EV Group to Acquire Majority Stake in Cornelius Polska

Eurowag Acquires Inelo Group from Innova Capital

January 1, 2022

Transportation

Eurowag has agreed to acquire a 100% stake in Poland-based Inelo Group from Innova Capital for more than EUR 300 million. The acquisition adds Inelo’s telematics devices (≈87,000 connected trucks) and driver time management software to Eurowag’s pan‑European payments and mobility platform, expanding its product capabilities and geographic footprint across the commercial road transportation market in CEE and other European markets.

Cinven to acquire majority stake in Euro Techno Com Group from Carlyle

June 3, 2022

Telecommunications

Cinven has entered into exclusive negotiations to acquire a majority stake in Euro Techno Com Group (ETC Group), a France‑headquartered distributor of telecom and technology infrastructure products, from Carlyle. Founder and CEO Cédric Varasteh would retain a significant stake and Carlyle will reinvest as a minority shareholder; the Group has around 1,100 employees and generates more than €1 billion in annual revenues.

Headwall Group Acquires EVK DI Kerschhaggl GmbH

January 14, 2025

Industrial Services

Headwall Group, a Bolton, Massachusetts-based portfolio company of Arsenal Capital Partners, has acquired Austria-based EVK DI Kerschhaggl GmbH (EVK), a developer of industrial sensor-based sorting and inspection systems. The acquisition expands Headwall's hyperspectral imaging and sensor capabilities to better serve markets such as food processing, plastics recycling, and material sorting.

Cicor Group Acquires Significant Business Activities of Éolane Group

April 18, 2025

Manufacturing

Cicor Group has had its offer accepted by the Paris Commercial Court to acquire significant business activities of the French Éolane Group. The deal, closing April 22, 2025, adds around 890 employees and CHF 125 million of sales, expanding Cicor’s EMS footprint in France and strengthening its position in aerospace & defence, railway and nuclear technology markets.

European Imaging Group Acquires Majority Stake in Cyfrowe.pl

March 16, 2022

Retail

European Imaging Group (an AURELIUS portfolio company) has agreed to acquire a majority stake in Cyfrowe.pl, the leading Polish omni-channel retailer of high-end photo and video equipment. The deal positions EIG to expand its pan‑European specialist retail platform into Poland and Eastern Europe while keeping Cyfrowe's founder Jaroslaw Banacki in a shareholder and management role.

ČEZ Group Acquires 55.21% Stake in Czech Grid Holdings from Macquarie

March 20, 2024

Utilities

ČEZ Group has agreed to buy a 55.21% stake in Czech Grid Holdings (owner of GasNet and GasNet Služby) from Macquarie Asset Management for an enterprise value of approximately €4 billion. The transaction covers the Czech Republic's largest gas distribution network — roughly 65,000 km of pipelines serving 2.3 million connection points — and is expected to reach financial close in Q3 2024.