Morning all, Craig McGlashan here on Europe Wire duty from the London newsroom.
The specialty ingredients and chemicals distribution industry has had to meet several challenges in recent years – but has also offered some opportunities. That was part of the thinking behind our first deal of the day, as Waterland Private Equity partners with a group of companies to form the Specialty Ingredients Distribution Group.
Next, we’ve got a GP stakes deal to report involving Axa IM Prime and Patria Investments. We also take a look at how the European GP stakes sector differs from its US counterpart.
We then switch to fertility, where Astorg has agreed to acquire Fujifilm Irvine Scientific’s Medical Media Business as part of a wider play with two businesses it acquired last year.
Finishing on some people news, where Astorg has made a series of promotions.
Recipe for success
Waterland Private Equity has partnered with Lavollée, Firmalis and Sipa A Ch Berthier to form the Specialty Ingredients Distribution Group (SIDG), with a view to taking a leadership position in Europe via market expansion and innovation.
Read more on the deal, as well as some analysis on the sector, in the premium version of the Wire.
Up the stakes
AXA IM Prime and Patria Investments have each agreed to acquire 15 percent equity stakes in Latour Capitalin the latest deal in the burgeoning European GP stakes market.
Find out more about the deal and the European GP stakes sector in the premium version of the Wire.
Development
Astorg has agreed to acquire Fujifilm Irvine Scientific’s Medical Media Business.
More details on the deal and the wider fertility sector in the premium version of the Wire.
Promotion
Sticking with Astorg, the firm has just made a series of promotions.
Cheers,
Craig
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