Deals
International law firm Taylor Wessing has advised Rutland Partners on the simultaneous acquisitions of AFI-Uplift in the UK, Access Rental Gulf in the Middle East and Hi-Reach in the UK for a combined enterprise value of circa GBP85m.
All three businesses are providers of powered access equipment rental for performing work at height. AFI also provides complementary services including safety related training and the resale of ex fleet and third party sourced machines. The triple acquisition cements AFI’s position as a leading operator in the UK market and creates an enlarged group that will be well positioned for further domestic and international
A consortium of the Russian Direct Investment Fund (RDIF), Titan International and One Equity Partners (OEP) has reached an agreement in principle with Cordiant to invest in Voltyre-Prom, a Russian agricultural and industrial tyre manufacturer.
The transaction is expected to be finalised in the near future.
As result of the investment the consortium will own a controlling stake in Voltyre-Prom, with Titan International becoming its managing partner. The consortium’s investment will allow Voltyre-Prom to update its operations, grow its production of specialty tires for international agricultural machinery, reduce imports by shifting production to Russia and begin to explore
The Abraaj Group is to acquire a 100 per cent stake in Fan Milk International (FMI), a West African manufacturer and distributor of frozen dairy products and juices.
Established over 50 years ago, FMI currently operates through subsidiaries in the rapidly growing markets of Ghana, Nigeria, Togo, Ivory Coast, Benin and Burkina Faso. The company has built and controls a unique and fully integrated regional manufacturing and distribution cold chain network, as well as a broad portfolio of convenience food and beverage brands that reaches over 31,000 end-sales points. FMI, through its subsidiaries, currently sells over 1.8 million products
Optimum Energy has completed a USD12.2m financing round, led by new investor Navitas Capital (backed by a venture capital advisory relationship with Johnson Controls) and including existing investor Columbia Pacific Advisors.
The financing round will accelerate Optimum Energy’s strategic focus on augmenting its next-generation energy optimisation solution.
"We’re thrilled with the strong interest from investors in our enterprise-class, data-driven optimisation solution," says Matthew Frey, president and chief executive of Optimum Energy. "This financing round will cement our position as the market leader in next-generation optimisation. And it will enable us to continue our research and development on cutting-edge
Maven Capital Partners has led an investment in HCS Control Systems via a buy-in management buy-out transaction (BIMBO) alongside the Simmons Parallel Energy Fund.
Maven and Simmons have each provided GBP4.25m of equity funding to support business growth, with additional investment from Front Row Energy Partners, a consortium of upstream industry specialists which invests in high quality energy service companies.
Headquartered in Glenrothes, Fife, HCS is a manufacturer of engineered mechanical, hydraulic and electrical systems for the subsea oil and gas sector. HCS’s integrated service offering includes design, engineering, specialist welding and fabrication processes. Established in 1997, the
Infinity Racing Partners has acquired a 35 per cent minority stake in Lotus F1 Team effective immediately.
The acquisition marks another milestone for Lotus F1 Team in its quest to become the leading outfit in Formula 1 racing. The team finished fifth in the 2011 Constructors’ Championship and fourth in 2012.
Infinity Racing is an investment consortium whose special purpose vehicle is comprised of private investors that include an American hedge fund manager, an Abu Dhabi-based multinational business group and royal family interests of a major oil producing nation.
Lotus F1 Team was previously 100 per cent owned
Farallon Capital Management’s investment funds have acquired 101,589,656 shares in Whitehaven Coal from entities associated with Nathan Tinkler (Aston Resources Investments and Boardwalk Resources Investments).
These shares represent approximately 9.91 per cent of the issued shares in Whitehaven.
The Farallon Funds have also agreed to purchase an additional 16,672,031 Whitehaven shares (approximately 1.63 per cent of the issued shares in Whitehaven) from ASM Equities Fund, subject to obtaining FIRB approval. The Farallon Funds also continue to hold a further 52,153,034 Whitehaven shares (approximately 5.09 per cent of the issued shares in Whitehaven).
Farallon believes the current market
Triogen Group, a supplier of waste heat recovery solutions, has closed a EUR6.5m financing round.
Wadinko NV joined as a new investor and led the round. Existing investors Yellow&Blue, Intervest and management also participated in the round.
The new funding builds on strong results to date and will be used to further accelerate growth within the EU and internationally, as well as to strengthen ties with strategic partners. Over the past years Triogen has expanded its reseller network and installed base to ten countries, proving commercial validation and operational robustness in a broad range of markets, regulatory environments
The Russian Direct Investment Fund (RDIF) and General Electric (NYSE:GE) are to create a joint venture (JV) for the construction of mini power plants for manufacturing companies across Russia.
The Memorandum will be signed at a ceremony on June 21st by Ron Pollett, GE President and CEO for Russia and CIS countries, and Sean Glodek, RDIF Director, at the Saint-Petersburg International Economic Forum. Jeff Immelt, GE Chairman and CEO, and Kirill Dmitriev, RDIF CEO, will also attend the signing.
Growing demand for individual electric power generation systems in Russia has been driven by growth of the industrial sector. The
Ashburton (Jersey) Limited is to form the international arm of a new asset manager that will become the fourth financial services franchise of FirstRand Limited alongside existing brands FNB, RMB and WesBank.
The new business takes its name from Ashburton, which has a long established track record of providing traditional products in developed and emerging markets, and which will now form part of Ashburton Investments.
These traditional offerings – currently managed on behalf of both international and Southern African investors – will be supplemented by the integration of the investment management businesses of BJM, RMB Private Bank
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
