Sun European Partners, LLP ("Sun European"), the European adviser
to Sun Capital Partners, Inc. ("Sun Capital"), a leading U.S.-based
private investment firm, today announced that two Sun affiliates have
opened offices in Paris and Frankfurt to support the continued growth
of Sun´s private equity activities in Europe.
Sun European opened its office in London in July 2004, which
currently comprises 20 professionals including 11 transaction and
three senior operations professionals. Sun´s expansion into France and
Germany reflects Sun´s commitment to European-based investments and
its growing European transaction activity.
Since 2004, Sun European has advised on 22 European private equity
transactions for Sun Capital including 12 platform and 10 add-on
acquisitions. In the aggregate, Sun Capital´s European portfolio
companies generate close to EUR 4 billion in annual aggregate turnover
and include 12 companies headquartered in five countries across
Europe.
Sun Capital´s European-headquartered portfolio companies include:
-- Neckermann.de, a leading European multi-channel retailer (mail
order catalogue and internet), based in Germany.
-- DBA Apparel, a leading French designer, manufacturer and
marketer of branded ladies´ and men´s intimate apparel with
such well-known brands as DIM, Playtex, Wonderbra, Lovable
Abanderado, Nur Die, Chantal Thomass and Unno.
-- HomeForm Group, a leading branded designer and installer of
fully-fitted home kitchens, bedrooms and bathrooms, including
the Sharps, Moben and Dolphin brands, based in the UK.
-- Manoir Industries, a French designer and manufacturer of
highly-engineered specialty metal components and assemblies
for the aerospace, energy, petrochemical, steel, construction
railway and defense industries, among others.
-- Veriplast Solutions, a French manufacturer of a large range of
packaging products for use in the food, drink, health and home
and personal care sectors.
-- Lee Cooper, a 100-year old UK designer, manufacturer and
marketer of branded jeans, clothing, accessories, and
footwear.
-- IBP Conex Banninger, a leading UK manufacturer and distributor
of copper and brass plumbing products to wholesalers, building
products distributors, and retailers.
-- Europower, a UK manufacturer of low and high pressure
hydraulic hose, hydraulic hose fittings, and hydraulic hose
assemblies sold to major OEM customers and to over 400
distributors globally.
-- Tyde Group, a business group consisting of: (i) Walbro Engine
Management, a manufacturer of carburetors, ignitions
flywheels and other air/fuel management systems for the global
small engine market; (ii) Bundy Refrigeration, an Italian
manufacturer and supplier of fluid carrying cooling system
components for the domestic refrigeration industry; and (iii)
Vari-Form, a producer of hydroform-intensive body structural
products such as IP beams, front-end structures, and radiator
closures for the North American automotive manufacturing
sector.
-- Init Polymers, a Dutch manufacturer of solid stated PET
("polyethylene terephthalate") resins used in food and
beverage packaging for heat-and-serve meals, soft drinks
water, and juice and for the general packaging industry.
Philip A. Dougall, Managing Director, Sun European Partners, LLP
commented, "Since opening its office in London nearly four years ago
Sun European has grown significantly in terms of personnel and the
number of transactions in which it has provided advice to Sun Capital.
Sun´s message, that it can move with speed, certainty and a highly
commercial approach to provide both capital and operational expertise
has clearly resonated in the European private equity markets. The new
Paris and Frankfurt offices will support Sun´s heightened presence and
expanded European platform, reflecting its strong commitment and
confidence going forward in the European markets."
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The new offices are located as follows:
Sun European Partners, SAS(a)
36 Rue Beaujon
75008 Paris, France
Telephone: 33-1-722-56578
Fax: 33-1-722-56579
Sun European Partners, GmbH(a)
Bockenheimer Anlage, Frankfurter Welle
An der Welle 4, 60322 Frankfurt, Germany
Telephone: 49-69-7593-8654
Fax: 49-69-7593-8200
(a) Affiliates of Sun European Partners, LLP
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About Sun European Partners, LLP
Sun European Partners, LLP is the European adviser to Sun Capital
Partners, Inc., a leading U.S.-based investment firm focused on
leveraged buyouts, equity, debt, and other investments in
market-leading companies that can benefit from its in-house operating
professionals and experience. Sun Capital Partners, Inc. has
approximately EUR 6 billion of investment capital under management.
Affiliates of Sun Capital Partners, Inc. have invested in and managed
more than 190 companies worldwide since Sun Capital´s inception in
1995 in the United States, with combined sales of approximately EUR 25
billion ($40 billion). Sun European has an office in London and
affiliates with offices in Paris and Frankfurt, among others. For more
information, please visit www.SunEuropeanPartners.com.