Fortress Investment Group is to acquire a significant portion of a EUR17.7 billion portfolio of non-performing Italian loans from UniCredit. At closing, the UniCredit transaction will represent the largest ever non-performing loan (NPL) transaction in Europe. Fortress began investing in Italian loans and loan servicing in 2000, with its
Law firm White & Case has advised The Smithfield Group, managing shareholder of Innovia Group, on the CAD1.13 billion (EUR810 million) sale of Innovia to CCL Industries. Innovia is a specialist in polymer banknotes and the producer of the UK’s new GBP5 note, which caused controversy when it was revealed
EuroMena has held the second and final closing of its third fund EuroMena III for a total consideration of USD150 million. The fund also held the first advisory committee meeting of EuroMena III in London at the headquarters of one of its major limited partners, the CDC Group. EuroMena
LeapFrog Investments has sold part of its stake in IFMR Capital to Standard Chartered Private Equity. The exit comes on the heels of a similar sale by LeapFrog to Fidelity’s Eight Road Ventures in November. Standard Chartered intends to invest up to USD50 million, with the first tranche of
Global investment bank GCA Altium has advised Piper and the company founders on the sale of Loungers, the UK café-bar and restaurant group, to Lion Capital in a deal worth GBP137 million. This marks GCA Altium’s 35th transaction in the consumer and retail space since 2014, adding to deals such
Advent International has agreed to sell its 93.29 per cent interest in Devin, a producer and distributor of bottled water in Bulgaria, to Spadel, a European family-owned company specialising in the production of natural mineral water, spring water and natural fruit drinks. The transaction values Devin at a EUR120 million
Munich-based industrial holding company Adcuram Group has acquired 98.57 per cent of luxury kitchen manufacturer Poggenpohl Möbelwerke, based in Herford (Northrhine-Westfalia). The transaction with the previous majority shareholder, Swedish-listed Nobia, which was signed on 19 December 2016, is still subject to customary regulatory approval. Poggenpohl, known for its Porsche-Design
Stirling Square Capital Partners, a pan-European mid-market private equity firm, has acquired AD Industrie, a French manufacturer of complex, critical sub-assemblies and components for the aerospace, defence and energy markets. AD Industrie was acquired for an undisclosed amount from majority owner Ingefin (a family holding company), and minority investors BPI
Volution Group, a supplier of ventilation products to the residential and commercial construction markets, has acquired the entire share capital of Breathing Buildings. The deal provides an exit for the company’s previous backers including MMC Ventures. Breathing Buildings is based in Cambridge, UK and was formed in 2006 by
UK peer-to-peer (P2P) finance platform Assetz Capital has lent a record GBP105 million to UK businesses in 2016 to date. Experiencing increasing growth during the year, including a final quarter when it lent as much as in the whole of 2015, Assetz Capital is now providing secured loans of GBP25
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
