Kayalar Kimya has been acquired by Bancroft Group
März 2010 — A substantial stake in Kayalar Kimya, a leader in the Turkish industrial furniture paint and varnish market, has been sold to Bancroft Group, a mid-market regional private equity fund.
Founded in 1976, Kayalar Kimya is engaged in manufacturing furniture paints, varnishes and thinners. The company has production plants in Turkey and Spain. Kayalar Kimya is one of Europe’s largest paint and varnish manufacturers. The firm has a market share of 23% in Turkey, a range of 500 products and more than 4,000 domestic and international customers.
Founded in 1989 and based in Vienna, Austria, Bancroft Group is a private equity firm aiming to obtain controlling ownership position in mature companies headquartered in Central and South Eastern Europe. It targets companies in the telephone, cable television, media, heavy industry, cable harnesses, trucking, auto parts, financial services, postal services, paints, ceramic tiles, food processing and distribution sectors. Bancroft holds its portfolio companies for 3–5 years. The firm is currently (September 2018) seeking investment opportunities for Bancroft 3. The fund was launched in April 2008 with a US$275 million target. It will focus on investments in mid-size companies with enterprise value between US$55–165 million across CEE, Greece and Turkey. It intends to make two to three investments per year, seeking controlling stakes for US$22–38 million equity investments.
Unsere Rolle in der Transaktion
Oaklins’ team in Turkey acted as financial and strategic advisor to Kayalar Kimya and its selling shareholders in this transaction.
Sprechen Sie mit dem Deal-Team
Levent Bosut
Oaklins inHERA
Relevante Transaktionen
Dan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Weitere InformationenLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Weitere InformationenTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Weitere Informationen