For M&A, deal activity in November involved 93 deals in total, an increase of 15 deals year on year. A couple of the notable ones:
- Wellington Management Group LLP,STV Incorporated,Mubadala Capital, PayPal Ventures, Arbor Ventures and BluepoolCapital acquired a 13.33 per cent stake in Tabby FZ-LLC.
- MustiGroup Plc was acquired by Sonae SGPS SA and its existing management.
- Hotel ChocolatGroup plc was acquired by Mars Inc.
The most active sector (in number of deals) in November was Specialty Retail, as shown by Stitches UAE (being acquired by EIGHTClouds Private Equity), BergfreundeGmbH (by Decathlon SE) and Prenatal Moeder en Kind BV (by MutaresSE & Co KGaA).
Several potential acquisitions and exits are also being explored. To name a few:
- Netherlands-based fitness chain Basic-Fit is open to acquisitions.
- BencisCapital Partners-backed Dutch gym operator SportCityis on the market, with Houlihan Lokey advising.
- Dutch vegetable juice company Sapje is pursuing a buy-and-build strategy, whereby it is acquiring fellow vegetable juice producers to consolidate the European market.
- 3i Group-backed Dutch optical retailer Nexeye is undergoing a strategic review.
Read more in the December edition of our newsletter.
Contact
Follow us
