Candover
Encyclopedia
Candover Investments plc is a British
-based private equity
firm, specialising in arranging and leading large buyout
s and buyins. Candover Investments is structured as an investment
trust
. Investments in buyouts are provided in two forms, from Candover Investments and more significantly from third party funds raised and managed by Candover Partners Limited, a wholly owned subsidiary
of Candover Investments. Candover Investments is listed on the London Stock Exchange
and is a former constituent of the FTSE 250 Index
. On August 31st 2010 Candover announced that it would unwind its assets and return money to shareholders and investors.
in 1984.
, Paris
, Madrid
and Milan
. Since 1980, Candover has raised nine funds with total capital commitments of more than €8.7 billion.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
-based private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm, specialising in arranging and leading large buyout
Buyout
A buyout, in finance, is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" control of the target company....
s and buyins. Candover Investments is structured as an investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...
trust
Trust law
In common law legal systems, a trust is a relationship whereby property is held by one party for the benefit of another...
. Investments in buyouts are provided in two forms, from Candover Investments and more significantly from third party funds raised and managed by Candover Partners Limited, a wholly owned subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
of Candover Investments. Candover Investments is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and is a former constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
. On August 31st 2010 Candover announced that it would unwind its assets and return money to shareholders and investors.
History
Candover was established in 1980. It was first listed on the London Stock ExchangeLondon Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in 1984.
Operations
Candover has offices in LondonLondon
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, Madrid
Madrid
Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...
and Milan
Milan
Milan is the second-largest city in Italy and the capital city of the region of Lombardy and of the province of Milan. The city proper has a population of about 1.3 million, while its urban area, roughly coinciding with its administrative province and the bordering Province of Monza and Brianza ,...
. Since 1980, Candover has raised nine funds with total capital commitments of more than €8.7 billion.
Current investments
Candover's current investments include:- GET
- Hilding Anders
- DX Group
- Ferretti GroupFerretti GroupFerretti Group is one of the world leaders in the design, construction and sale of motor yachts with a portfolio of exclusive and prestigious brands of the nautical world: Ferretti Yachts, Ferretti Custom Line, Pershing, Itama, Riva, Bertram, Mochi Craft and CRN. The company initially produced...
- Eurotax Glass'sGlass's GuideGlass’s Guide is the leading British motor trades guide to used car prices, often referred to in the trade as "The Bible."Monitoring car values for almost 75 years since 1933, Glass’s Guide has reflected how cars have become increasingly affordable...
- Stork B.V.
- Expro International GroupExpro International GroupExpro International Group is a multinational oil and gas well management company headquartered in Reading, United Kingdom.-History:The business was founded by J. Trewhella, J. Ross and H. Green in 1973 at Great Yarmouth as Exploration & Production Services Ltd with the objective of carrying out...
- Parques ReunidosParques ReunidosParques Reunidos is an international entertainment operator based in Madrid, Spain. The group operates over 50 parks in almost a dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars...
- Equity Trust