Taiwan Cement Europe Holdings B.V. Implements Squeeze-Out to Acquire NHOA

Sun European Affiliate Acquires CNC Holding BV

October 19, 2020

Manufacturing

An affiliate of Sun European Partners has agreed to acquire CNC Holding BV, a leading European producer and supplier of mushroom cultivation substrate, from Coöperatieve Nederlandse Champignonkwekersvereniging U.A. The transaction (terms undisclosed) will enable Sun European to support CNC's international growth and operational improvements; the deal is subject to customary regulatory approvals.

NTC Group Consolidates Ownership of Tenax Aerospace via Refinancing and Junior Capital Buyout

January 8, 2026

Aerospace & Defense

NTC Group completed a refinancing and buyout of junior capital that consolidates its ownership of Tenax Aerospace to approximately 80%, ending Bain Capital Credit’s investment. The transaction included new junior capital led by AEA Private Debt and senior debt facilities arranged by Regions Capital Markets to support Tenax’s next phase of growth.

PAI Partners Acquires European Camping Group

October 5, 2021

Consumer Products

PAI Partners has completed the acquisition of European Camping Group (ECG) from Carlyle, Ontario Teachers' Pension Plan and Montefiore Investment. Headquartered in Aix-en-Provence, France, ECG operates over 22,000 units across more than 310 premium campsites in Europe; PAI says it will support ECG’s next phase of organic growth and M&A to reinforce its leadership in outdoor accommodation.

TA Associates (via Project Neptune BidCo) Completes Tender Offer to Acquire Nexus AG

January 3, 2025

Software

TA Associates, through its holding company Project Neptune BidCo GmbH, completed a tender offer to acquire approximately 94.95% of Nexus AG at €70.00 per share and expects settlement in Q1 2025 subject to regulatory clearances. TA plans to take Nexus private, delist it from the Frankfurt Stock Exchange, and support the company's growth by investing in R&D, cloud and AI capabilities and pursuing strategic acquisitions.

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

Keystone Cement Transitions to Independent Operations as Heidelberg Materials Acquires Giant Cement Holding

April 1, 2025

Building Products

Keystone Cement Company will transition to independent operations under newly formed Keystone Cement Holding, Inc., effective April 1, 2025, and will remain part of Fortaleza Materiales Group. The move occurs alongside Heidelberg Materials’ acquisition of Giant Cement Holding, Inc.; Keystone is excluded from that sale and will continue operating its cement, aggregates and resource recovery divisions with leadership continuity.