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.

Benson Oak Capital

Megatech to Acquire Plastkov Group from Benson Oak

Benson Oak Capital recently announced a deal to exit Plastkov through the sale of its automotive holdings to Megatech. The sale, whose price is not known, includes three portfolio companies in the automotive injection molding business: Plastkov MR a.s., Plastkov Automotive s.r.o., and BTV Plast s.r.o.

Possibility of AVG IPO Raised by Enterprise Investors

Late last week Polish investment firm Enterprise Investors raised the possibility that AVG, the Czech security software firm in which EI is the largest shareholder, could be listed on the Warsaw bourse next year. Citing AVG's importance to the CEE region, EI's Dariusz Pronczuk indicated the firm's desire to have the company listed on a local stock exchange. Should the plans come to fruition, AVG could possibly be the largest IT Company on the Warsaw Stock Exchange while also being listed on either the New York or London Stock Exchange.

TA Associates Invests in AVG Technologies

In one of the largest private equity deal for CEE this year, Boston's TA Associates has acquired a 25% stake in AVG Technologies, the Czech computer security software developer. The USD 200 million acquisition was made through the purchase of proportional shares from all current shareholders.

Recordati Purchases Herbacos From Bochemie owned by Benson Oak

In a deal worth nearly EUR 19 million, Italian pharmaceutical group Recordati has acquired Czech pharmaceutical company Herbacos-Bofarma from Bochemie owned by Benson Oak. Recordati financed the purchase using current liquid assets. The deal is part of the overall strategy Recordati is employing to increase its presence in Central and Eastern European Markets.

Grapo Technologies Sells to Benson Oak

Grapo Technologies of Olomouc, Czech Republic has been purchased by Benson Oak Capital (BOC) who intends to invest CZK 100 million in the company. Benson Oak is based in Prague, investing primarily in Central and Eastern Europe.

BTV Plast Acquired by Benson Oak, Restructuring Announced

Benson Oak Capital, a Czech-based investment house, announced it had acquired a 100% stake in BTV Plast. Benson Oak plans to restructure and recapitalize BTV Plast, which has suffered heavily from an unknown level of debt.

Benson Oak Capital acquires 100% of Bochemie s.r.o.

Bochemie s.r.o., a leading manufacturer of cleaning, disinfection, and biocide products in central Europe and the owner of traditional Czech brand SAVO, was acquired by Benson Oak Capital.

Benson Oak Capital acquires 100% of ETA and Plastkov MR

Benson Oak Capital acquired electrical appliances manufacturer ETA a.s. and its subsidiary Plastkov MR, a Tier 2 automotive supplier.