Invest In EU News

  • Atlas Copco acquires Spanish manufacturer of diesel and petrol generators, Grupo Electrógenos

    Atlas Copco SAE has acquired Grupo Electrógenos GESAN S.A. of Spain, a manufacturer of diesel and petrol generators sold through a global distributor network. The deal strengthens Atlas Copco’s product portfolio, especially for customers in emerging markets, as well as its global offering.

    Gesan, which is privately owned, had revenues in 2010 of MEUR 56 (MSEK 510). The company employs about 160 people and is based in Zaragoza, Spain, where it has a production and assembly facility.
     

  • Flybe and Finnair joint venture acquires Finncomm Commuter Airlines

    Flybe, Europe's largest regional airline, Thursday announced the acquisition of Finnish Commuter Airlines (FCA), Finland's largest domestic air carrier in terms of number of flights, in a newly formed joint venture with Finnair, Finland's flag carrier.

    The investment was for a total consideration of €25 million plus net cash in the acquired business at completion.  Completion is expected to take place within the next four to six weeks, and is subject to competition clearance.
     

  • DEKRA Acquires French used car specialist AutoContact Group

    DEKRA is acquiring all shares in the French used car specialist AutoContact Holding SAS, Bordeaux. The purchase agreement was signed on July 7 in Bordeaux.
     
    The company is one of the leading European providers in used car management. Its customers include renowned vehicle manufacturers, leasing companies, vehicle rental operators and dealers. AutoContact employs 430 staff and forecasts revenues of around €63 million in 2011.

  • Sika acquires contract manufacturer in Switzerland, Biro Edwin Bischof AG

    Sika AG, headquartered in Baar, is acquiring Biro Edwin Bischof AG, the Romanshorn-based plastic products manufacturer with strong skills in multi-component injection moulding. Biro Edwin Bischof AG produces components for the European automotive industry on behalf of Sika, including sound absorbing parts and reinforcers for bodywork structures.
     

  • Doro acquires strategic technology and Android development resources

    Doro has acquired strategic technology and Android development resources for its growth strategy. Doro’s growth strategy includes further geographical expansion along with strategic launches of Android–based products and services to expand its offering to the world’s seniors.

  • Nordson Corp. acquires Belgium-based Constructiewerkhuizen G. Verbruggen NV

    Nordson Corporation announced it has entered an agreement to acquire Belgium-based Constructiewerkhuizen G. Verbruggen NV, a leading manufacturer of flat dies and co-extrusion equipment for the multi-layer flexible packaging industry.   The deal is expected to close within the next several days.  Terms were not disclosed.
     

  • Daikin Europe N.V. acquires Airfel, a Turkish Heating and Air Conditioning Manufacturer

    Daikin Europe N.V., a 100% subsidiary of Daikin Industries Ltd. headquartered in Osaka, Japan, announced an agreement with the principal shareholders to acquire 100% of the shares of Airfel with its headquarters in Istanbul, Turkey.

  • Capgemini acquires 100 per cent of Italian IT services provider AIVE Group

    Capgemini, one of the foremost providers of consulting, technology and outsourcing services, announced the acquisition of 100% of AIVE Group, one of the leading Italian IT service providers, from 3 primary private equity funds (Emerald, Fidia and Athena Private Equity) and AIVE’s management .
     

  • Delcam acquires 25% holding in Fabbify Software GmbH

    Delcam, the world’s leading specialist supplier of CAM software, has acquired a 25% holding in Fabbify Software GmbH, a new, Bremen-based software development company specializing in additive manufacture.

  • Ampac Acquires Swiss Flexible Packaging Firm Elag Verpackungen AG

    AMPAC Holdings LLC, a global strategic leader in the food, pet food, retail, security and medical packaging markets, announced the acquisition of flexible packaging firm ELAG Verpackungen AG, based in Kirchberg, Switzerland.
     
    AMPAC’s strategic focus on innovation has established the company as the global leader in creative flexible packaging. With the acquisition of ELAG, AMPAC will further expand its global capabilities to create and bring-to-market innovative flexible packaging concepts around the world.

  • Peab acquires 65 per cent of the shares in Terje Hansen AS

    Peab has signed an agreement to acquire 65 per cent of the shares in Terje Hansen AS. The company conducts manufacturing and paving of asphalt in the greater Oslo area. Terje Hansen has about 45 employees and had sales amounting to NOK 144 million during 2010.

    The acquisition is dependent on the approval of the Norwegian Competition Authorities.

  • Boats.com acquires the innovative European portal Allboats.com from BoHil Media

    Boats.com the leading online marketplace for boat buying and selling, owned by Dominion Marine Media, has acquired the innovative European portal Allboats.com from BoHil Media, a division of The Telegraaf newspaper group based in Amsterdam.

    The Allboats websites and its content will merge with the existing Boats.com business and brand to become the largest of its kind, with over 700,000 boats for sale in 171 countries - representing a total value of over €135 billion.

  • Delen Investments acquires 70% stake in JM Finn & Co

    Ackermans & van Haaren (AvH), the diversified Belgian investment group, through its wealth management affiliate Delen Investments, has agreed to acquire a major stake in JM Finn & Co Ltd, a prominent London based wealth manager.

