Transactions - Consumer & retail

Aterno, a French manufacturer, distributor, and installer of high-end heating systems, was sold to Meeschaert Private Equity in a LMBO transaction.

Werhahn KG sold Alessandro International GmbH, a manufacturer of nail, hand, and foot care products, to the Wilde Group.

The shareholders of Grupo Turistore, the leading souvenir shop retailer in Mexico, completed a capitalization of shares subscribed by Nexxus Capital and Alta Growth Capital, two of Mexico’s most active private equity firms.

AwoX, a Euronext-listed group specializing in smart devices and smart home technologies, acquired the Belgian group Chacon.

Joyfood, a Polish producer of ready meals and healthy food, raised capital from private investors for further product development and sales channels extension.

Dumona, a French leader in professional substrates, potting soils, and production of plant‐growing material, was sold to DCM France, the French subsidiary of Groupe DC, a Belgian family‐owned group specializing in the production and distribution of plant care, animal care, and environmental care products.

Bio&Co, a retail chain of six shops offering organic products and services, was sold to InVivo Group, a multiactivity retailer, subject to approval from French competition authorities.

Arcado Group, a producer of meat delicatessen and specialty sausages, was sold to private equity investors in an MBO transaction.

Bechtle AG [ETR: BC8], the European IT retail leader with EUR 3.5 billion in revenue, acquired Inmac Wstore, the remaining European business of Systemax Inc [NYSE: SYX], a US‐based industrial group.

Pancioc S.p.A., an Italian company active in the quick–service-restaurant industry in Milan and owner of the Panini Durini brand, was acquired by a pool of investors coordinated by Astraco, an independent advisory firm, through a special purpose vehicle capitalized by the club deal.

Richard Wellock & Sons Ltd, a food distributor, was sold to William Jackson Food Group.

Prendamex, the leading Mexican pawn-shop operator, which operates more than 600 pawn stores (franchises and company-owned), sold its 126 company-owned stores to First Cash Financial Services (NYSE: FCFS), the global leader in the pawn industry.

The Middleby Corporation, a global leader in the foodservice equipment industry, acquired Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications.

Amsterdam Air, the leading French online retailer of Dutch and electric bikes, sold 100% of its shares to NOTUS Group.

Fin.-Imm. Chiorino S.r.l. sold 100% of Chiorino Technology S.p.A. to Arcadia SGR S.p.A., an Italian private equity firm. Chiorino Technology S.p.A. is active in the production and distribution of high-quality leather products.

Riedel, market leader in fruit juices and drinks, acquired Beyond Brands, with the owners of Beyond Brands to form the new management team of Riedel.

LHD Group Deutschland GmbH, a provider of professional and protective clothing, such as uniforms, protective gear, functional clothing, workwear and corporate fashion, acquired Guido Maria Kretschmer Corporate Fashion GmbH, which focuses on corporate fashion concepts and design.

Distribuidora Rancho Los Molinos S.A. de C.V., leader in the bulk seeds and hermetically sealed seeds industry, sold a stake to a group of private investors including the private equity fund Mexico Development I.

Ajinomoto Co, a global manufacturer of seasonings, processed foods, beverages, amino acids, pharmaceuticals, and specialty chemicals, through its Belgian subsidiary Ajinomoto OmniChem N.V., acquired a majority stake in Agro2Agri S.L. , a Spanish agrochemical consortium specialized in the production of bio stimulants.

Bid Corporation of South Africa acquired a majority shareholding in Pier 7 Foods, based in Gröbenzell, Germany, securing entry into the lucrative German food service market.