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Tag Archives: Bancroft Private Equity

CityEx, Croation Package Delivery Company, Purchased By Bancroft

Bancroft Private Equity, a firm that focuses on Central and Eastern European companies, has acquired Croatian mail service company CityEx. CityEx currently delivers parcels and documents throughout Croatia, and is trying to expand to other countries. CityEx (www.cityex.hr) CityEx was founded in 2008, at a time when the Croatian government just began to loosen its [...]

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100% of Shares In Standard Profil Sold By Bancroft Private Equity Firm

Bancroft Private Equity Firm, a firm focused on companies in Central Eastern Europe and Turkey, has agreed to sell 100% of its shares in the automotive sealing supplier, Standard Profil, to the Ruia Group. Ruia is a leading conglomerate in the industrial field, with a strong showing in tire and rubber products, infrastructure and engineering, [...]

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Nowaco CE Up for Sale by CCMP and Bancroft

U.S. based private equity firm CCMP Capital Advisors is poised to sell its only Central European asset, Nowaco Central Europe. CCMP is looking to get roughly EUR 250 million for the Czech frozen food distributer, it paid EUR 90 million for the company in a joint purchase with Bancroft Private Equity from Denmark’s Nowaco A/S [...]

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Major Slovakian Ice Cream Producer Mraziarne Acquired by Bancroft

Bancroft Private Equity, in a press release, has stated that it acquired a 94.36% share of Mraziarne a.s. Presov. Mraziarne a.s. Presov is the Slovakia-based producer of ice cream. Frost s.r.o. Frost (Mraziarne a.s. Presov) is one of the largest producers of frozen fruit and vegetables, ice cream, fish, and ready made frozen meals in [...]

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Iberia Could Take On Hungarian Birds Under Low-Cost Wing

The low-cost wing of Spanish airline Iberia, Vueling, has shown interest in acquiring Malev, the Hungarian national carrier. Malev is [...]

Viennese PE Fund Lead Equities invests in German MCL-Group

Viennese firm Lead Equities has just invested in a 60-percent stake in German IT company MCL-Group. The majority-stake acquisition was [...]

Romanian tech start-up Summify is acquired by Twitter

Summify – a Romanian start up that uses social analytics data to create personalized news aggregation service for individual users, [...]

IT service provider EPAM Systems launches IPO

EPAM Systems, a global software development company with delivery centres across the Central and Eastern Europe region, announced the launch [...]

Sun Network Chief Joins Vyatta Board To Boost Cloud Business

Networking vendor Vyatta has recently added to its board of directors Sun Microsystems ex-Chief Networking Officer Geoffrey Baehr. The move [...]

Bulgarian telecom operator Vivacom being eyed for takeover

Four suitors, Telekom Austria, Turkcell of Turkey, Corporate Commercial Bank of Bulgaria and Icelandic businessman Thor Bjorgolfsson, are rumoured to [...]