The Russia-Chinа Investment Fund (RCIF) has acquired 23.1 per cent of JSC Detsky Mir from CJSC DM Finance, a subsidiary of Sistema JSFC, a publicly-traded diversified holding company. The total consideration of the transaction is RUB9.75 billion. Under the terms of the agreement, significant funds from the transaction will be invested in expanding Detsky Mir’s nation-wide network of stores and further developing its logistics platform. This will also extend its modern sales and distribution channels for children’s products throughout Russia and the CIS. Additionally, the Group is considering opportunities for international expansion in the mid-term perspective.   Kirill Dmitriev, CEO of

International aircraft leasing company Avolon has completed its merger agreement with Bohai Leasing. As a wholly-owned subsidiary of Bohai, Avolon’s shares have now ceased trading on the New York Stock Exchange (NYSE). Avolon CEO, Dómhnal Slattery, says: “The completion of our acquisition by Bohai is an exciting step in the development of Avolon. We are delighted to be part of Bohai and the wider HNA Group who share our ambitious growth plans. With a fleet of over 500 aircraft, we are now the world’s fourth largest aircraft leasing firm.   “The Avolon management team remains committed to the business and

Nordic Capital Fund VIII has acquired Cint, a specialist in insights data collection technology, from a large shareholder group that includes Prime Ventures, Creandum, Cipio Partners, the founder, and a group of individual investors and employees.. Nordic Capital will aid Cint’s growth in an industry where consumers are becoming increasingly mobile and digital, and brand marketing spend is shifting to online.   Fredrik Näslund, Partner at NC Advisory AB, advisor to the Nordic Capital Funds, says: "Nordic Capital is impressed by the quality and efficiency of Cint’s technology, its strong value proposition to its customers and the quick adoption of

Livingstone’s Debt Advisory team has advised MML Capital Parthers-backed CLEAN on its acquisition of Stevens Hatherley Holdings Limited, trading as Paragon Laundry.  Debt facilities were provided by Permira Debt Managers and Santander Corporate Banking.   CLEAN’s clients range from independents to leading global branded businesses from the hotel, restaurant, catering, food manufacturing, engineering and pharmaceutical industries. With five laundry production facilities, CLEAN prides itself in offering a professional, quality and customer focused service to a demanding customer base.   Paragon is a shareholder of the Brilliant Laundry Group, and services many of UK hospitality and workwear clients across a large geographical