M&A Deal Summary

Nordic Mezzanine, EQT and ICG Acquire Dometic Group

On January 1, 2001, mezzanine finance firm Nordic Mezzanine, private equity firm EQT and mezzanine finance firm ICG acquired consumer products company Dometic Group

Acquisition Highlights
  • This is Nordic Mezzanine’s 1st, EQT’s 2nd and ICG’s 6th transaction in the Consumer Products sector.
  • This is Nordic Mezzanine’s 1st, EQT’s 13th and ICG’s 4th transaction in Sweden.
Investment Fate
  • Dometic Group was sold to a consortium of financial buyers in 2005.
  • Dometic Group was sold to a financial buyer in 2011 for 12.0B SEK.
  • Dometic Group went public in 2015.

M&A Deal Summary

Date 2001-01-01
Target Dometic Group
Sector Consumer Products
Buyer(s) Nordic Mezzanine
EQT
ICG
Deal Type Buyout (LBO, MBO, MBI)

Target

Dometic Group

Solna, Sweden
Dometic Group is a provider of value-added products to the recreational vehicle and pleasure boat industries. Dometic Group was founded in 1922 and is based in Solna, Sweden.

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Buyer(S) 3

Buyer
DESCRIPTION

Nordic Mezzanine is an independent provider of mezzanine financing for buyouts, growth capital needs, and capital restructurings. Nordic will consider opportunities in a broad range of industry sectors and generally looks to invest in Scandinavia, Germany, Austria, Switzerland, the Netherlands and Belgium. The Firm's target investment size is €10 to €40 million. Nordic Mezzanine was formed in 1999 and is based in Helsinki with an additional office in London.


DEAL STATS #
Overall 4 of 28
Sector: Consumer Products M&A 1 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 3 of 9
Country: Sweden M&A 1 of 8
Year: 2001 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-01 Dyno Nobel

North Sydney, Utah, United States

Dyno Nobel is a commercial explosives company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-01 Jamo International Aps

Glyngore, Denmark

Jamo International Aps is the largest European producer of loudspeaker systems and home theatre solutions.

Buy -
Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 23 of 319
Sector: Consumer Products M&A 2 of 7
Type: Buyout (LBO, MBO, MBI) M&A Deals 12 of 84
Country: Sweden M&A 13 of 55
Year: 2001 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-01 Plantasjen

Kongsvinger, Norway

Plantasjen is a garden superstore chain in the Nordic region, providing a wide assortment covering the customers entire need for garden and terrace products as well as decorative flowers and in-house plants. Plantasjen was established in 1986 and is based in Kongsvinger, Norway.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-01 Eldon Holding AB

Madrid, Spain

Eldon Holding AB is a European manufacturer of metal enclosures for industrial, electronic and data & telecommunication equipment.

Buy -
Buyer

ICG

London, United Kingdom

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 33.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.


DEAL STATS #
Overall 67 of 294
Sector: Consumer Products M&A 6 of 11
Type: Buyout (LBO, MBO, MBI) M&A Deals 54 of 112
Country: Sweden M&A 4 of 11
Year: 2001 M&A 3 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 County Hotels

Buckinghamshire, United Kingdom

County Hotels owned 25 provincial hotels throughout England and Scotland. The hotels each had around 75 bedrooms and offered a range of leisure facilities, among them three golf courses. Notably, the company owned Burnham Beeches Hotel in Buckinghamshire, home to the England football team and England’s oldest hotel, the Royal Clarence Hotel in Exeter.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-26 Clydesdale Financial Services

United Kingdom

Clydesdale Financial Services is the consumer credit business.Financial Services has grown to become a key provider of store cards and interest free credit products to a number of retail clients including Scottish Hydro, Karen Millen and Focus DIY.

Buy £108M