Consumer goods & retail

Adveo, a French supplier of business and office supplies, sold Adveo Benelux, a wholesaler and distributor of business and office supplies, to PBS Holding AG.

Girasol Natural Products, a producer of all-natural emulsions and gels, sold a majority stake to Natural Planet Holding.

Czech ski-in ski-out Hotel Harmony Club was sold to Nordic Investors Group, together with RKE Holding and AKE Holding. Nordic Investors acquired both the real estate and the operations of the hotel in carve-out transaction.

GALERIA Karstadt Kaufhof and The Economic Stabilisation Fund (WSF) sold INNO SA/NV, a Belgian department store chain, to INNOvative Retail BV, a newly established company jointly owned by Axcent of Scandinavia and SKEL fjárfestingafélag.

Ricami NBM, part of Star New Generation SpA (SNG), sold its minority stake in Ricami NBM and reinvested in Gruppo Florence, as part of Gruppo Florence’s acquisition of SNG.

Newlat Food SpA of Italy, a unit of Newlat Group SA, agreed to acquire Princes Ltd, a Liverpool-based grocery products merchant wholesaler, from Mitsubishi Corp.

Alterra Capital Partners and other co-investors acquired Beverages HoldCo 2, a leading carbonated soft drinks and sparkling wine producer in South Africa.

Hruška, spol. s r.o., a grocery retailer, and its real estate arm Sempronemo s.r.o. were sold to Central European Retail Holding, owned by private equity fund Oriens.