Grupo Bimbo acquires Chilean bakery firm Alimentos Nutra Bien
Grupo Bimbo has acquired Alimentos Nutra Bien, a Chile-based cakes, cookies and brownies manufacturer. The announcement comes as Bimbo published strong full-year results: net sales were up 7.8% to MXN 288.27 billion ($15.06 billion) and operating income rose 5.9% to MXN 18.51 billion $967 million. Daniel Servitje, Grupo Bimbo CEO, said: “We closed the year […]
PE-backed Keepmoat considers £700M+ sale or IPO
TDR Capital and Sun Capital have started evaluating a sale or flotation of the housebuilder The private equity owners of UK housebuilder Keepmoat are seeking a potential sale or IPO that could value the company at more than £700 million. TDR Capital and Sun Capital are said to have hired investment banks Barclays and Moelis […]
Flavored water manufacturer has closed a $95 Million financing provided by Global Private Equity Partners
The water manufacturer plans to use the latest funding to fuel continued growth online and in retail stores Flavored water manufacturer has closed a $95 Million financing provided by Global Private Equity Partners. The water manufacturer plans to use the latest funding to fuel continued growth online and in retail stores. Available in more than […]
Kuehne+Nagel Buys Apex Logistics in $1.5 Billion Deal
Kuehne + Nagel International AG has agreed to acquire Apex International Corp. in a deal that values the freight forwarder at about $1.5 billion, according to people familiar with the matter. Kuehne + Nagel is going to buy a majority stake in Apex Logistics from North Asia-focused private equity firm MBK Partners, which invested in the company in 2015. […]
Gulf Capital completes sale of 70 per cent stake in Turknet
Gulf Capital, a leading growth markets alternative investment firm, has successfully completed the sale of its 70 per cent stake in Turknet Iletisim Hizmetleri (Turknet), an internet service provider in Turkey, to a consortium of buyers including the incumbent Celebiler Family and Re-Pie Portfoy Yonetimi (Re-pie) The sale generated a significant return for Gulf Capital […]
Allied bid wins G4S auction after long battle with GardaWorld
Allied Universal won a months-long takeover battle for Britain’s G4S, the world’s largest private security firm, on Monday after going head-to-head in an auction with Canadian rival GardaWorld. Shares in G4S, which had gained 80% since GardaWorld made its offer public in September, were down nearly 10% to 242.6 pence after Britain’s Takeover Panel said […]
Jubilant to get a slice of Domino’s Eurasia from Turkish PE Fund
Jubilant Foodworks Ltd, which runs the Indian unit of Domino’s Pizza, will acquire a company that owns a significant stake in the entity that operates the pizza chain in several Eurasian countries The Noida-based firm, through Jubilant Foodworks Netherlands BV, will buy Fides Food Systems Coöperatief UA from Turkish Private Equity Fund II LP. Fides, […]
Legrand acquires Champion ONE family of brands
Legrand, a global specialist in electrical, digital building, and data centre infrastructures, has acquired from A&M Capital Opportunities the Champion ONE (C1) family of brands, providers of optical networking components and solutions for the telecommunication, content provider, data centre, and enterprise markets. “The C1 family of brands complement Legrand’s previous acquisitions to provide strong world-class […]
3i Group acquires USD120m of equity in Wilson Human Capital Group
3i Group (3i Group) is to acquire USD120 million of equity in Wilson Human Capital Group (WilsonHCG), a specialist in talent solutions. WilsonHCG is widely known for its high-performance culture including its core values of collaboration, ownership, integrity, passion and communication. As a result, the Company is recognised as a leader by various industry trade […]
Dublin pub market holds firm as private equity drives sales
13 pubs sold in city in 2020, but provincial market at a standstill An influx of private equity money meant that the market for Dublin pubs did not collapse during 2020, as it did for pubs outside the capital. Thirteen Dublin pubs sold last year for a total of over €41m, compared to 16 transactions […]
