GED Capital, a private equity group operating in the mid-market segment in Spain, and Grupo Hervaz, holding company of the Vázquez Gavira family, have reached an agreement today for the sale of their stake in Procubitos Europe to Magnum Capital, one of the leading private equity firms in Spain and Portugal.

Swander Pace Capital , a private equity firm specialising in consumer products companies, announced today it has partnered with CDPQ and Roynat Equity Partners  to acquire a majority stake in St-Méthode Bakery, a supplier of healthy, value-add fresh bread products.

Apheon, a European investment firm, has acquired a majority stake in Salpa, a European producer of  high quality food ingredients for the industrial ice cream, dairy and confectionary sectors, from the Cherubini family and Equinox, an Italian private equity investor.

Hahn & Co, South Korea’s largest private equity firm, and Hillhouse Investment announced that it has completed the sale of SK Eco Prime, Korea’s leading biodiesel manufacturer. Hillhouse Capital will acquire 100% of SK Eco Prime.

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, has entered into an agreement with roadside assistance organisation the AA, and its majority shareholders, TowerBrook Capital Partners and Warburg Pincus.

PAI Partners has entered into an agreed to sell ELITech, a global manufacturer of in-vitro diagnostics, to Bruker Corporation

Inflexion, via its dedicated minority equity strategy, Partnership Capital Fund, is partnering with GlobalData to carve out its Healthcare division as a standalone entity in a transaction valuing the business at £1.1bn.

JC Flowers & Co, a private investment firm dedicated to investing globally in the financial services industry, has closed a $125m minority investment in Capital Funding Bancorp, Inc, the holding company for Baltimore-based CFG Bank.