Financial Services Industry
Industry: Email Alert RSS FeedMontagu Private Equity cashes in on drugs packaging group.
Financial News, June, 2003
Byline: Caroline Meehan
Montagu Private Equity, the UK investment firm, has almost doubled its money in just over a year with the sale of Risdon Pharma, a pharmaceutical plastic packaging manufacturer.The [euro]125m ($147m) sale to Rexam, a global packaging group, is the second out of Montagu's French office this year. It sold Ampafrance, a baby pram manufacturer, for $240m in February.
Montagu is expected to clinch the [euro]500m deal to buy Actaris, a French provider of energy metering systems, from LBO France next week, according to a source close to the situation.
Montagu bought Risdon Pharma in March 2002 for an enterprise value of [euro]72m. Montagu was then a subsidiary of HSBC, which retains a 20% stake in the newly independent...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express