Roompot Vakanties will be acquired by the French private equity firm PAI Partners. Both parties have agreed to the transaction, subject to the finalisation of the advisory process with Roompot’s works council and the completion of the consultation procedure with the appropriate unions. The acquisition will enable Roompot to further grow its position as the largest provider of quality recreational accommodations in the Netherlands and accelerate the implementation of its development plans.
PAI Partners will acquire Roompot from Gilde Buy Out Partners, BNP Paribas Fortis, the current management of Roompot and the founder Henk van Koeveringe. The selling price is confidential and will not be made public, but is in conformity with market standards.
“The acquisition is in line with both our strategic ambitions and financial aspirations”, says CEO Jurgen van Cutsem. “We already are the largest player in the recreational sector in the Netherlands. The goal now is to further improve the quality of our parks and other accommodations, something we already started several years ago. Next to this, we are planning to expand and strengthen our current position by strategic acquisitions and the redevelopment of our current coastal locations.” Currently, Roompot is mainly active in the Netherlands, Germany, Belgium and France. The focus of the company, which is originally from the Dutch region Zeeland, will remain on coastal recreational parks.
Gaëlle d’Engremont, Partner at PAI Partners, commented: “Over the past years, PAI has invested significant time and resources in the hospitality and leisure space, which is a growing and attractive sector in Europe. We believe the holiday park segment will benefit from the long term trends that are reshaping the European leisure market, such as the reduction in the length of vacations, the need for closer destinations and the rise of premium and branded offering. We are delighted to be partnering with an outstanding management team led by Jurgen van Cutsem. Roompot is a unique asset and we look forward to supporting the team to successfully implement its growth strategy in the coming years. After B&B Hotels, this transaction is a further example of the firm’s long-standing commitment to and strong knowledge of the Consumer sector”.
The acquisition is a positive development for both guests and employees of Roompot Vakanties. After the acquisition, the workforce will be expanded in strategic locations. The new owner has also agreed that the current management will remain with Roompot for at least the next five years. Roompot and PAI Partners expect the acquisition to be completed around the end of September.
About Roompot Vakanties
Roompot Vakanties is the largest provider of recreation parks in the Netherlands. Roompot is active in managing and operating holiday resorts and camping sites, mainly in the Netherland, Germany, Belgium and France. The company’s head office is located in Kamperland, in the Dutch region of Zeeland. Over the last year, nearly 2 million people visited Roompot parks, with the total number of overnight stays exceeding 10 million. The holiday parks and campsites of Roompot are beach and sea-adjacent or in the midst of nature.
About PAI Partners
PAI Partners is a leading European private equity firm with offices in Paris, London, Luxembourg, Madrid, Milan, Munich, New York and Stockholm. PAI manages €8.3 billion of dedicated buyout funds. Since 1994, the company has completed 60 transactions in 11 countries, representing c. €41 billion in transaction value. The company invested, among others, in United Biscuits (biscuits), Hunkemöller (lingerie), Swissport (airport services), AS Adventure (outdoor equipment retail) and B&B Hotels (budget hotels). PAI is characterised by its industrial approach to ownership combined with its sector-based organisation. They provide the companies they own with the financial and strategic support required to pursue their development and enhance strategic value creation.
Nordstjernan becomes new main owner in publicly listed Swedol – acquires more than half of the Zetterberg family’s shares
Nordstjernan acquires 29.9 % of the share capital and 29.7 % of the votes in Swedol from the Zetterberg family’s holding company Zelda. The acquisition is made at a price of 20 SEK per share. The Zetterberg family retains 21.5 % of the share capital and 29.7 % of the votes. Zelda has committed to reclassify 5 million Class A shares into Class B shares.
Swedol is a leading player within the sale of high quality goods to the professional market through its own stores, mail order and e-commerce. The operations include four customer segments – building & plant, industry & workshop, agriculture & forestry and haulage & transport. The company had a turnover in 2014 of 1.4 billion SEK.
Boston, MA, August 9, 2016 – Press Ganey (NYSE: PGND), a healthcare performance improvement company, announced that it has entered into a definitive agreement to be acquired by EQT Equity fund EQT VII (“EQT”), part of the global private equity group EQT. Under the terms of the agreement, EQT will acquire all of Press Ganey’s common stock. Shareholders of record will receive $40.50 in cash per share of Press Ganey common stock, resulting in an enterprise value of approximately $2.35 billion. The offer price represents a 20% premium to the year to date volume-weighted average price and a 62% premium to the initial public offering price for the common stock. The acquisition of Press Ganey represents EQT’s first direct EQT Equity investment in North America.
FIELDS Group is pleased to announce that they have a Agreement reached to acquire 100% of the shares of SULO EMBALLAGEN GmbH. SULO develops EMBALLAGEN and produces steel drums for the chemical and food products industry and is based in Herford, North Rhine-Westphalia. The company is a of the leading suppliers
of steel drums in Germany and has more than 90 years in the market active. The annual turnover is approximately € 40 million. The company is sold by Plastic Omnium Environment, the environmental division of Compagnie Plastic Omnium of France. The acquisition will be completed in the coming months.
