CVC Capital Partners
| CVC Capital Partners
|
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|---|---|
 |
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| legal form | |
| founding | 1981 |
| Seat | Luxembourg |
| Number of employees | 300 |
| Branch | Finance, investment |
| Website | www.cvc.com |
CVC Capital Partners ( CVC ) is a Luxembourg finance company . The company is one of the ten largest private equity companies worldwide.
CVC was founded in 1981 as the European arm of the private equity division of the US bank Citigroup . CVC's management has owned the company since a management buy-out in 1993.
CVC has interests in various companies. In France and the United Kingdom, among others, to companies such as Kwik-Fit (2002–2005), The AA (2004), Debenhams (2003), Halfords (2002) and Minit (2006). One of the largest acquisitions in 2005 was the purchase of 86% of the shares in SLEC Holdings . SLEC is the holding company of the Formula One Group , including the Formula One Administration , owner of the sporting exploitation rights to the Formula 1 World Championship . In March 2006, CVC acquired the last 14% of SLEC from bank Lehman Brothers .
In October 2006, CVC acquired 75% of PBL Media . In July 2007, CVC acquired the US company Samsonite , the manufacturer of suitcases.
2009 bought the CVC Eastern European business of the brewery Anheuser-Busch InBev for approximately 3 thousand dollars and founded the StarBev . In 2012, CVC sold StarBev to the North American brewery group Molson Coors for 2.65 billion euros .
CVC acquired around 60% of the bookmaker Tipico in 2016 and wants to collect points with new sports and modernized branches. CVC was already active in the sports betting sector before the Tipico purchase. Sky Bet has been a bookmaker since 2014 , before that CVC was already involved in William Hill .
In January 2017, CVC sold its shares in SLEC to Liberty Media .
At the end of April 2017, CVC acquired 80% of the shares in the Swiss luxury watch brand Breitling .
In June 2019, CVC bought the packaging division Bosch Packaging Technology .
CVC in Germany
In Germany, CVC holds stakes in companies such as Elster Group , Flint , Evonik Industries (25.01% since 2008), Parfümerie Douglas and Metzeler Automotive Profile Systems . In July 2007, CVC acquired Dywidag-Systems International (DSI) . The portfolio companies Novem, Ista and Kalle have since been sold .
CVC's business in Germany, Austria and Switzerland has been led by Alexander Dibelius since June 2015 .
Web links
Individual evidence
- ↑ See: Anheuser-Busch InBev sells Eastern European activities to CVC , www.finanzen.net: Profile of StarBev at www.cvc.com
- ↑ CVC Capital Partners press release , accessed August 8, 2012
- ↑ CVC buys Tipico - Joachim Baca new CEO. Retrieved September 22, 2016 .
- ↑ Christian Nimmervoll: Eight billion dollar deal confirmed: Liberty buys Formula 1. Motorsport-Total.com, September 8, 2016, accessed on January 24, 2017 .
- ↑ Sale of Bosch Packaging Technology. Retrieved August 8, 2019 .
- ↑ Dibelius joins private equity company CVC