Permira
| Permira Holdings Limited
|
|
|---|---|
 |
|
| legal form | Limited Liability Partnership |
| founding | 1985 |
| Seat |
London , UK
|
| management | Kurt Björklund, John Coyle, Alex Emery, Tom Lister, Carlos Mallo, Cheryl Potter, Jörg Rockenhäuser, Brian Ruder |
| Number of employees | over 240 (2016) |
| Branch | Private equity |
| Website | www.permira.com |
| As of December 31, 2016 | |
Permira is a UK private equity firm based in London .
Permira was originally founded in 1985 as an investment company Schroder Ventures by the British investment bank Schroders by Nicholas Ferguson . In 1996 it became Schroder Ventures Europe , which in turn was renamed Permira ( Latin for 'very amazing') in 2001 . In the 2016 financial year, the company managed assets of around 32 billion euros ( AUM ) with over 240 employees at 14 locations .
Holdings
Participations in German-speaking countries
- TeamViewer AG , the manufacturer of the software of the same name , was taken over in May 2014.
- CABB , Germany, 2014
- Schustermann & Borenstein ( BestSecret ), December 2016
Shares sold
- July 2005: Permira sells Leica Microsystems to Danaher Corporation
- October 2005: Permira sells Little Chef to the Peoples Restaurant Group
- August 2006: Sale of Travelodge UK to Dubai International Capital
- December 2006: Sale of the stake in Rodenstock to Bridgepoint
- January 2007: Sale of the majority of Ferretti to Candover; Permira will initially retain a 10 percent stake
- July 2007: Sale of the Takko shares to Advent International for € 770 million
- July 2008: Sale of Debitel to Freenet
- November 2008: Sale of Jet Aviation for 2.45 billion Swiss francs to the US defense company and aircraft manufacturer General Dynamics
- June 2010: Sale of the shares in Cognis to BASF
- May 2011: Freescale Semiconductor goes public
- November 2011: Sale of Provimi Tierfutter, Netherlands, acquired in 2007 , to Cargill , USA for € 1.5 billion
- July 2012: Sale of the Valentino Fashion Group (excluding Hugo Boss), acquired in 2007, for around EUR 858 million to the Qatari investment company Mayhoola for Investments
- October 2014: Sale of Arysta LifeScience, acquired in 2008, to Platform Specialty Products for $ 3.5 billion
- March 2015: Sale of the remaining shares to Hugo Boss
controversy
From August 2007 to May 2015, Permira controlled more than 90 percent of Hugo Boss' share capital (through parent company Valentino). In March 2008 there were disputes with the executive board member Bruno Sälzer, among other things because of a special dividend of around 450 million euros requested by Permira , as a result of which Bruno Sälzer resigned from his position. The special dividend, financed only by taking out new loans and enforcing it by Permira, fueled the so-called locust debate in Germany .
At the ProSiebenSat1 broadcaster group, too, at the shareholders' meeting in June 2008 there was criticism from shareholder advocates because of a dividend payment of EUR 270 million, which was demanded by Permira, among others, and which is well above net income .
Web links
- Website by Permira (English)
Individual evidence
- ↑ a b Annual Review 2016 . Permira Holdings Limited, accessed July 12, 2018 (PDF).
- ↑ Schroder Ventures Europe becomes Permira , shortnews.de, November 12, 2011.
- ↑ TeamViewer sold to Permira for several hundred million euros, July 6, 2014
- ↑ Permira Funds to acquire leading German omnichannel premium fashion retailer Schustermann & Borenstein from Ardian
- ↑ Cargill completes acquisition of Provimi to create leading global animal nutrition business. (No longer available online.) Cargill, November 22, 2011, archived from the original on February 2, 2013 ; accessed on February 24, 2015 .
- ↑ Valentino goes to Qatar , tagesspiegel.de, July 13, 2012
- ↑ Valentino Sold to Qatari Group Mayhoola for a Reported $ 858 Million , The Cut , July 12, 2012
- ^ Platform Specialty Products in advanced talks to buy Arysta -sources. Reuters , October 3, 2014, accessed February 24, 2015 .
- ↑ http://www.handelsblatt.com/finanzen/maerkte/aktien/redundblack-lux-permira-t Jungs-vollstaendig-bei-hugo-boss-aus/ 11514066.html
- ↑ Carsten Dierig, Lutz Frühbrodt, Sebastian Jost: Hugo Boss arouses greed . In: The world . March 27, 2008 ( welt.de [accessed October 1, 2019]).
- ↑ ProSiebenSat.1: "Bet, six!" In: sueddeutsche.de . June 10, 2008.