Our fifty-first edition email tracks recent news concerning European FICs, featuring 20 FICs from Germany, Denmark, Belgium, Sweden, Switzerland, Bermuda, France, Finland, Estonia, The Netherlands, Luxembourg and the UK.
Transaction news this month is dominated by investments from FICs, portfolio companies and DIAs in recycling, events, catering, SEO, medtech, educationtech and foodtech. Only one piece of exit news – a FIC portfolio company signing an NDA with another FIC to sell a high-profile magazine title.
We report more Q1 results and one set of annual numbers.
In business news we cover a contract win at a new airport, FICs launching new ventures in renewables for SE Asia and financial services globally, a solar power JV and the opening of a new specialist recycling plant.
In people news, two FICs strengthen their boards, one with a member of another FIC family, one recruits external talent to the senior management team, while another loses a member of their Executive Board.
Finally, in what must be the most unusual story of the year to date, a FIC portfolio company announces a multi-million Euro investment to build and operate four ‘ventiports’ for electric vertical take-off and landing (eVTOL) aircraft.
And we close, as is our custom, with a summary of the month’s news coverage.
NOTE: EFIC News Briefing is sent to subscribers to The European Family Investment Company Report, members of our Advisory Network and selected other supporters at our discretion. We are happy to answer any questions or discuss anything further. Please do send us your comments, ideas and suggestions and any news stories you see.
By joining our community of subscribers you will receive regular, full EFIC News Briefings in addition to access to facilitated networking and personal introductions to FIC leaders. You will benefit from the opportunity to attend our physical meeting hosted each year by a family subscriber at their home as well as peer-to-peer virtual conferences we organise, and our in-depth analyses of the FIC-sector in Europe as revealed in our latest European Family Investment Company Report. Subscribers also receive an hour of an Author’s time to discuss our findings in detail.
To become a European Family Investment Company subscriber, please email: info @ deanbridgeinternational.com.