's appointment is an important step in the continued success of IK, capitalising on Mads’ combi ... Wed, 01 Jul 2009 10:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3223 Dialogue about change in ownership of Kid Interiør http://www.ikinvest.com/templates/press.aspx?id=3220 Nordisk Tekstil Holding (NTH), owner of the Norwegian home textile retailer Kid Interiør, notified DnB NOR in January 2009 that the company would not be able to meet its loan obligations. The owners and management of NTH have for several months worked with the bank to try to find a solution, but the parties have unfortunately so far not been able to reach an agreement on a new capital structure for the company. - It has been a thorough process to find a viable solution to the financial challen ... Thu, 07 May 2009 15:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3220 Michael Rosenlew becomes Managing Director of IK Investment Partners http://www.ikinvest.com/templates/press.aspx?id=3219 Michael Rosenlew has been appointed new Managing Director of IK Investment Partners AB in Sweden as of 1 July 2009. Michael Rosenlew has been responsible for IK’s Finnish investments since 1993. In 2002 he was appointed as one of the Managing Partners of IK Investment Partners Group and last year Deputy Chairman for IK Investment Partners AB. He will be replacing Gustav Öhman who for family reasons has chosen to leave IK later this year. “We would like to thank Gustav for all his commitment ... Tue, 05 May 2009 12:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3219 IK sells the Dutch internet retailer Wehkamp http://www.ikinvest.com/templates/press.aspx?id=3214 IK Investment Partners (“IK”, formerly known as Industri Kapital) has sold Wehkamp, the market leader in online shopping in the Netherlands, to a group of private investors. IK will retain a minority interest in Wehkamp. IK acquired Wehkamp, together with the credit management company Transfair from the UK retailer GUS plc in January 2006 with the plan to further grow and develop both businesses and capitalise on IK’s experienc ... Fri, 12 Dec 2008 10:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3214 Antti Hovila awarded the 2008 IK Finnish-American scholarship http://www.ikinvest.com/templates/press.aspx?id=3199 The IK Finnish-American scholarship, worth EUR 25,000, has this year been granted to Antti Hovila, a 27-year-old civil engineer from Pyhtää in Finland. Hovila will use the scholarship to pursue an MBA degree at Harvard University (Massachusetts). Harvard has one of the leading business schools in the world, and after a highly competitive application process, about 900 new students enroll in the university’s MBA programme each year. Harvard was Hovila’s number one choice because of its alternat ... Tue, 19 Aug 2008 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3199 IK Investment Partners acquires Axtone from Advent International http://www.ikinvest.com/templates/press.aspx?id=3193 London & Warsaw - Advent International, the global private equity firm, today announced agreement to sell Axtone S.A. (www.axtone.eu), Europe’s largest rail freight buffer manufacturer, to the Pan-European private equity firm IK Investment Partners (“IK”). Terms of the agreed sale, which is subject to regulatory approval, were not disclosed. Advent acquired Kamax, a mid-sized Polish business, in January 2006. The company was at that time a Polish-based market leader in rail wagon buffers, ... Mon, 11 Aug 2008 11:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3193 Industri Kapital Becomes IK Investment Partners http://www.ikinvest.com/templates/press.aspx?id=3188 Mid-market European private equity firm Industri Kapital announces the change of its name to IK Investment Partners (“IK”). The name change marks the evolution of the firm’s investment and geographic focus. Since it was founded in 1989, the firm has broadened its offering from its original focus on manufacturing in the Scandinavian markets to a broader range of traditional sectors including services, healthcare, food and specialised processing as well as retail on a pan-European scale. IK ha ... Thu, 12 Jun 2008 08:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3188 Björn Savén Becomes Executive Chairman of Industri Kapital http://www.ikinvest.com/templates/press.aspx?id=3181 As of today, Björn Savén becomes Executive Chairman of Industri Kapital. Industri Kapital will continue to be managed by him together with the four Managing Partners; Detlef Dinsel, Christopher Masek, Michael Rosenlew and Gustav Öhman. For more information: Charlotte Laveson Industri KapitalPh: + 46 8 678 95 00 Industri KapitalIndustri Kapital is a European private equity firm, having raised a total of EUR 5.7 billion, including EUR 1.7 billion in the latest fund IK2007. Since 1989, ... Wed, 04 Jun 2008 19:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3181 