FDBusiness.com

CVC Capital Partners to Acquire Autobar Group

 Breaking News
  • Brexit Deal Vital to Protecting Irish All-island Supply Chains Food Drink Ireland (FDI), the Ibec group that represents the food industry, has said the full implementation of the December Brexit deal was vital to protect complex all-island supply chains. The deal now needs to be put into a binding legal contract, there can be no black-sliding on clearly agreed commitments. At the launch of [...]...
  • GEA Cooling Systems For Pork Production in Russia At the end of last year, the pig slaughter and processing entity Agroeco-Yug signed a contract with the technology group GEA for the supply, installation and commissioning of an extensive cooling system. This plant will be built in the Voronezh region and will be one of Russia’s largest businesses for the slaughter and processing of [...]...
  • Modulfill Bloc FS-C Filler-seamer Block – Krones’ First Block Solution For Cans Premiered This is definitely something new – for the first time, beverage producers can buy, from Krones, an all-in-one solution for filling and seaming cans. This block is packed full of Krones’ knowledge coupled with state-of-the-art technology. Modulfill VFS-C Filler The Modulfill VFS-C is a volumetric can filler, suitable for both small and large output ranges. Depending on [...]...
  • The Best and Worst UK Supermarkets Aldi is the UK’s favourite supermarket for 2018, according to exclusive Which? research. The budget retailer has knocked Waitrose from the top spot, which it held for three years. Sainsbury’s finished in last position, with the least-satisfied in-store customers overall. Asda, Morrisons and Tesco, the other three largest supermarkets, complete the bottom half of the rankings. The [...]...
  • Branded Sales Outpace Own Label For First Time Since 2014 as Irish Shoppers Show Their Loyal Side The latest grocery market share figures from Kantar Worldpanel in Ireland, for the 12 weeks ending 28 January 2018, show continued growth for Irish supermarkets with branded goods leading the way. David Berry, director at Kantar Worldpanel, comments: “The recovery of branded sales began in late 2017 and has continued apace in the new year. Sales [...]...

CVC Capital Partners to Acquire Autobar Group

August 09
09:59 2010

Private equity group CVC Capital Partners is acquiring a majority stake in Autobar Group from Charterhouse Capital Partners, which will retain a significant minority stake. Autobar is one of Europe’s leading vending businesses, with around 100,000 customers in 11 countries in Europe and sales of Eur569m in the year to March 2010. Autobar supplies and operates hot and cold drink vending machines and ingredients, as well as snack and food vending machines, together with providing fully operated managed services and technical support.

CVC and Charterhouse believe that Autobar provides an exciting platform for growth within the European vending industry over the next five years. The sources of this growth are expected to include increased throughput in the existing machine park and deployment of new machines and acquisitions. Indeed, once it has completed the deal, CVC is expected to pursue an acquisition of Selecta, Autobar’s main European rival.

Closing of the transaction remains subject to regulatory clearance, and is expected to take place in September 2010.

Founded in 1981, CVC now has a network of 20 offices and over 220 employees throughout Europe, Asia and the United States. Today, CVC manages in total over $38b in funds and own 52 companies worldwide, with combined annual sales of over $96b.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • February 18, 2018Vinisud
  • February 25, 2018fish international
  • February 27, 2018Int'l Food Fair
  • February 27, 2018Warsaw Gastro Show
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements