The new partnership with CIVC
and True North gives us substantial added capital, resources and expertise allowing us to expand our service offerings, further serve our customers, support our aggressive growth strategy and still allow us to maintain an ownership interest.
intends to use the proceeds from this private placement for additional exploration on its properties in Western Newfoundland and Alberta and for general working capital purposes.
Francoise Peretti, director of the Champagne Bureau, which represents the CIVC
in the UK, told just-drinks that lobbying is mainly concerned with the champagne appellation on behalf of everybody in the industry comprising 15,000 growers and 220 Champagne houses.
Private-equity firms, such as CIVC
Partners and New York-based MacAndrews & Forbes Holdings Inc.
Houlihan Lokey served as the financial advisor to Thermo Fluids and its principal shareholder, CIVC
Fund V will continue CIVC
Partners' strategy of making buyout and growth equity investments, predominantly within the business services and financial services sectors, in the lower middle market.
Exports are also doing well this year, up 14 percent to date compared with a year ago, but CIVC
Managing Director Andre Enders cautioned that consumption was not keeping pace.
Partners' investment in Sunbelt National Mortgage, for example, and McAndrews & Forbes' investment in Troy & Nichols were both successful, while McCown, DeLeeuw & Co.
The recent trends seen in the industry include particularly the environmental programs initiated by CIVC
, such as transforming the biomass wood waste into renewable source of energy, and introduction of lightweight champagne bottles helping to reduce carbon emissions.
According to the French professional organization, CIVC
, the amount of Champagne actually drunk in 2004 outstripped the amount tippled at the end of 1999, when millennium parties drove up demand for the sparkling wine.
To combat the long-term supply problems, the governing body, the CIVC
have been examining the existing footprint within the current AOC region to identify possible parcels of land which can be brought back into production.
(Conseil Interprofessionnel du Vin de Champagne)