Invest-IQ

Advent International sold Axtone S.A., Europe’s largest rail freight buffer manufacturer, to IK Investment Partners. Axtone S.A. (www.axtone.eu) The Axtone Group is a manufacturer of buffers and draw-gear devises for all types of rail vehicles. The Group manufacturers its products in five locations: Poland, Germany, Czech Republic, Russia and China. In January 2006, Advent acquired [...]

Dufa Deutek, a Advent International portfolio company, acquired Bengoss Comimpex, a Romanian dry mortar and core adhesives producer, for € 18.9 million. Dufa Deutek (www.deutek.eu) Dufa is Romania’s largest decorative paints producer. Dufa enjoys a 20% retail market share and has one of the strongest distribution systems in the industry. In 2007, the Company reached [...]

Advent International acquired LaborMed Pharma, one of the 20 largest pharmacy producers in Romania, from its founders. LaborMed Pharma SA (www.labormedpharma.ro) LaborMed Pharma, based in Bucharest, manufactures and distributes generic pharmaceuticals primarily for cardiovascular and central nervous system aliments. The company recently launched a portfolio of drugs for diabetes. Founded in 1991, LaborMed has its [...]

Advent International has agreed to acquire a 70% stake in KAI Group, Bulgaria’s largest manufacturer of interior and exterior floor, wall and decorative ceramic tiles. KAI Group (www.kai.bg) KAI Group is Bulgaria’s leading manufacturer of interior and exterior floor, wall and decorative ceramic tiles. Employing over 1,000 people, the Company operates from two international standard [...]

Advent International has completed the acquisition of a 70% stake in Bucharest-listed Ceramica Iasi, one of Romania’s leading ceramic bricks and clay roof tiles producers. Including new investments, the transaction total was € 35 million. Ceramica IASI (www.ceramica-iasi.ro) Founded in 1967 and located in eastern Romania, Ceramica Iasi is one of Romania’s leading ceramic bricks [...]