Pillarstone Italy announced that they had finalised the full acquisition of Italy's Premuda and would invest 50 million euros ($53.5 million) to support the relaunch of the troubled shipping company. Pillarstone Italy is a platform set up by US private equity firm KKR to restructure ailing companies. The shipping industry is in an eight-year downturn due […]
The KNIME Summit, KNIME.com AG announced that equity investor INVUS has invested €20 million in the company to support its ongoing work in transforming the data science industry. “We’re excited to have an investor that truly understands open source and recognizes the potential for expanding across the enterprise,” says CEO Michael Berthold of KNIME.com AG. […]
Private equity firm Beaubridge is leading a GBP 2.5 million investment in Florismart, an online marketplace connecting florists throughout Europe. The Florismart platform is designed to allow florists to come together to create a competitive marketplace between suppliers resulting in greater product choice and improved prices for the florists with all their purchases delivered direct […]
Novomatic announced the acquisition of another major player in the German market, Casino Royal Group. The Austrian gaming operator Novomatic has expanded its German presence with this acquisition. The German Federal Cartel Office recently approved Novomatic’s purchase of the Casino Royal Group, one of Germany’s largest gambling hall businesses. Casino Royal operates around 3,500 gambling machines at 130 […]
Weinhold Legal, Divjak, Topic & Bahtijarevic, and Selih & partnerji have advised on the merger of entities within the Olympus group, as Croatia's Olympus d.o.o and Slovenia's OLYMPUS SLOVENIJA d.o.o. merged into the Czech entity, Olympus Czech Group, s.r.o., clen koncernu. The merger was registered on 1 March 2017. Selih & partnerji worked as Slovenian […]
More and more companies are pushing into new territories, counting on their ability to buy in talent and new business to expand. This has always been the case but now we are seeing increasing investment and risk taking on less developed countries, on a more frequent basis. In these transactions, you have the same issues […]
Amethis Finance and Metier partner to acquire a significant minority stake in Kenafric Industries Limited, the East African leader in the confectionery sector. Amethis Finance and Metier are pleased to announce their partnership with Kenafric Industries (“Kenafric”), in the acquisition of a significant minority stake in their packaged food business. The Kenafric Group was […]
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