Transactions

Tiger Brands sold its equity interest in Empresas Carozzi S.A. in Chile to Carozzi S.A., a public company listed on the Santiago Stock Exchange and the parent company of Carozzi.

ITQ Group, a major French player in electronic security technologies, acquired CI2T and Teles from Critel.

Repair Care International, a specialist in sustainable wood-repair solutions, was sold to Bolton Adhesives, a leading global adhesives manufacturer and part of the Bolton Group.

Servizi Italia, a provider of laundry and sanitisation services to hospitals, was sold to Cometa and Coopservice, through takeover bid.

Nordic Climate Group, a leading provider of services and installations of cooling and heating systems, acquired IJskoud B.V., a Dutch installation company focused on cooling, freezing, and air conditioning.

Nordic Climate Group, a leading provider of services and installations of cooling and heating systems, acquired six cooling specialists.

Clairfield advised the shareholders of RAS Group on its partnership deal between RAS SCI, the UK’s leading provider of supply chain assurance and compliance solutions, and CERTANIA, a global Testing, Inspection & Certification (TIC) specialist.

Growthpoint Properties Ltd announced the disposal of its entire shareholding in Capital & Regional plc to NewRiver REIT plc.

2AST, a French manufacturer of power generators, completed a primary majority LBO with Isatis Capital.

S11 Kft., operator of MyMums (“Gyerünk, anyukám!”), the #1 online gym and fitness community for women in Hungary, sold a 40% stake to ED Group Asset Management.

AWO Bezirksverband Unterfranken, a regional welfare association, sold Geriatrische Rehaklinik Würzburg, a geriatric rehabilitation clinic, to Universitätsklinikum Würzburg, a leading university hospital in Germany.

Audit Process, a hydraulic engineering company, was sold to Groupe Betem, a firm specialised in building and infrastructure projects.

Brewery Martens, Belgium’s largest family-owned brewery, acquired United Dutch Breweries (UDB) from GIMV and management.

Metair Investments Limited sold Mutlu Group, a Turkish automotive battery and energy storage manufacturing operation, to Quexco Incorporated, a privately held US-based industrial conglomerate.

Harbourfront Wealth Holdings, a leading Canadian independent wealth advisory and investment management firm, acquired Rothenberg Wealth Management.

ITQ Group, a major French player in electronic security technologies, acquired Exaqtworld.

Moog Luxembourg, a division of Moog Inc., a manufacturer of high-precision motion control products, was sold to AXXERON Technologies GmbH.

Powerfleet Inc. (NASDAQ: AIOT), a global telematics business, acquired Fleet Complete for US$200 million, creating a top three worldwide AIoT software-as-a-service organisation.

Grindrod Limited acquired the remaining 35% interest in the share capital of Terminal de Carvão da Matola (TCM) from Vitol Mauritius Limited, for a purchase consideration of USD 77 million (R1.36 billion).

Strutture Noleggio, a company active in the rental of prefabricated modules and containers, was sold to Tesya Group, a global leader in the provision of integrated B2B services and solutions across diverse sectors.