CLASQUIN Acquires 63.52% Stake in TIMAR SA

SAS Shipping Agencies Services Acquires 42.06% of Clasquin, Launches Tender Offer for Remaining Shares

October 9, 2024

Transportation

MSC Mediterranean Shipping Company SA subsidiary SAS Shipping Agencies Services Sàrl has completed the acquisition of 42.06% of Clasquin SA shares from Yves Revol and OLYMP at EUR 142.03 per share, subject to regulatory clearances. SAS plans to file a tender offer with France’s AMF for the remaining Clasquin shares and intends to pursue a squeeze-out if conditions are met.

SAS Shipping Agencies Services Sàrl Launches Tender Offer for Clasquin

November 5, 2024

Transportation

SAS Shipping Agencies Services Sàrl (“SAS”) initiated a tender offer for the shares of Clasquin at €142.03 per share, with an offer duration of 25 trading days. The filing and offer document have been cleared by the French regulator (AMF), and SAS indicates it may pursue a squeeze-out if enough shares are tendered.

MidEuropa Acquires Controlling Stake in FAMAR

October 17, 2024

Pharmaceuticals

MidEuropa has acquired a controlling stake in FAMAR, a European contract development and manufacturing organisation (CDMO), from ECM Partners and Metric Capital Partners, with current shareholders and management reinvesting alongside MidEuropa. FAMAR employs around 1,900 people across six manufacturing sites and two R&D centres in southern Europe and will use MidEuropa's backing to support further growth and capability expansion in pharmaceutical manufacturing and R&D.

NAMAKOR Holdings Acquires Clôtures Frontenac Inc.

January 10, 2023

Building Products

NAMAKOR Holdings has acquired Clôtures Frontenac Inc., a Quebec-based manufacturer and supplier of residential, commercial and institutional fencing products. The founders will remain as advisors while NAMAKOR provides human and financial resources to accelerate organic growth and expand Frontenac’s geographic reach.

Equistone Partners Europe Acquires Majority Stake in TIMETOACT GROUP

May 7, 2021

IT Services

Funds advised by Equistone Partners Europe have acquired a majority stake in TIMETOACT GROUP, a Cologne-based IT consultancy and services provider. The TIMETOACT founders Felix Binsack and Hermann Ballé will remain as managing directors and retain a significant stake while Equistone will support the group's buy-&-build growth strategy.

CMA CGM Group Acquires Ingram Micro's Commerce & Lifecycle Services (CLS)

December 8, 2021

Logistics & Distribution

CMA CGM Group has signed an agreement to acquire most of Ingram Micro's Commerce & Lifecycle Services (CLS) business, including the Shipwire order-fulfillment platform, for an enterprise value of USD 3.0 billion. The transaction will be integrated with CMA CGM's subsidiary CEVA Logistics to bolster the group's contract-logistics and eCommerce capabilities, particularly across the U.S. and Europe; the CLS business reported approximately $1.7 billion revenue and ~11,500 employees in 2021.