3i’s growth capital division has taken a 25 percent stake in Finnish mobile operator DNA Oy, previously Finnet Oy, as private equity interest in the maturing European telecoms sector shows no sign of waning.
Aberdeen Asset Management Growth Capital is using its local expertise to purchase a North Sea oil industry supplies company for approximately £15 million. Separately it is also backing a funeral services company.
EQT has sold its remaining stake in Symrise, a German flavouring business. With a total return of about €1.1 billion, the investment has proved to be one of the most successful European private equity deals to date.