ICG backs fire extinguisher deal

London listed debt manager ICG yesterday helped back the buyout of fire extinguisher producer Minimax Viking by Kirkbi, the investment vehicle of former Lego boss Kirk Kristiansen. The group has joined forces with Kristiansen’s Kirkbi investment vehicle to buy the heritage brand, which started making fire extinguishers in Germany in 1902. The deal has been funded from ICG’s fifth fund. No terms for the transactions were disclosed.