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Credentials

Raiffeisen Investment has become one of the leading M&A advisors in Austria and CEE and has successfully been involved with more then 500 transactions. These range from multi-billion dollar deals to much smaller transactions for a wide variety of clients including government organisations, listed and unlisted companies, private equity firms and individuals. The following credential list represents a selection of deals in the relevant country or industry sectors.

2011 - Buy - Side Advisor to Wuppermann AG

wuppermannRaiffeisen Investment advised Wuppermann, a leading German manufacturer of steel products, on the acquisition of 100% of the share capital in Alpos Polska sp.z.o.o., a local manufacturer of steel tubes based in Malomice, Poland. The transaction was closed on September 29, 2011.

2011 - Buy - Side Advisor to Recordati

recordatinewRaiffeisen Investment advised Recordati, an European pharmaceutical group on the acquisition of 100% of the share capital of Dr. F. Frik Ilac A.S., a Turkish pharmaceutical company headquartered in Istanbul. The transaction volume came up to USD 130 mn (EUR 90.1 mn) and the deal was closed on September 13, 2011.

2011 - Sell - Side Advisor to BAWAG - P.S.K.

stiefelkönigRaiffeisen Investment advised BAWAG-P.S.K. on the sale of their shoe store chain Stiefelkönig to Leder & Schuh International AG . Sales documentation was signed on July 29, 2011. The transaction was closed on September 12, 2011.

2011 - Buy - Side Advisor to Delhaize Group

delhaizeRaiffeisen Investment advised together with its cooperation partner Lazard Delhaize Group, a Belgian international food retailer, on the acquisition of Delta Maxi, which is the leading retail group in Serbia. With a purchase price of EUR 932.5 million, it is the largest transaction in Serbia to date – making Delhaize Group one of the biggest retail chains in South-Eastern Europe. The transaction was closed on July 27, 2011.

2011 - Financial Advisor to the sellers of BirgiMefar Group

birgiRaiffeisen Investment advised the sellers of BirgiMefar Group, a leading Turkish pharmaceuticals contract manufacturing and services group, on the sale of its majority stake to two leading private equity houses, Ethemba Capital and NBGI Private Equity. The transaction was closed on June 30, 2011.

2011 - Buy - Side Advisor to ContourGlobal

cgRaiffeisen Investment advised on the largest M&A deal in Bulgaria in 2011– The acquisition of a 73% stake in the lignite-fired plant “Maritza East III” from Enel by ContourGlobal for a total consideration of 545 million Euros.

2011 - Sell - Side Advisor to Digitel Komunikacije

cityexRaiffeisen Investment advised Digitel Komunikacije on the sale of City Ex, Croatia’s leading and fast growing postal and courier services company to Bancroft Private Equity LLP. The transaction was closed on May 19, 2011.

2011 - Financial Advisor to Ronson Europe N.V.

ronsonRaiffeisen Investment acted as financial adviser to Ronson Europe N.V. in the completion of a private placement of corporate bonds of PLN 87.5m to polish institutional investors. Bonds were issued on April 18, 2011 and mature on April 18, 2014.

2011 - Buy - Side Advisor to PJSC EMAlliance

emallianceRaiffeisen Investment advised PJSC Energo Mashinostroitelny Alliance (EMAlliance), one of the biggest Russian engine producing companies, on the acquisition of the Croatian AE&E subsidiary AE&E Duro Dakovic TEP, a Croatian boiler manufacturer. The transaction was closed on March 8, 2011.

2011 - Sell - Side Advisor to BAWAG - P.S.K.

delkaRaiffeisen Investment is advising BAWAG-P.S.K. on the sale of their shoe store chain Stiefelkönig. The purchase agreement regarding the first partial sale of its distribution line Delka was signed on February 15, 2011. The transaction was closed on April 30, 2011.

2011 - Sell - Side Advisor to Dr. Oetker Group

oetkerRaiffeisen Investment advised Dr. Oetker, one of the largest European food manufacturers, in the disposal of 100% of its share capital in its Russian subsidiary OOO Onken.

2011 - Sell - Side Advisor to the Turkish Government

firatRaiffeisen Investment together with Lazard and McKinsey acts as a sell side advisor to the Turkish Government. The Turkish Government is in the process of subsequently privatising regional electricity distribution companies owned by TEDAŞ (Turkish Electricity Distribution Company). The privatization of all 18 distribution regions represents the largest privatization mandate in the history of energy & utility privatizations in South Eastern Europe. Raiffeisen Investment advised the Turkish Prime Ministry Privatisation Administration on the privatization of Fırat Elektrik Dağıtım A.Ş. The transaction was closed on 6 January 2011.

2010 - Financial Advisor to the Privatisation Agency of Kosovo

sharrcemRaiffeisen Investment advised the Privatisation Agency of Kosovo on the sale of Sharr Cement to Sharr Beteilungs GmbH, a subsidiary of the Greek multinational cement company Titan Group.The transaction was closed on the 14th of December, 2010.

2010 - Financial Advisor to Danone

danoneunimilkRaiffeisen Investment advised on the merger of Danone's Fresh Dairy Product businesses in Russia and other CIS member countries with those of Unimilk, Russia’s second-largest producer of dairy products. The transaction was closed on the 30th of November, 2010.

2010 - Sell - side Advisor to the shareholders of Scop Computers SRL

logoabcdataRaiffeisen Investment acted as the sole M&A advisor of the shareholders of Scop Computers SRL, the largest Romanian IT&C whoesaler on the sale of 51% stake to ABC Data SA. The transaction was closed on the 30th of November, 2010.