Anne Willem de Vries from FIELDS GROUP ”
Sulo EMBALLAGEN produces high quality steel barrels large volumesen therefore fits the profile of FIELDS Group. The acquisition will SULO EMBALLAGEN enable the activities based on its high quality and good customer relations in the years to further expand. Henry Freudenreich, CEO of SULO EMBALLAGEN adds: “By working together with FIELDS Group we can benefit from the extensive experience and expertise of FIELDS Group in the field of high quality, high volume production. Together with FIELDS Group SULO EMBALLAGEN activities develop its current and adjacent markets and we continue our clients and meet their needs for packaging and of steel.
IK Investment Partners (“IK”) is pleased to announce that the IK VIII Fund has reached an agreement to acquire Ellab A/S (“Ellab” or “the Company”), a leading manufacturer of thermal validation solutions, primarily used for validation for food and pharmaceutical industries, from a group of private investors. Financial terms of the transaction are not disclosed.
Founded in 1949, Ellab is a leading global supplier of solutions for measuring, recording, monitoring and validating critical parameters of thermal processing, selling its products in over 65 countries across the globe. The Company offers a wide product range of high-precision systems for temperature, pressure and humidity monitoring and validation based on either data loggers or thermocouple based wired instruments. Ellab’s products are used by the pharmaceutical and food industry as well as hospitals, where accurate and complete documentation is essential.
Sunrise Medical announced today the acquisition of Handicare’s Mobility division, headquartered in Helmond, the Netherlands. This follows the acquisition of Sunrise Medical by Nordic Capital that was announced in June 2015.
The Handicare product lines that form part of this acquisition are limited to mobility products such as wheelchairs, scooters and rollators. All other Handicare product lines such as Accessibility, Patient Handling, car adaptations etc. are not part of this transaction.
Handicare’s Mobility business with divisions in Norway, Sweden, Denmark, Holland, Belgium, Germany, France and Canada, will expand Sunrise`s geographic and product reach. Sunrise Medical’s annual sales post transaction will well exceed €400m, cementing their leadership position as the single biggest Premium Mobility Company globally.
Thomas Rossnagel, President and CEO of Sunrise Medical, is excited by the opportunity that this acquisition presents, “Sunrise Medical has seen very strong growth over the past five years, organically and by way of strategically important and successful acquisitions. To now acquire Handicare’s Mobility business makes perfect commercial sense. This business is highly complementary to Sunrise Medical’s, geographically as well as from a product perspective”.
Johan Ek, Handicare’s Chairman and acting CEO, added: “Sunrise Medical is the perfect home for continued successful development of our mobility business. Handicare Group will now have the opportunity to further focus on investing and growing our remaining business segments.”
Sunrise Medical’s intention is to integrate Handicare’s Mobility business over the course of the next 12-18 months. To facilitate a smooth transition, a brand license agreement has been signed allowing Sunrise Medical to continue to use the Handicare brand/logos for their mobility product lines for an agreed period of time. All other product related brands, name rights and all Intellectual Property rights relating to Handicare Mobility`s products will transfer to Sunrise Medical upon closing of the deal which is expected to take place by the end of September 2015.
Paris, 3rd August, 2016
– Ardian, the independent private investment company, today announces the signing of an agreement to acquire the shares of Ascendi Group in Ascendi PT II, the joint venture in Portuguese motorways.
Ascendi PT II was formed in June 2015 as a partnership between Ardian Infrastructure and Ascendi, and owns and operates five motorways in North Portugal and the Lisbon area.
As part of this new transaction, Ardian Infrastructure will take control of the five jointly held assets, as well as two additional toll roads from Ascendi. Ardian will pay Ascendi a total consideration of €600 million, to which €53 million can be added via a variable price mechanism. Ardian will also acquire the operational and maintenance companies associated with the motorways.
The Ascendi network is the second largest motorway network in Portugal, stretching more than 850km across the seven toll roads, which employ 500 people.
Apax Partners creates a new maritime group to service customers with integrated offering of broadband communications, digital solutions, bridge electronics and on-board maintenance
Oslo/Paris/Rome, 1 August 2016 – Apax Partners has signed a definitive agreement to acquire Telemar Group from its current shareholders.
The combined activities of Telemar and Marlink will create the world’s leading maritime communications, digital solutions and servicing specialist for all customer segments at sea including: Shipping, Offshore, Cruise & Ferry, Yachting and Fishing. Marlink and Telemar customers will benefit from an unmatched integrated servicing offering, covering all existing maritime communication and navigation technologies. The newly combined group will generate US $450 Million in revenues with more than 800 employees worldwide serving at least 1 in 3 vessels operating globally.
The new group will be positioned to deliver unrivalled service excellence and support for maritime customers through an enhanced global footprint and worldwide sales and service locations. With a global 24/7 helpdesk, specialised competence centres, local presence on all continents and a network of 1000 service points staffed by highly qualified, certified service engineers, the group will support the global maritime business to operate smarter and safer.
Earlier this year, Apax Partners completed the acquisition of Marlink, transforming it into a provider of tailored communications solutions that enable both maritime and enterprise customers to digitalise their own operations at sea and on land. The technology expertise and service delivery commitment of Marlink and Telemar, combined with established and strong satellite network operator and bridge electronics manufacturer relationships, enables the new group to bring the power of broadband communications, maritime bridge technology and service excellence to its customers globally to further optimise vessel operations and enable the digital vessel of tomorrow.