Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Bancroft Group

Nowaco CE Up for Sale by CCMP and Bancroft

Posted Fri, 26/06/2009 - 14:58

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 in 2005. Bancroft is also seeking to sell its stake in Nowaco.

Final Review Pending for EBRD Investment in Bancroft III Fund

Posted Tue, 26/05/2009 - 14:54

Final review is pending for a proposed investment by the EBRD into Bancroft Private Equity's third fund, Bancroft III LP. The investment of up to EUR 30 million should be finalized near the end of June. If approved, the Fund is expected to comply with the EBRD's environmental, performance and social policies, as well as local and national health & safety, environmental, and social standards.

Major Slovakian Ice Cream Producer Mraziarne Acquired by Bancroft

Posted Mon, 08/12/2008 - 01:00

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.

Bancroft raises third CEE fund

Posted Wed, 14/05/2008 - 00:00

Bancroft Private Equity raises its third Central and Eastern Europe fund with a target size of € 250 million.