2010 - Sell - side Advisor to Hobi Kozmetik 

hobby+daburnewlogoRIAG has been retained by the shareholders of Hobi Kozmetik as their exclusive sell-side advisor to sell 100% stake.  Dabur India Limited was selected as the preferred party in the process with its offer of USD 69m for 100% stake of Hobi Kozmetik. The transaction was closed on the 8th of October, 2010.

2010 - Sell - side Advisor to Constantia Privatbank

cpb_01Raiffeisen Investment has advised the owners of Constantia Privatbank (CPB)  - RZB, Bank Austria, BAWAG, Erste Group, Volksbanken - on the sale of CPB to a consortium of Austrian Investors led by Erhard Grossnigg and Hans Peter Haselsteiner.The SPA was signed in December 4, 2009. The transaction was closed in June, 2010.

2010 - Financial Advisor to KTM Power Sports

ktm_logov1In 2010, KTM Power Sports completed a capital increase against contribution in kind and in cash by Bajaj Auto International Holding B.V. Raiffeisen Investment acted as a financial adviser to KTM Power Sports.

2010 - Sell - side Advisor to Global Finance PE

LavazzaundaIn 2010, Global Finance PE sold its investment in the Bulgarian coffee shop chain Onda to Lavazza Group. Raiffeisen Investment acted as financial advisor to the seller.

 

2010 - Financial Advisor for Ceynak Lojistik A.S.

ceynaknewlogov2Ceynak Lojistik A.S. took the control of Samsun Port, one of the largest ports of the Black Sea region of Turkey, from the Privatisation Authority of the Turkish Republic ("PA") on April 6, 2010.  RIAG acted as the exclusive financial advisor of Ceynak Lojistik A.S. in its search for project finance. The transaction was closed on the 6th of April, 2010.

2010 - Sell - side Advisor to ABK Enerji Elekrtik Uretim A.S.

abknewlogo3In 2010, Raiffeisen Investment acted as exclusive sell-side financial advisor to the shareholders of ABK Enerji Elektrik Uretim A.S. to sell 100% stake. A group of Turkey based investors has acquired ABK Enerji Elektrik Uretim AS, which controls a 30 MW late development stage wind farm project located in Western Turkey, for an undisclosed consideration. The project was ready for construction with all legal permits acquired and financing in place.
The transaction was closed on the 5th of April, 2010.

2010 - Sell - side Advisor to Metsäliitto Group

logo_metsaliittoGroup_v1In 2009, Raiffeisen Investment advised Metsäliitto Group on the sale of its Romanian assets. Metsaliitto Oy, the Finnish headquartered global forestry group specializing in selected wood and fiber based products and services, has sold (consideration undisclosed) Finnforest Baco Production s.r.l, its Romanian based blockboard manufacturing subsidiary to Holzindustrie Schweighofer GmbH, the Austrian based forestry and Agriculture Company. The transaction was closed in February, 2010.

 

2008/2010 - Buy-side Advisor to SSL International

SSLIn 2008, Raiffeisen Investment jointly with Lazard advised SSL International Plc on the acquisition of a 15.5% stake in Beleggingsmaatschappij Lemore BV(BLBV), distributor of medical disposables in Eastern Europe and CIS. SSL has been granted call options to acquire the remainder of BLBV, exercisable over the next two years at 9x EBITDA. SSL International exercised the first call option in March 2009 with the remaining options to be exercised by 31 May 2010. In 2010, SSL increased its stake from 50% stake plus one share to 75% in BLBV. The transaction was closed on the 12th of February, 2010.

2010 - Sell - side Advisor to Lekkerland

lekkerlandIn 2010 Lekkerland Europe sold a 100 % stake in its Hungarian operation to Verba, a Hungarian consortium of investors. Raiffeisen Investment acted as financial advisor to the seller.

2009 - Buy - side Advisor to BC Partners 

BCPartners_futurelabIn 2009 Raiffeisen Investment advised BC Partners on the acquisition of the Central European medical laboratory group FutureLab. The transaction was closed in December, 2009.

2009 - Buy - side Advisor to Statkraft AS. 

StatkraftIn 2009 Raiffeisen Investment successfully advised Statkraft, the largest Norwegian power company, against several other bidders on entering the Turkish hydro power market. Statkraft and Global Yatirim Holding, a publicly quoted Turkish holding company, have closed a transaction pursuant to which Global sells 95% of its shares in its wholly owned subsidiary Yesil Enerji A.S., which holds controlling interests in seven hydroelectric plants throughout Turkey with a combined generation capacity of ca. 547 MW, to Statkraft.

2008 - Financial Advisor to the Government of Turkey

Baskent_Sedas_Turkey_flag_priv-agIn 2008, Raiffeisen Investment was part of an advisory consortium to the Government of Turkey on the privatisation of the electricity distribution companies Baskent Elektrik Dagıtım (BEDAŞ) and Sakarya Elektrik Dagıtım AS (SEDAŞ) by means of share sale. BEDAŞ was sold for EUR 776m to Enerjisa, a consortium formed by Verbund and Sabancı while SEDAŞ was sold for EUR 380m to Akcez, a consortium between CEZ and Akenerji. Both deals were closed in September, 2008.

2008 – Buy - side advisor to Heineken

In 2008, Raiffeisen Investment advised Heineken CEE, with its headquarters in Austria, on the acquisition of the majority of the share capital of Belarus based brewing company Rechitsapivo.

2008 – Buy - side Advisor to Vienna Stock Exchange

In 2008 Raiffeisen Investment advised Vienna Stock Exchange on the acquisition of 81% of the shares in the Ljubljana Stock Exchange. This transaction could mark the starting point for a consolidation of the South-eastern-European stock exchange landscape.



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