Cinven: Private Equity & Pizza

Cinven is an investment firm, that is a private equity investor that invests in 6 sectors:
Business Services, Consumer, Financial Services, Healthcare, Industrials and Telecoms, Media and Technology.

www.cinven.com

Some famous names have been owned by Cinven: Eutelsat, Hamleys of Regent Street, NCP Car Parks, Sema, Tetley Tea.
Today it owns Pizza Express via its ownership of Gondola.

More recently it bought Heidelberger Leben from Lloyds Banking Group, a German Life Insurer that was owned via Halifax Bank of Scotland, a member of the Lloyds Banking Group

[http://www.cinven.com/mediacentre/default.asp?mediaid=366]

That was a €300 million investment from Cinven, one can see, it is entering the world of financial services with investments in the UK too in Life Assurance from Guardian Financial Services and life policies from Phoenix Life.

Founded in 1977, with money from the Coal Board Pension Fund, Barclays Pension Fund and Railway Pensions, it invests in private equity buy outs, with a minimum investment of £100 million. The name Cinven comes from Coal Investments.
Final thoughts, if one eats Pizza from Pizza Express, it is funding the pensions of UK coal miners, retired railway workers and Barclays workers.

 

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