Noerr

Solace Capital Partners-Backed CST Industries Acquires Ostsee Tank Solutions

Retrieved on: 
Tuesday, February 27, 2024

Solace Capital Partners, L.P. (“Solace”), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced that its portfolio company CST Industries, Inc. (“CST” or the “Company”), a global leader in storage tanks and covers, has acquired Ostsee Tank Solutions GmbH (“OTS”).

Key Points: 
  • Solace Capital Partners, L.P. (“Solace”), a leading private equity firm focused on providing creative capital solutions for middle market companies, today announced that its portfolio company CST Industries, Inc. (“CST” or the “Company”), a global leader in storage tanks and covers, has acquired Ostsee Tank Solutions GmbH (“OTS”).
  • OTS is a leading manufacturer of innovative tank solutions, including aluminum domes and covers, for various industrial applications.
  • CST plans to utilize OTS’s state-of-the-art facilities and solutions to expand production and global market usage of CST’s Optidome EUTM product line.
  • We are pleased to support the Company as it strengthens its position as a leading provider of storage tank, dome, and cover solutions,” said Christopher Brothers, Co-Founder and Managing Partner of Solace.

EQS-News: Mutares places second tap issue of its bond issued in March 2023 with a volume of EUR 100 million and strengthens basis for further development

Retrieved on: 
Tuesday, January 30, 2024

Munich, January 19, 2024 – Today, Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares") has decided to increase its EUR 100 million bond issued in March 2023 with maturity on 31 March 2027 (ISIN: NO0012530965) and tapped by EUR 50 million in May 2023 ("Bond") through an optional Tap Issue by an amount of EUR 100 million ("Tap Issue").

Key Points: 
  • Munich, January 19, 2024 – Today, Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares") has decided to increase its EUR 100 million bond issued in March 2023 with maturity on 31 March 2027 (ISIN: NO0012530965) and tapped by EUR 50 million in May 2023 ("Bond") through an optional Tap Issue by an amount of EUR 100 million ("Tap Issue").
  • The Management Board of Mutares had decided to further increase the bond, given the opportunities on the buy-side and optimal market conditions.
  • The strategic move is based on Mutares' excellent positioning with a very robust and attractive pipeline in all regions.
  • The net proceeds from the tap issue will enable Mutares to take maximum advantage of the opportunities that arise on the buy-side.

EQS-News: Montano Real Estate and Beyond Real Estate Holding acquire attractive multi-tenant commercial property in Erfurt, Germany

Retrieved on: 
Tuesday, November 7, 2023

Montano Real Estate and Beyond Real Estate Holding acquire attractive multi-tenant commercial property in Erfurt, Germany

Key Points: 
  • Montano Real Estate and Beyond Real Estate Holding acquire attractive multi-tenant commercial property in Erfurt, Germany
    The issuer is solely responsible for the content of this announcement.
  • Montano Real Estate and Beyond Real Estate Holding acquire attractive multi-tenant commercial property in Erfurt, Germany
    Munich, 3 November 2023 - Montano Real Estate GmbH ("Montano", www.montano.eu), a highly specialized partner for investments in commercial real estate, has added another attractive property to its commercial real estate portfolio together with Beyond Real Estate.
  • The cooperation with Beyond Real Estate was thus expanded to a portfolio worth over 400 million.
  • Further investments in German commercial real estate are planned for the coming months.

DGAP-News: Investment company EMERAM: Portfolio company ]init[ acquires Swiss Ironforge Consulting AG and strengthens international public sector business

Retrieved on: 
Monday, September 5, 2022

Munich/Berlin, 5 September 2022: ]init[ AG fr digitale Kommunikation, a portfolio company of the investment companies EMERAM and Rivean Capital, is expanding its international public sector business with the acquisition of the Swiss company Ironforge Consulting AG.

Key Points: 
  • Munich/Berlin, 5 September 2022: ]init[ AG fr digitale Kommunikation, a portfolio company of the investment companies EMERAM and Rivean Capital, is expanding its international public sector business with the acquisition of the Swiss company Ironforge Consulting AG.
  • Since 1 September, ]init[ holds 100 per cent of the shares in Swiss IT consulting firm Ironforge.
  • Ironforge Consulting AG is an established player in the Swiss market since 2009 with 35 employees.
  • Ironforge Consulting AG is an independent IT consulting company based in Muri near Bern and a subsidiary of the German ]init[ AG fr digitale Kommunikation since September 2022.

DGAP-News: GRAMMER designates two new candidates for the Supervisory Board

Retrieved on: 
Tuesday, April 12, 2022

Among other roles, she is Deputy Chairwoman of the Supervisory Board of Koenig & Bauer Group (SDAX; revenue > EUR 1 billion), where she also serves as Chairwoman of the Audit Committee - a position for which she will also be proposed on the Supervisory Board of GRAMMER AG.

Key Points: 
  • Among other roles, she is Deputy Chairwoman of the Supervisory Board of Koenig & Bauer Group (SDAX; revenue > EUR 1 billion), where she also serves as Chairwoman of the Audit Committee - a position for which she will also be proposed on the Supervisory Board of GRAMMER AG.
  • With the election of Ms. Rehm, the share of women among the shareholder representatives on the Supervisory Board would increase to 50%.
  • The share of women on the Supervisory Board as a whole would then be about 42%.
  • GRAMMER shares are listed in the Prime Standard and traded on the Munich and Frankfurt stock exchanges via the Xetra electronic trading platform.

Euclid Transactional Opens Copenhagen Office

Retrieved on: 
Wednesday, April 6, 2022

LONDON, April 6, 2022 /PRNewswire/ -- Euclid Transactional, a leading managing general agent focused on transactional insurance underwriting, today announced the opening of its new Copenhagen office which will be led by Vice President, Daniel Boda.

Key Points: 
  • LONDON, April 6, 2022 /PRNewswire/ -- Euclid Transactional, a leading managing general agent focused on transactional insurance underwriting, today announced the opening of its new Copenhagen office which will be led by Vice President, Daniel Boda.
  • "We've seen significant ongoing demand from clients in the Nordic region since launching our EMEA office in 2018 and are excited to offer additional support to this group through our new Copenhagen office," saidCarl Christian Rsi, Principal of Euclid Transactional EMEA.
  • Since its founding, Euclid Transactional EMEA has underwritten over 700 transactional risk policies, insuring deals with a combined value of over GBP 405billion.
  • Euclid Transactional, LLC is a managing general agency specializing in the underwriting of representations & warranties, tax liability, contingent liability and other transactional insurance coverages.

PPRO Acquires Alpha Fintech in Game-Changing Deal

Retrieved on: 
Tuesday, March 8, 2022

PPRO , the leading provider of digital payments infrastructure, today announced the acquisition of Alpha Fintech , a next-gen payments technology company.

Key Points: 
  • PPRO , the leading provider of digital payments infrastructure, today announced the acquisition of Alpha Fintech , a next-gen payments technology company.
  • Speaking about the deal, PPRO CEO Simon Black said: The acquisition of Alpha Fintech strengthens our position as both a global payments technology leader and trusted infrastructure partner to payment service providers, enterprises, banks and fintechs.
  • Oliver Rajic, CEO of Alpha Fintech, also welcomed the deal, saying: "We want to shake up and democratize payments.
  • PPRO is a fintech company that globalises payment platforms for businesses, allowing them to offer more choice at the checkout and boost cross-border sales.