DECEMBER 12 2011
Nordic Capital was awarded the coveted Private Equity Deal of the Year at the fifth annual European M&A Awards, held in London on 8 December, recognising excellence in corporate, private equity, banking and legal M&A expertise.
The Awards, hosted by MergerMarket and the Financial Times, declared that the record-breaking €9.6bn sale of Nycomed to Takeda, representing the largest private equity sale of the year and the third largest globally in the past 20 years, was the clear winner of the award.
"Ever since Nordic Capital's initial acquisition of Nycomed in 1999, this has been a fantastic journey. We are very satisfied that this has generated a great return for investors, but gratitude should first and foremost go to Nycomed's top quality management, the dedicated pursuit of a growth strategy based on intelligent product sourcing and development as well as the relentless focus on emerging markets", commented Kristoffer Melinder, Managing Partner, NC Advisory, advisor to all the Nordic Capital Funds.
For further information about the Nycomed exit please see the case study.