Forty other large investments
In addition to the ten largest investments, detailed below are forty other large investments which are substantially all of the Group’s remaining investments valued over £15 million. This does not include three investments, which have been excluded for commercial reasons.
 Investment  Description of business First 
invested 
in 		 Cost1 
£m 		 Directors’ 
valuation1 
£m 
Tato Holdings Ltd Manufacture and sale of specialist chemicals 1989  2  37 
Pharmadule Emtunga AB Modular facilities to pharmaceutical/biotech, offshore and telecom sectors 2003  35  35 
Smartstream Technologies Group Ltd Software and services 2000  26  34 
Aspen Insurance Holdings plc2 Property/casualty insurance underwriters 2002  30  34 
Cannon Avent Group plc Manufacture of branded consumer products 1995  5  32 
Refresco Holding BV Fruit juice producer 2003  31  31 
Ben Sherman Ltd Manufacture of shirts and swimwear 1993  4  31 
Pinewood Shepperton plc Film/TV studios 2000  20  30 
Total Home Entertainment Ltd Wholesale and distribution of home entertainment products 2003  28  28 
Grup Maritim TCB SL Operation of port concessions 1999  13  28 
Morse plc2 Technology reseller 1995  8  27 
Beltpacker plc Manufacturer/marketing healthcare/beauty products, footwear, accessories 2000  55  26 
PaperPak Holdings Ltd Manufacture of incontinence products 2002  14  26 
Extec Holdings Ltd Mobile crushers, screeners and shredders 2002  11  24 
Goromor XXI SL Manufacturer of frites and glazes for ceramic tiles 2002  24  24 
Early Learning Holdings Ltd Branded designer and retailer of educational toys 2001  6  24 
Nimbus Holdings Ltd Music label and entertainment 2001  24  24 
HSS Hire Service Holdings Ltd Tool hire 2004  24  24 
Mettis Group plc Manufacture and sale of forgings 1999  38  23 
Target Express Ltd Freight transport by road 2000  43  22 
Petrofac Ltd Oilfield services 2002  22  22 
E2V Holdings Ltd Switching, sensing and imaging components 2002  14  22 
LDV Ltd Manufacture of light commercial vehicles 1993  18  20 
Alö intressenter AB Manufacture of front end loaders 2002  21  20 
Vendôme SA Manufacturer of cosmetic and toiletry products 2002  11  20 
Westvan (2001) Ltd Speciality paper manufacturer 1995  15  20 
CSR plc2 Single-chip wireless devices 1999  3  20 
Azzurri Communications Ltd Telecommunication services 2000  15  19 
SCP Global Technologies, Inc Semiconductor CAP equipment 2003  14  18 
Local Press Ltd Newspaper publisher 2004  18  18 
LGC Ltd Research laboratory 1996  –  18 
Deutsche Telefon Und Marketing Services AG Service telephony 1998  9  17 
Incline Global Technology Services Ltd Repair and remanufacture of flat panel displays 2002  17  17 
Specialised Petroleum Services Group Ltd Oilfield wellbore clean up 1999  16  17 
Kaye Office Supplies Ltd Stationery and office equipment wholesalers 1993  6  16 
Venture Production plc2 Oil and gas production 1997  5  16 
Litchwer Pharma AG Producer of herbal medicines 2004  16  16 
Asia Multiplex SARL Multiplex cinema operator 2002  10  15 
Corinth Healthcare Ltd Provision of locum and managed services to the healthcare market 2000  10  15 
Mölnlycke Health Care AB Manufacture of single-use surgical and wound care products 2001  14  15 
         
Notes        
1 The investment information is in respect of the Group’s holding and excludes any co-investment by 3i managed funds.
2 Quoted company (including secondary markets).