London, United Kingdom
Frankfort, London, Paris
1977-2003 [Back to Top]
1977 | Cinven Ltd is established. Firm is a venture capital investor in the European market. |
1980 | Candover Investments plc is established as a specialist in arranging and lading large buyouts and buyins. |
1984 | Candover Investments plc is listed on the London Stock Exchange and is structured as an investment trust. |
January 2003 | Candover and the 2001 Fund complete the buyout for Kluwer Academic Publishers from Kluwer for € 600 million . Cinven backs the buyout. |
September 2003 | Candover and Cinven acquire BertelsmannSpringer for € 1.1 billion. Candover and Cinven will merge its business with KAP, and the new entity will be known as Springer. |
2003 | Since 1980, Candover has invested in 119 deals with a total value of over € 24 billion. |
January 2004 | Derk Haank will take on the role of the new Springer Science + Business Media. Together the companies will publish 1,350 journals and more than 5,000 book titles with revenues of about € 880 million. |