Coty is to acquire ghd, a premium brand in high-end hairstyling appliances, from Lion Capital for approximately GBP420 million (USD510 million) in cash. The transaction will be funded with a combination of cash on hand and available debt facilities. Upon closing, the acquisition is expected to be immediately accretive to Coty’s earnings.

Pritzker Group Private Capital is to acquire ProAmpac, a flexible packaging company, from Wellspring Capital Management. Pritzker Group Private Capital and other co-investors are investing alongside the ProAmpac management team, which will remain a significant shareholder, continue to lead the company and serve on its board of directors.   The transaction

Cairngorm Capital Partners’ portfolio company Polyframe Group has acquired The Window Bureau (WB Group). Established in 1981, WB Group is a manufacturer of a range of GRP composite doors and PVCu doors and windows, which it supplies to the UK trade sector.   The company operates from a 70,000 square

Funds advised by Cinven, Permira and Mid Europa are to acquire Polish online marketplace Allegro Group from Naspers for USD3.253 billion.  Established in 1999, Allegro has more than 20 million registered users who carry out 14 million transactions monthly.   In addition, the group operates Ceneo, a price comparison platform

European jewellery retailer Thom Europe has acquired Stroili in Italy and is in the process of acquiring another jewellery chain in Germany. Stroili, which has over 370 stores and sales of EUR213 million, was acquired from a shareholder consortium led by Investindustrial and L Catterton (formerly L Capital) and including

AXA Investment Managers – Real Assets has acquired a 958 hectare forest known as “Domaine de Saint Augustin” in the Allier and Cher departments, France, for EUR21.5 million from a private vendor. The transaction has been undertaken on behalf of an AXA Insurance Company and brings AXA IM – Real

East African-focused private equity firm Catalyst Principal Partners has acquired a controlling stake in Zenufa Laboratories in Tanzania. Zenufa is a pharmaceutical manufacturers with its factory recognised by the Tanzania Food and Drug Administration (TFDA) as being fully compliant with Good Manufacturing Practices (cGMP) conforming with international guidelines and systems

Lower middle-market private equity firm Blue Sage Capital has completed its acquisition of Magnum Systems. Headquartered in Kansas City, with an additional manufacturing facility in Parsons, Kansas, Magnum, through its Taylor Products and Smoot brands, is a designer and manufacturer of branded packaging and material handling solutions.   The company’s

TLT has advised the management team at M247, an internet infrastructure and IT company, on its sale to network services provider Metronet (UK). Following the acquisition of M247, Metronet (UK) will be able to offer a combined portfolio of connectivity and content services including wireless network services, datacentres and managed