Invest In EU News

  • Ryan acquires the Netherlands based Franke & Den Breems

    Ryan, a leading global tax services firm with the largest indirect tax practice in North America, announced the Firm’s continued international expansion with the acquisition of Franke & Den Breems, a respected Dutch tax law firm specializing in value-added tax (VAT) and real estate transfer tax advisory services.

  • Atkins buys additional expertise in the oil and gas sector through acquisition of Pöyry’s oil and gas business

    WS Atkins plc has acquired Pöyry’s 130 people-strong oil and gas business debt free for a cash consideration of EUR17.25 million. This acquisition considerably strengthens Atkins position in the buoyant oil and gas support services sector by bringing on board a world class front end design capability. It continues Atkins’ strategy of growing skills in its Energy business.
     

  • Mid Europa Partners completes acquisition of stake in Hungary’s leading CEE road freight transport company

    Mid Europa Partners announced Friday that it has completed the acquisition of a 49.05% stake in the leading CEE road freight transport company Waberer’s Holding Zrt through the acquisition of shares from Waberer’s founder and CEO, Mr. György Wáberer. The investment effected a €12 million capital increase in Waberer’s Holding.

    Waberer’s is the largest road transport company in Hungary and one of the largest road freight transport companies in Europe, operating a fleet of 2,300 trucks and generating revenues of €331 million in 2010.

  • Dynamatic Technologies buys German & Indian Operations of Eisenwerke Erla GmbH

    Dynamatic Technologies has acquired the German and Indian operations of the German based automotive component manufacturer Eisenwerke Erla GmbH through its wholly owned subsidiary, JKM Erla Automotive Limited.

  • Lenovo acquires Germany’s MEDION AG

    Lenovo, the world’s fastest growing major PC Company, Thursday announced that it is acquiring Germany’s MEDION AG, a leader in PC, multimedia products, mobile communications service and consumer electronics.
     

  • Odeon and UCI Cinemas acquires cinemas in Ireland from Entertainment Enterprises Group

    Europe's largest exhibition, Odeon and UCI Cinemas, is continuing to expand, acquiring nine cinemas and two pipeline cinemas (with a total of 77 screens) in Ireland from Entertainment Enterprises Group, reported Variety.
     
    In another move toward expanding its European presence, the continent's largest exhib, Odeon and UCI Cinemas, has acquired nine existing cinemas and two pipeline cinemas in Ireland with a total of 77 screens from Entertainment Enterprises Group, said Variety.

  • Zetes strengthens its expertise in RFID-based traceability solutions by acquiring Belgian company RFIDEA

    Zetes (ZTS), the European leader in automatic identification solutions and services for goods and people, purchased the Belgian company RFIDEA. RFIDEA delivers highly specialized solutions based on Radio Frequency Identification (RFID) Technology. Its expertise will reinforce Zetes’ offering of RFID-based solutions.

  • Brewin Dolphin acquires Ireland’s privately owned private client fund management company

    Brewin Dolphin has agreed to acquire Tilman, a privately owned private client fund management company, based in Ireland. Completion of the investment is subject to a number of conditions, including regulatory approval.

    The initial investment consideration is €20.8 million (£18.3 million) and will be paid upon completion, with up to an additional €15 million (£13.2 million) payable in December 2014 based on the performance of Tilman to September 2014. The entire consideration is payable in Brewin Dolphin shares, subject to certain lock in arrangements.

  • India’s Rishabh Instruments acquires 85% Stake in Poland’s Lumel

    Deal Curry Monday reported that Nashik-based Rishabh Instruments Pvt Ltd has acquired 85% stake in Poland-based Lumel S.A. The acquisition will give Rishabh footprint into the European markets and also an access to its technology and R&D capabilities, while Lumen will benefit from Rishabh's expertise in electrical and electronic instruments.

  • Clinipace Worldwide acquires Swiss based PFC Pharma Focus and its subsidiaries

    Clinipace Worldwide, a global digital clinical research organization (dCRO), and Swiss-based PFC Pharma Focus (PFC) jointly announced a definitive merger agreement under which Clinipace Worldwide has acquired all outstanding shares of privately-held PFC and its subsidiaries.

    PFC is a pan-European contract research provider focused on drug and medical device development services and regulatory consulting. The company is based in Zurich, Switzerland - with offices in Germany, Israel and India.

  • Frutarom Industries Ltd to acquire the Savory activity and assets of Chr. Hansen Italy

    Frutarom Industries Ltd is to acquire the Savory activity and assets of Chr. Hansen Italy (Christian Hansen ITALIA S.p/a, or Chr. Hansen) for a cash payment of approximately US$ 35.2 million.

    The activity's 2010 sales totaled approximately US$ 24.3 million (approximately €18.3 million) and its operational margin came to 15%. The data are based on unaudited documents provided by Chr. Hansen. The acquisition will be subject to the approval of antitrust authorities. Frutarom estimates that the acquisition will be finalized within the coming weeks.

  • Germany’s GMG acquires the Netherlands based Aurelon

    GMG, a leading developer and supplier of high-end color management software solutions, Thursday announced the acquisition of Aurelon, located in The Netherlands. Aurelon provides innovative, modular and scalable technology for the processing of digital information to any media that requires accurate graphic production and output.

