M&A Deal Summary |
|
|---|---|
| Date | 2008-08-01 |
| Target | The Xella Group |
| Sector | Building Materials |
| Buyer(s) |
PAI Partners
Goldman Sachs Merchant Banking |
| Sellers(s) | Franz Haniel & Cie. |
| Deal Type | Divestiture |
| Deal Value | 1.6B EUR |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 16.2B EUR |
| Size | Mega |
| Type | Sector Agnostic |
PAI Partners is a European private equity firm that makes controlling equity investments in buyout transactions valued in excess of €300 million. PAI is particularly interested in 'investing in consolidating sectors and in markets where growth can be sustained through economic and financial market cycles.' Sectors of interest include consumer retail, professional distribution, building materials, infrastructure and utilities, media, IT, communications, food, consumer goods, healthcare, chemicals, automotive, aeronautics, paper & packaging, electrical appliances, and household equipment (heating, air-conditioning, security). The firms invest in the range of €100 - €300 million transaction. PAI was formed in 1998 and is based in Paris with additional offices in Madrid, Milan, Munich, Luxembourg, Copenhagen, and London.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 92 |
| Sector (Building Materials) | 2 of 3 |
| Type (Divestiture) | 2 of 7 |
| Country (Germany) | 2 of 5 |
| Year (2008) | 2 of 2 |
| Size (of disclosed) | 3 of 30 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-07-01 |
Atos
Bezons, France Atos is a digital services provider. Serving a global client base, the Group provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Cyber-security solutions, as well as transactional services through Worldline, the European provider in the payments and transactional services industry. Atos is focused on business technology that powers progress and helps organizations create their future firm. Atos was founded in 1982 and is based in Bezons, France. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-06-21 |
Chr. Hansen A/S
Horsholm, Denmark Chr. Hansen Holding A/S develops, produces and markets unique and innovative savory solutions (the non-sweet taste spectrum), including flavors, seasoning compounds and functional ingredients for the food industry, with special emphasis on the fields of processed meat and convenience food. |
Sell | $7M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 64 of 182 |
| Sector (Building Materials) | 1 of 2 |
| Type (Divestiture) | 7 of 12 |
| Country (Germany) | 6 of 8 |
| Year (2008) | 9 of 12 |
| Size (of disclosed) | 20 of 52 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-04 |
Alltel
Little Rock, Arkansas, United States Alltel Corp. is an owner and operator of a wireless network and has approximately 12 million wireless customers, both individuals and businesses. Alltel owns a majority interest in wireless operations in more than 100 metropolitan service areas and a majority interest in more than 200 rural service areas. |
Sell | $28.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-01 |
CIFA
Milano, Italy CIFA is a concrete equipment manufacturer offering full-line concrete equipments including concrete pumps, concrete mixers, plants, and formworks. CIFA was founded in 1928 and is based in Milano, Italy. |
Buy | €511M |
Franz Haniel & Cie. GmbH is a family-owned group of companies with holdings in a variety of sectors. Franz Haniel was established in 1756 and is based in Duisburg, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Building Materials) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Germany) | 1 of 1 |
| Year (2008) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-22 |
Bekaert Textiles NV
Waregem, Belgium Bekaert Textiles NV develops, manufactures, and supplies mattress textile products. Bekaert Textiles is headquartered in Waregem, Belgium. |
Buy | - |
