Invest-IQ | Private Equity News – Europe

The London-based CVC Capital Partners announced their intentions to exit Dutch supermarket chain C1000. CVC had acquired controlling stake of 73.2% in C1000 for EUR 695 million from Ahold in 2008.  CVC took first round bids from several private equity firms and other buyers – BC Partners, Bain Capital, Dutch retailers Plus and Sligro Food [...]

The existing shareholders of Cordenka (CVC, Akzo Nobel and Acordis management) have agreed to divest the Cordenka group of companies, comprising Cordenka GmbH, Cordus GmbH and Cordenka Spzoo to Chequers Capital, a private equity investor. Cordenka, with activities dating back to the 1930’s is among the leading producers of industrial rayon yarns, dipped tire cord [...]