    With the acquisition of Aurelon, GMG is strengthening its presence in the large-format print production market significantly and is continuing its strategic expansion beyond traditional market segments.

  • The Technical University of Denmark buys a T-Ray 4000® from Picometrix Advanced Photonix

    Advanced Photonix, Inc. Tuesday announced that the Lyngby campus of The Technical University of Denmark (DTU) has purchased a T-Ray 4000® from its wholly-owned subsidiary, Picometrix, for terahertz time-domain studies. Terahertz (THz) science and technology is a key strategic area of development for the Photonics Engineering department of the University.

  • Imtech N.V. acquiring Norwegian activities of the electrical services provider Elajo Installasjon AS

    Imtech N.V. (technical services provider in Europe) is acquiring the Norwegian activities of the electrical services provider Elajo Installasjon AS.  The acquisition will enable Imtech to further strengthen its position in the Norwegian market, especially in the economically thriving region around Oslo.

    On an annual basis, Elajo, which employs almost sixty people, generates revenue of around seven million euro in the Oslo region. The acquisition, which will be paid for in cash, will contribute directly towards the earnings per share.
     

  • India’s CG acquires Sweden’s Emotron Group

    India based CG announced it has acquired Sweden’s Emotron Group. The investment is for a consideration of €57.8 million. In the 2010 fiscal calendar, Emotron reported revenues equivalent of €37.3 million and EBIDTA equivalent of €4.4 million.

  • Thermo Fisher Scientific to acquire Sweden’s Phadia

    Thermo Fisher Scientific Inc. is to acquire Phadia, a global leader in allergy and autoimmunity diagnostics, from European private equity firm Cinven, for €2.47 billion (or approximately $3.5 billion) in cash.

    The transaction, which is expected to be completed in the fourth quarter of 2011, is expected to be immediately accretive to Thermo Fisher's adjusted earnings per share and accretive by $0.26 to $0.30 per share in 2012.

  • Toshiba Corporation to acquire Switzerland’s Landis+Gyr AG

    Toshiba Corporation, a world leader in electronics and social infrastructure systems, Thursday announced that it has entered into a definitive agreement to acquire the entire equity of Landis+Gyr AG.

    Landis+Gyr AG is a company incorporated in Switzerland and a global leader in energy management solutions for utilities. Toshiba Corp. will acquire Landis+Gyr AG from the company's shareholders and warrant owners.

  • Smiths Detection Wins €16 million German Contract for Advanced X-Ray Scanners

    Smiths Detection Wednesday announced a €16 million contract to  provide advanced X-ray systems for security checkpoints at Berlin’s new Brandenburg International Airport, scheduled to open in 2012.

    The order from the German Interior Ministry is for the Advanced Threat Identification X-ray (aTiX) systems, HI-SCAN 6040 aTiX and HI-SCAN 7555 aTiX, combined with innovative checkpoint modules for faster passenger throughput, and other security equipment.

  • SONAE to acquire 8 PC City stores in Spain from the Dixons Group

    Sonae, a multinational operating in specialized retail in Spain with the Worten, Zippy and Sport Zone brands, has reached an agreement in principle to a transaction involving the transfer of 8 PC City stores in Spain.

    As part of this agreement with the Dixons Group, negotiations are being actively carried on with the expectation that they will be concluded within a month. The stores are located in Palma de Majorca, Pamplona, two in Barcelona, three in Madrid and on the island of Tenerife.

  • US based Eaton Completes its acquisition of Germany based Internormen Technology Group

    US based Eaton Corporation, the diversified industrial manufacturer, Monday announced it has completed its purchase of the Internormen Technology Group. The transaction was first announced March 14, 2011. Eaton expects to gain considerable market share in Germany, as well as improve its global position.

  • The Ascott Limited acquires 100% shareholding in SNC Costes K, owner of Hotel K and an adjacent property in Paris

    CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has agreed to acquire 100% shareholding in SNC Costes K which owns the prime Hotel K and an adjacent vacant residential property in Paris based on an agreed asset value of €65 million (approximately S$118.4 million).

  • CPP Investment Board acquires 50% joint venture interest in CentrO Oberhausen

    The CPP Investment Board (CPPIB) and Stadium Group announced Friday that CPPIB has acquired a 50% joint venture interest in CentrO Oberhausen, a premier super-regional shopping and leisure centre in Germany, valued at €1.3 billion, from Stadium Group (Stadium). CPPIB's equity investment is €270 million. Stadium will retain its 50% interest in CentrO and will continue to manage the shopping centre.

  • Arminius acquires properties worth approx. €1 billion from Eurocastle

    Two investment vehicles run by Arminius Funds Management S.à r.l. (Arminius), as existing junior lenders, have acquired, as part of a loan restructuring, the controlling-majority stake in various SPVs holding 28 primarily commercial properties with a market value of approximately €1 billion. The seller is Eurocastle Investment Limited.

    Arminius will be committing additional funds for capital expenditures and tenant improvements to stabilize the portfolio over the next years.

  • H.I.G. Europe affiliated funds acquire the UK’s leading bed & mattress manufacturer

    H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, announced that funds advised by H.I.G. European Capital Partners LLP and its debt affiliate Bayside Capital have acquired Silentnight Ltd, the UK’s leading bed & mattress manufacturer.

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