North Africa

CVC to buy Samsonite for $1.7bn(2)

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

CVC to buy Samsonite for $1.7bn

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

PE groups stalk Telecom Italia mobile arm

Buyout firms Permira, The Carlyle Group and Apax Partners are reportedly mulling separate bids for TIM, the mobile unit of Telecom Italia, in what would be Europe’s biggest ever buyout.

Montagu buys hair styling business from LDC(2)

Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.

Bowmark hones craft skills with new investment

The UK mid-market firm has bought Design Objectives, a UK paper crafts supplier, from an unnamed group of entrepreneurs to capitalise on the boom in home-made cards and scrapbooks.

Montagu buys hair styling business from LDC

Lloyds Development Capital has made an exit from the company behind iconic hair-styling brand ghd after just 12 months, selling it to Montagu Private Equity for £160 million.

Pensions expert defends Electra(3)

A leading pensions expert has defended London-listed Electra Private Equity, after the listed trust became the latest target for activist trade unions following a reduction in pension benefits for ex-employees of its portfolio company Lil-lets.

Actis does largest deal in South Africa this year(3)

Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.

Actis does largest deal in South Africa this year(2)

Emerging markets buyout firm Actis has bought freight company Fuel Logistics Group from a Rand Merchant Bank-led consortium, allowing the transport company to meet its Black Economic Empowerment objectives.

IFC and Aureos launch $3m environmental and social fund(3)

The International Finance Corporation, the private sector arm of the World Bank, and emerging market buyout firm Aureos Capital have set up a fund to improve the environmental and social performance of small companies in emerging markets.