 | December 2009Avanko Capital advises Danish Skamol A/S on acquisition of a majority share of the brick business of Diatomovy Kombinat, Russia Avanko Capital has successfully completed the acquisition of a majority share of the brick business of Diatomovy Kombinat (Diatomite) by Danish Skamol A/S. Avanko Capital acted as corporate finance advisor to Skamol A/S in the transaction. Skamol develops, manufactures and markets thermal insulating materials for heat-intensive industries and passive fire protection. In 2008 the company had a turnover of DKK 259 millions. Skamol is wholly owned by Polaris Private Equity. «Strategically this [the deal with Diatomit] is a very interesting move for Skamol» says Skamol CEO Jesper K. Hansen, «It consolidates our position as the global leader in high temperature insulation for the primary aluminium industry and in diatomaceous earth based high temperature insulation bricks, and it gives us access to the significant Russian refractory market», he continues. «Diatomite has access to excellent raw materials and competitive energy and has every chance to continue being a significant and growing player in the market place.» The deal is structured as an asset deal where all assets and employees relating to the high temperature brick business are transferred into a new company owned by Skamol and Mr. Evgeny Nikiforov. The owner of Diatomovy Kombinat Mr. Nikiforov will remain a significant minority shareholder and board member in the new company Skamol Rus. The transaction was led by Avanko Capital Partner Pavel Filippov. Commenting on the deal, Mr. Filippov said: «It was not easy to structure the perimeter of the transaction and agree on the pricing mechanism in today's conditions, when buyers and sellers see future opportunities and threats in the market very differently. The key to success was shared understanding of value drivers and restraints, and fair approach to sharing benefits and risks.» |
 | November 2009Avanko Capital sponsored Mergers.ru research on the Russian M&A market – 9M' 2009 |
 | August 2009Avanko Capital honored by ACQ Magazine with the "Investment bank of the year (boutique) - Russia" awards |
 | March 2009Avanko Capital sponsors research project into the Russian M&A market in 2008 by Mergers.ru |
March 2009
Avanko Capital becomes an official partner of Kommersant Publishing House's evening reception and 'Top Manager' awards
February 2009
Avanko Capital advises executive search and recruitment company Brainpower on its sale to BPI Group
 | December 2008Avanko Capital wins "The Best Employer 2008" title |
November 2008
Avanko Capital advises Russian recruiting company AVANTA Personnel on its sale to Adecco S.A.
November 2008
Urals Cluster Study - a new joint research work by Avanko Capital and ETLA for the Ministry of Employment and Economy of Finland
