CapMan Russia made a first close worth EUR97 mln on its newly established CapMan Fund II late March. Nearly 3 per cent of that investment has been made in-house – by the investment team at CapMan Russia and by CapMan Plc – while the remaining has come from 10 other LPs – both new and [...]

The EBRD has decided to go for a second course of the Avallon MBO Fund with a kitty of EUR 27 mln this time. The transaction-specific fund will focus on MBOs and buy-ins in the small to medium-sized businesses, and aims to hit EUR 107 mln in investments. The Avallon II is following in the [...]

As 2012 comes to a close, the EBRD has effected what will be the largest syndicated deal this year in South East Asia via a financial package for existing client Atlantic Grupa, worth EUR 307 mln. The package is critical for the region, which is still undergoing the backlash effects of the economic crisis; the agreement [...]

Polish VC firm Innova Capital has acquired a majority stake of 52.8 per cent in EnergoBit, a Romanian electric engineering products and services company. The EBRD has also invested in a minority stake in the Romanian firm. Innova is one of the leading investment firms in the CEE region, and this purchase of controlling equity [...]

In a move that further strengthens the EBRD‘s Turkish interests, the bank has extended its funding to local leader in the pet food industry, Tropikal. The two-tranche loan will total EUR 4 mln and will fuel the company’s growth and working capital. Tropikal began its business with international brands, as a distributor; in 2003 it [...]

German Continental group, a premier tyre manufacturer, has recently taken a local-currency loan from the EBRD equivalent to about EUR 90 mln in order to set up a manufacturing unit in Central Russia’s Kaluga automobile cluster approximately 200 kilometers south of Moscow. The energy-efficient manufacturing unit will be partially funded by the rouble loan over [...]

The new BVPEF V set up by Baring Vostok earlier this month is seeing the EBRD invest a further USD 75 mln into the Russian PE market. The fund, which will focus on acquiring 15 to 20 assets in the high-potential growth category chosen among midcap companies, could involve support through business expansion, consolidation of units or even [...]

The EBRD will lend USD 55 mln to Polish food and beverage can maker Can-Pack to upgrade its Russian subsidiary to a more efficient manufacturing plant. The strategic investment will help Can-Pack compete more aggressively in the Russian market. The subsidiary - Ken-Pak Zavod Upakovki (CPZU) – already has a relationship with EBRD since 2008, when [...]

Only a year after attracting a EUR 3 mln investment from the European Bank for Reconstruction and Development (EBRD), CallPoint New Europe Bulgaria is seeing the bank pull off a successful exit. The original investment not only helped fast expansion of the company’s facilities and business, but also aided in attracting an investment from Canada’s [...]

In a bid to provide more microfinancing options to companies in Bosnia and Herzegovina, The European Bank for Reconstruction and Development (EBRD) has earmarked a EUR 4 mln loan to MF Banka. By supporting the micro and small enterprises (MSEs) in the area, the EBRD hopes to bolster the local economy. Mikrofin LLC, under whose [...]

The European Bank for Reconstruction and Development will be investing up to USD 50 mln in a new fund being set up to support small and medium-sized enterprises in Russia and the CIS. Under the terms, the new fund – Elbrus Capital Fund II – will receive an investment equal to 25 percent of total [...]

As part of its commitment to Turkish enterprise, the European Bank for Reconstruction and Development (EBRD) has earmarked up to EUR 20 mln towards the agribusiness industry in the nation. The funds will be made available in the local currency (Turkish Lira) and will be transacted through the Turkiye Vakiflar Bankasi (VakifBank). The moneys will be [...]

Trivon, a Swiss provider of broadband services operating in Russia under the Virgin Connect banner, has garnered a commitment from the European Bank for Reconstruction and Development (EBRD) for a USD 30.5 million investment. The company will used the funds to support organic growth of its own networks as well as acquire smaller operators across Russia, [...]

EBRD has sunk its teeth into the corporate sector in Turkey with its first and sizable investment of USD 25 mln (approx EUR 19.1 mln) into commodities operator Tiryaki Agro. This is the first such corporate sector equity investment for the bank in Turkey. The fund will enable implementation of the company’s growth plans across its [...]

The European Bank for Reconstruction and Development has recently approved a USD 23 mln loan to leading Ukranian agribusiness commodities operator Agrotrade.

The European Bank for Reconstruction and Development has divested its minority stake in Macedonian winery Tikves

UFG Private Equity has led a successful investment bid along with CapMan Russiaand the European Bank for Reconstruction and Development, for medical diagnostics provider KDL Test. While UFG took the lion’s share at 40.3 percent, EBRD now holds 24 percent and CapMan takes away 10.7 percent from the deal. The remaining 25 percent stake in the [...]

Speaking of Russia, year 2012 seems to be the “Year of Health” at EBRD. Two of their investments targeted the area of healthcare, which is taken here in its broadest sense: as meaning medical services and products but also as a preventive, healthy lifestyle  initiative.   Earlier this year, in a transborder transaction, the EBRD [...]

The European Bank for Reconstruction and Development (EBRD) has made yet another investment in the wind power sector – this time in Turkey – with a EUR 135 mln loan to Turkey’s leading private energy company, Enerjisa. The loan will be used to build a 142.5 MW wind power facility in Balikesir in the western [...]

The European Bank for Reconstruction and Development (EBRD) has agreed to an equity investment of up to EUR 50 mln in the CapMan Group for its new Guernsey-based operation, CapMan Russia Fund II. The investment cannot exceed 30 percent of total capital commitments. The new fund’s objective is to acquire significant minority holdings in companies [...]