Invest-IQ

Cinema City International acquired 100% of the equity of four companies from the Palace Cinemas’ chain in Hungary, Czech Republic and Slovakia. The operations of the sold entities add up to 15 multiplexes with 141 screens. The acquisition makes Cinema City the third largest cinema operator in Europe with 90 multiplexes, 866 screens and extends its [...]

More than four years after acquiring Calucem from Heidelberg Cement, Mid Europa has sold the company and its assets to Argus Capital Partners. The sale includes Calucem’s operations in Croatia, Germany, Singapore, and the U.S. Calucem (www.hca.com) Calucem, Inc. produces quick setting cements and calcium aluminate cement for use in the chemical, fertilizer, mining, and [...]

Turkey’s Memorial Healthcare Group (MHG) as agreed to sell 40% of the company’s shares to Qatar First Investment Bank (QFIB) and London’s Argus Capital. CEO Turgut Aydin will maintain sole ownership of the remaining 60%. The Aydin family intends to continue with healthcare as its main investment business despite the sale. They have also committed [...]

After confirming in May that Bulgarian bottled water producer Devin was on the sale block, the Soravia Group has now entered exclusive talks with Global private equity firm Advent International. The talks, which began on July 13th, are aimed at creating a deal to give Advent an 82% stake in Devin including Soravia’s 75.3%. At least [...]

Contaq Latvian Cable and ARGUS Capital Group acquired Latvian cable television company IZZI SIA / Tella Capital Limited for €20 million in junior capital provided by the Syntaxis Mezzanine Fund. One-hundred percent of Tella Capital’s shares were purchased. Klavins & Slaidins in Riga and Macfarlanes in London both served as advisors to Syntaxis Capital in [...]