  • H2 Equity Partners buys JET Group and PR Group

    Investment Company H2 Equity Partners announced that it has acquired 100% of the shares in JET Group and PR (Plastic Rooflight) Group, the latter consisting of BIK, Vaculux and Cox Building Products. JET and PR Group were part of the European rooflight and ventilation business of CRH plc, the international building materials group.

  • Poland is bending the law to get free emission allowances for its planned coal-fired power stations

    Polish authorities have granted greenhouse gas permits to 13 ineligible, unbuilt coal power plant projects in a bid to make them qualify for free emissions allowances under the EU emissions trading scheme (ETS). Environmental law organisation ClientEarth says that Poland is breaching both EU and national law to gain financial advantage for its power sector. The ETS is intended to discourage high carbon investment.

  • Barclays to sell a portfolio of its private equity fund interests to AXA Private Equity

    Barclays Bank PLC has signed a definitive agreement to dispose of a €520 million (£460m) portfolio of US and European private equity interests held and managed by Barclays Capital, its investment banking division, to AXA Private Equity.

    The portfolio includes investments in private equity funds as well as several direct private equity interests held by Barclays Capital. The portfolio does not include any investments managed by Barclays Private Equity.

  • Schlumberger purchases Remaining Equity Shares of Norway based Framo Engineering AS

    Schlumberger announced Tuesday the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS.

    Framo Engineering is a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems, multiphase metering systems, and swivels and marine systems to the oil and gas industry.  The closing of the transaction is subject to regulatory approval.

  • ZAGG Acquires leading Irish mobile device accessories company, iFrogz

    ZAGG Inc. announced it has acquired privately held iFrogz Inc, a leading mobile device accessories company specializing in lifestyle audio products and protective cases, for approximately $105 million.

    Robert G. Pedersen II, co-founder, president and CEO of ZAGG, said the transaction represents an exciting next step in ZAGG's evolution, and gives the company scale within the rapidly growing protective cases and audio products markets by allowing it to immediately broaden its product line and drive the growth of its retail footprint.
     

  • German Pellets GmbH acquires Blieninger Group with its “FireStixx” and “pelprotec” brands

    German Pellets GmbH Wismar has acquired the Blieninger Group, headquartered in Vilsbiburg, Germany, with its brands “FireStixx” and “pelprotec”.

    The subsidiary FireStixx Holzenergie GmbH is one of the leading wood pellet retailers in the German-speaking regions of Europe, and its “FireStixx” is the best-known wood pellet brand in Germany, Austria and Italy, followed by “German Pellets”.

  • SMA Solar Technology to acquire Polish electromagnetic components manufacturer dtw Sp.z o.o

    SMA Solar Technology AG signed a purchase agreement to acquire dtw Sp.z o.o., one of Poland's largest manufacturers of electromagnetic components. The transaction is expected to be closed in July 2011 under the usual reserves. In acquiring one of its long-time suppliers, SMA is securing its position as a technology leader in the area of solar inverters.
     
    dtw specializes in making technologically innovative core components for manufacturing inverters, such as inductors, coils and toroidal transformers.

  • Sogefi to Purchase the Automotive Parts Group Mark IV Systèmes Moteurs

    Sogefi (CIR group), one of the leading world operators in the sectors of filters and suspension components for motor vehicles, has signed an agreement to buy the French automotive components group Mark IV Systèmes Moteurs from its American holding company Mark IV, LLC.

    Mark IV Systèmes Moteurs is one of the largest producers of air intake and engine cooling systems in the world with revenues of around 270 million euro in 2010 and some 1,200 employees.
     

  • Cloud computing and managed hosting leader wins top prize at ScotlandIS Digital Technology Awards

    iomart Group plc (AIM:IOM), has been named Scottish Digital Company of the Year. The Glasgow-based managed hosting and cloud computing services company, which was recently named as one of the top 25 cloud companies in the world, scooped top prize at the Digital Technology Awards 2011 hosted by ScotlandIS, the trade body for the information and communications technologies (ICT) industry.

  • Itella Group acquires the entire capital stock of OpusCapita Group Oy

    Itella Group acquired the entire capital stock of OpusCapita Group Oy, based in Tampere, Finland. The firm is specialized in the automation of cash processes and has 134 employees in Helsinki, Tampere, Stockholm and Copenhagen. OpusCapita will be part of Itella Information business group.

    The services of Itella Information cover entire financial management of customer companies from purchase to pay, order to cash and to as the most extensive option, the entire financial management and payroll.
     

  • Sentica Partners acquires Suomen Telecenter as part of the same Group with MediaPex

    In a corporate transaction managed by the private equity investor Sentica Partners, the company Suomen Telecenter Oy, becomes part of the group that includes MediaPex Oy, acquired in March 2010.

    Together the companies constitute by far the largest independent telemarketing player in Finland and aim to further improve and expand their service offering. The fund managed by Sentica Partners will remain the majority holder in the group’s parent company.

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