A consortium comprising the Russian Direct Investment Fund (RDIF), Singapore’s Changi Airports International (CAI) and Russia’s Basic Element is to acquire Vladivostok International Airport in Russia’s Far East from Sheremetyevo International Airport. Upon regulatory and corporate approvals, the consortium will own 100 per cent of JSC Terminal Vladivostok which owns

Global law firm Dechert has advised Mid Europa Partners on its acquisition of Profi Rom Food, the largest supermarket chain in Romania, from Polish Enterprise Fund VI.  This is the largest deal ever completed by a private equity fund in Romania and the largest retail deal in the country’s history.

Venture capital firm Draper Esprit has acquired a 30.77 per cent stake in Elderstreet Holdings, the holding company of Elderstreet Investments, with an option to acquire the balance of the Elderstreet shares in due course.  Elderstreet is a UK venture capital trust (VCT) manager. It manages Elderstreet VCT which currently

Private equity firm Wellspring Capital Management has completed its acquisition of Hoffmaster Group, a North American manufacturer of disposable tableware, from Metalmark Capital. Financial terms of the deal have not been disclosed.   “We would like to thank the Metalmark team for its dedicated support over the past five years,”

The Fund Incubator, an early stage venture capital fund manager previously known as Caledonia Capital Managers, has completed its buyout by a team lead by Stephen Geddes and Barry Lawson, two private equity veterans, who take full control of its day to day investment and fund management activities. Francis Madden,

Law firm Paul Hastings has advised HSBC, Lloyds and ING in relation to a new revolving credit facility which will replace Brammer’s existing financing upon Advent International acquiring the company. The proposed acquisition of the company by Advent International will proceed via a scheme of arrangement.   Brammer is a

Noerr has advised Passauer Neue Presse (PNP) on its purchase of the Donaukurier publishing group, effective 1 January 2017. Passauer Neue Presse is continuing its expansion course with this takeover.   In the past few years, PNP has already taken over newspapers in southern Bavaria. The present transaction is still

Mid Europa Partners, a private equity firm focused on Central and South Eastern Europe, is to acquire 100 per cent of shares in Profi Rom Food, the largest supermarket chain in Romania, from Polish Enterprise Fund VI. This is the largest deal ever completed by a private equity firm in

LeapFrog Investments has acquired a USD22 million majority stake in Kenya’s Goodlife Pharmacy, the largest direct investment in the East African retail pharmacy sector to date. The acquisition, from private equity firm Catalyst Principal Partners, is part of LeapFrog’s plan to diversify its private equity investments into a closely linked

Clearwater International has advised the shareholders of the UK’s MacDonald Humfrey (Automation) Limited on its cross-border sale to L-3 Communications, a New York headquartered provider of communications and electronic systems products used on military and commercial platforms. MacDonald Humfrey specialises in the deployment of checkpoint security and wider aviation solutions,