CVC Capital Partners
CVC Capital Partners (CVC ) is a financial company from Luxembourg. The company is among the ten largest private equity companies in the world.
CVC created in 1981 as the European arm of private equity portion of the U.S. bank Citigroup. Since a management buy -out in 1993, the management of CVC owns the company.
CVC is involved in various businesses. Among other things, in France and the United Kingdom to companies such as Kwik -Fit (2002-2005), The AA ( 2004), Debenhams (2003), Halfords (2002) and Minit (2006). Among the largest acquisition investments in 2005 it was the purchase of 86 percent stake in the company SLEC Holdings. SLEC is the holding company of the Group, which operates the Formula 1, including the Formula One Administration, which owns the sporting exploitation rights to the Formula 1 In March 2006, CVC acquired the last 14 per cent stake in SLEC by the bank Lehman Brothers.
October 2006, 75 percent were acquired in the company PBL Media by CVC. In July 2007, CVC acquired the U.S. company Samsonite, the manufacturer of suitcases.
2009 CVC bought the business in Eastern Europe the brewery Anheuser -Busch InBev for about $ 3 billion and founded the StarBev. In 2012, CVC StarBev sold for 2.65 billion euros at the North American brewer Molson Coors.
CVC in Germany
In Germany CVC is involved in businesses such as Elster Group, Ista, Flint, Evonik Industries AG ( 25.01 percent since 2008 ) and the Metzeler Automotive Profile Systems. In July 2007, CVC acquired the Dywidag -Systems International (DSI ). Were now selling the portfolio companies November and Kalle.