Resource

 

 

 

 

 

 

 

 

 

 

 

Technology, Media & Telecoms

Ashurst advises MTG on the acquisition of world's largest esports company

20 Jul 2015

Ashurst has advised the international media group MTG (Modern Times Group), headquartered in Sweden, on the acquisition of 74 % of the shares in Turtle Entertainment. Operating under the well-known ESL brand, Turtle Entertainment is the world's largest esports company.

The 74% stake was acquired from financial investors and the company's founders for EUR 78 million in cash. The founders and management will retain the remaining 26% and continue in their current positions. Closing of the transaction is subject to local regulatory approvals.

Hengeler Mueller advises Tele Columbus on acquisition of PrimaCom and on planned equity raising

20 Jul 2015

Tele Columbus AG, the third largest German cable network operator, today announced that it has entered into an agreement to acquire PrimaCom Holding GmbH  (“PrimaCom”), the fourth largest German cable network operator, for a total consideration of €711m on a cash and debt free basis from Medfort S.à r.l., PrimaCom Finance (Lux) S.à r.l. and PrimaCom Beteiligungsgesellschaft mbH & Co. KG.

CHSH advised red-stars.com data AG (red-stars) on the acquisition of 33% in Machine & Voice Communication GmbH (MAVOCO)

20 Jul 2015

CHSH Cerha Hempel Spiegelfeld Hlawati has advised red-stars.com data AG in connection with the acquisition of shares in Machine & Voice Communication GmbH (MAVOCO), whose subsidiary Freeeway GmbH (Freeeway) – a virtual network operator – provides M2M connectivity services based on a portfolio of international wholesale agreements with network operators.

red-stars acquired 33% of the share capital and voting rights during the course of a capital increase of MAVOCO.

Norton Rose Fulbright advises VTC Group on the sale of Silbitz Group to Deutsche Beteiligungs AG

20 Jul 2015

Norton Rose Fulbright has advised VTC Partners GmbH (VTC Group) on the July 13, 2015 sale of Silbitz Group GmbH (Silbitz Group) to Deutsche Beteiligungs AG (DBAG).

Silbitz Group is a composite of three pattern- and mold-making foundries with a broad product portfolio. VTC Group is a fast growing and independent industrial holding company with a focus on investments in international, medium-sized companies headquartered in German-speaking countries. Norton Rose Fulbright has advised VTC on previous transactions, including its acquisition of Silbitz Group in 2011.

Siemens invests in Munich start-up Magazino

15 Jul 2015

Pinsent Masons advised the Munich start-up company Magazino in its future cooperation with Siemens as well as in Siemens' investment in Magazino by acquiring shares held by High-Tech-Gründerfonds and two other business angels.

Magazino was founded at TU Munich by Frederik Brantner, Lukas Zanger and Nikolas Engelhard. The three entrepreneurs will continue to hold 50.1% of the shares in Magazino and act as managing directors. Siemens acquired an interest of 49.9 %.

Paramount, Represented by De Gaulle Fleurance & Associés, Wins Copyright Case

14 Jul 2015

De Gaulle Fleurance & Associés (Charles-Edouard Renault, Partner, Xavier Vuitton, Senior Counsel, and Julien Brunet, Associate) represented Paramount in a copyright infringement case initiated by a French writer alleging that Paramount, the producer of the successful TV series ” The Sentinel” broadcasted on several major French TV channels, had infringed his copyrights.

Schilling, Zutt & Anschütz Advises Part-Time-Scientists GmbH

14 Jul 2015

As sole German team, the Part-Time-Scientists GmbH (“PTS”) takes part in the “Google Lunar XPrize” competition. In this competition, prizes carrying a total value of over USD 30 Million are up for grabs. The challenge is to develop a privately funded Moon Rover and to send it to the moon, where it has to complete specific tasks on the lunar surface. The Rover developed by PTS is set to land on the moon until the end of 2017. In the course of the project, PTS  sought to agree on a cooperation with Audi regarding a sponsorship by the latter.

Delphi advisor when Addtech acquires Mediplast

14 Jul 2015

Delphi selected as advisor when Addtech acquires all shares in Mediplast. Mediplast is a leading Nordic supplier of medical technology equipment and consumables. The company has its head office in Malmö and pursues operations via its own trading companies in Sweden, Denmark, Finland, Norway and the Netherlands. In the 2014 financial year, the Mediplast Group generated sales totaling approximately SEK 465 million and had roughly 120 employees.

The total purchase consideration of the acquisition of Mediplast amounts to approximately SEK 480 million.

McCann FitzGerald advises Schibsted Media Group on online classifieds venture with Distilled Media

13 Jul 2015

McCann FitzGerald advised Schibsted Media Group, an international media group listed on the Oslo Stock Exchange, in connection with the establishment of an on online classifieds joint venture with Irish online media company, Distilled Media. The new company, Digital Media Ventures Limited, will have a leading position in the generalist, cars and real estate segments in Ireland by combining the DoneDeal.ie, Daft.ie and Adverts.ie sites.