Industri Kapital to sell CPS Color http://www.ikinvest.com/templates/press.aspx?id=3168 Industri Kapital (“IK”) has signed an agreement with Nordic Capital Fund VI (“Nordic Capital”) regarding the sale of CPS Color Group Oy (“CPS Color”). CPS Color is the global leading supplier of advanced tinting systems. Based in Vantaa, Finland and with approximately 900 employees in eleven countries, CPS Color is the world’s leading supplier of tinting systems and technology, enjoying a unique position as the only company in the world supplying all of the necessary tinting system components: ... Mon, 28 Apr 2008 11:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3168 Industri Kapital (IK) has agreed to acquire Flabeg from EquiVest/CBR http://www.ikinvest.com/templates/press.aspx?id=3058 IK has signed an agreement with EquiVest/CBR to acquire Flabeg, a leading component supplier to the automotive and renewable energy (solar) industries which supplies its global customer base through two operating divisions Automotive and Solar In Automotive, Flabeg produces mainly mirror glass for exterior as well as interior applications for passenger cars and commercial vehicles. In its niche as a mirror glass supplier the Company is a leading tier 2 supplier for the global automotive industr ... Mon, 07 Apr 2008 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3058 Industri Kapital sells ELFA to Daetwyler http://www.ikinvest.com/templates/press.aspx?id=3051 Industri Kapital (“IK”), together with the Jensen family and management, has signed an agreement with Daetwyler, a Swiss based international multi-niche player dedicated to industrial components supply and distribution of engineering and electronic components, to sell ELFA for SEK 2.1 billion (€222m). ELFA markets, sells and distributes electronic components and other technical products to business customers in Northern and Eastern Europe. With over 56,000 customers and 130,000 catalogues dist ... Wed, 19 Mar 2008 08:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3051 Industri Kapital acquires Groupe Etanco http://www.ikinvest.com/templates/press.aspx?id=3048 Industri Kapital (”IK “) has signed a share purchase agreement with the Lebraut family for the acquisition of Groupe Etanco in partnership with Ronan Lebraut, CEO and members of the founding family along with management. Groupe Etanco was founded in 1952 and is the leader in the design, manufacturing and distribution of building fastener and fixing systems. The family business based outside of Paris employs 600 people in six sites and generates a turnover of EUR 130 million. The Group has a ful ... Fri, 08 Feb 2008 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3048 Industri Kapital announces the appointment of two new partners and the strengthening of its European team http://www.ikinvest.com/templates/press.aspx?id=3037 Industri Kapital, a leading mid-market private equity firm focused on investing in the Nordic region and in Continental Europe, announced today the appointment of Dan Soudry and Helena Stjernholm as Partners in France and Sweden. At the same time, the firm is promoting five team members to Deputy Director: Remi Buttiaux, Remko Hilhorst, Kristian Kemppinen, Anders Petersson and Klaus de Vibe. A further three team members have been promoted to Associate Director level: Bart Borms, Benoit Leblan ... Tue, 11 Dec 2007 12:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3037 Industri Kapital announces the successful closing of the Industri Kapital 2007 Fund with final commitments of EUR 1,675,000,000 http://www.ikinvest.com/templates/press.aspx?id=3025 Industri Kapital (IK), a leading mid-market private equity firm focused on investing in the Nordic region and in Continental Europe, is pleased to announce that it has closed its sixth fund, the Industri Kapital 2007 Fund, with total commitments of EUR 1.675 billion, more than double the previous fund, the Industri Kapital 2004 Fund. The Industri Kapital 2007 Fund received strong support from both existing and new investors. The fund’s investors include endowments and pension funds, insurance ... Tue, 16 Oct 2007 06:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3025 Industri Kapital acquires Schenck Process from HgCapital http://www.ikinvest.com/templates/press.aspx?id=3017 Industri Kapital has signed an agreement with HgCapital to acquire a majority stake in Schenck Process. The company is to embark on further expansion with the support of Industri Kapital following two years of successful growth under the stewardship of HgCapital. Since Schenck Process was acquired by HgCapital from Dürr AG in 2005, it has built an even stronger and strategically well-positioned business, growing the workforce to around 1,800 employees; increasing revenue to €350 million per an ... Tue, 21 Aug 2007 09:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3017 DYWIDAG-Systems International sold by Industri Kapital to CVC Capital Partners http://www.ikinvest.com/templates/press.aspx?id=3014 Industri Kapital has signed an agreement with CVC Capital Partners regarding the sale of DYWIDAG-Systems International (DSI). DSI is the global market leader in the development, manufacture and supply of post-tensioning and geotechnical systems to the construction and mining industries. The purchase price was not disclosed. The transaction is subject to customary anti-trust approvals. DSI, headquartered in Aschheim near Munich, has approximately 1,900 employees at more than 70 locations global ... Tue, 10 Jul 2007 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3014 Industri Kapital divests Eltel Networks http://www.ikinvest.com/templates/press.aspx?id=3004 Telefos AB, majority owned by Industri Kapital has signed an agreement with 3i to sell Eltel Networks. TeliaSonera who is a minority shareholder will also sell its shares. Eltel Networks is the Northern European market leader for the installation and maintenance of infrastructure for electricity and telecommunications. Headquartered in Espoo, Finland, Eltel Networks employs 8,200 professionals across Europe primarily in the Nordics, the Baltics and Poland. In 2006, telecommunications business ... Tue, 12 Jun 2007 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3004 Industri Kapital sells Elektrokoppar to Liljedahlsbolagen http://www.ikinvest.com/templates/press.aspx?id=3000 The Industri Kapital 1997 Fund has signed an agreement to sell 100 per cent of its shares in the Elektrokoppar group to Liljedahlsbolagen. Elektrokoppar is one of the leading manufacturers of copper wire rod and winding wire in Europe. In 2006 the Elektrokoppar group’s turnover amounted to SEK 8 billion. The group, which has around 600 employees, has manufacturing facilities in Sweden, Germany, Poland and China and refines approximately 200,000 tons of copper and aluminum per year. Elektrokopp ... Tue, 08 May 2007 10:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=3000 Industri Kapital in exclusive negotiation to sell Ceva Santé Animale http://www.ikinvest.com/templates/press.aspx?id=2997 Industri Kapital has reached an agreement to sell the veterinary laboratory to its management, associated with a consortium of investors grouping Euromezzanine, Natexis Industrie and Natixis Investissement.Industri Kapital and management acquired Ceva Santé Animale, 10th veterinary laboratory worldwide, in 2003 from PAI. During the four years of joint Industri Kapital and management ownership, Ceva’s sales grew by 60%, to reach an estimated EUR 340 million in 2007. The group’s EBITDA doubled ov ... Wed, 25 Apr 2007 08:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=2997 Industri Kapital sells Prevesta to Block Watne Group for SEK 1,900 million http://www.ikinvest.com/templates/press.aspx?id=2991 Block Watne Group (BWG), one of Norway’s leading housebuilders and listed on Oslo Børs, has entered an agreement with the Industri Kapital 2004 Fund to buy 100 per cent of the shares in Prevesta, Sweden’s leading producer of prefabricated houses with the brands Myresjöhus and SmålandsVillan. In 2006, Prevesta had a turnover of SEK 1,756 million (approx. EUR 189 million) and an operating profit of SEK 191 million (approx. EUR 21 million). The purchase price amounts to SEK 1,900 million (approx. ... Mon, 26 Mar 2007 07:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=2991 Industri Kapital acquires majority stake in Moventas http://www.ikinvest.com/templates/press.aspx?id=2984 Industri Kapital has signed an agreement with CapMan funds to acquire a majority stake in Moventas, the leading independent manufacturer of industrial and wind turbine gears as well as provider of gear maintenance and service. Head-quartered in Jyväskylä, Finland, Moventas, designs, manufactures and markets mechanical power transmission solutions and services for the process and energy industries. The company has around 1,000 employees globally and generated net sales in 2006 of EUR 207 millio ... Mon, 29 Jan 2007 09:00:00 GMT http://www.ikinvest.com/templates/press.aspx?id=2984 Industri Kapital to invest in Magotteaux http://www.ikinvest.com/templates/press.aspx?id=2980 Industri Kapital has signed an agreement to invest in Magotteaux, a world leading supplier of grinding media for the cement, mining, aggregates and dredging industries. Founded in Liège (Belgium) in 1920, Magotteaux is a world leader in grinding media and wear resistant parts for the cement and mining industries. It is focussed on preparing metallurgical advanced grinding media for a variety of industries that involve crushing and grinding processes. Products include grinding balls and wear ta ... Fri, 22 Dec 2006 09:30:00 GMT http://www.ikinvest.com/templates/press.aspx?id=2980