DLA Piper has advised OX2 on its sale of the 21.6 MW wind farm to Fontavis, a Swiss asset manager for energy and infrastructure investments.

OX2 has developed and constructed approximately 1600 MW of wind power, and is one of the leading players in onshore wind power in Northern Europe.

The DLA Piper team based in Stockholm was led by Corporate partner Peter Ihrfelt, assisted by Real Estate senior associates Johan Forsling and Mats Eriksson.

Eversheds Sutherland has advised longstanding client KPMG on completing the sale and leaseback of its headquarters at 15 Canada Square, Canary Wharf, to Kingboard Investments of Hong Kong for c.£400m.

Following an open tender, Eversheds Sutherland was instructed by KPMG to advise on all legal aspects of this particularly complex, top-flight transaction. 

The Eversheds Sutherland team was led by Partner and Head of London Real Estate Bruce Dear, working with Partner Nef Jones, Senior Associate Jonathan Woodward and Associate Natasha O’Neill.

Kirkland & Ellis LLP advised Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products company, on its agreement to sell its Global Consumer Battery Business to Energizer Holdings, Inc. (NYSE: ENR), one of the world’s largest manufacturers of primary batteries and portable lighting products, for approximately $2 billion in cash. The transaction is expected to close by the end of calendar 2018 and is subject to customary closing conditions. The full press release is available here.

King & Spalding acted for Toyota Tsusho Corporation in the disposal of its interests in the Otway Gas Project (OGP) and BassGas Project in Australia, which are to be purchased by Beach Energy Limited.

CMS has advised each of Intellectual Property & Software Ltd (IPS), European Domain Management Ltd (EDM) and Rocket 9 Ltd (Rocket 9) on their entry into a business sale agreement with NASDAQ First North Premier listed Swedish mobile gaming company, LeoVegas AB (publ) (LeoVegas).

Slaughter and May advised Bupa Insurance Limited on the sale of Bupa House, Bloomsbury Way, London  WC1A.  The purchaser is LabTech Investments Ltd, a real estate and technology company with existing holdings in the Holborn area.

Contacts

Real Estate: John Nevin (partner), Kate Shirlaw (associate)

Dentons has advised investment management firms CR Holding GmbH and Värde Partners on the successful sale of six retail parks to Cologne-based REWE Group. The retail parks are part of the Saturn-Portfolio and are located in the western and southern part of Germany. Through this transaction, leading German food retailer REWE Group plans to increase its rate of store ownership.

DLA Piper has advised OX2 on its sale of the 357 MW wind farm to Aquila Capital, a leading European manager of alternative investments.

The financing of the Valhalla project comprising of 85 wind turbines has been successfully completed. Aquila Capital will acquire the project, which OX2 will deliver as an EPC contract, and it will be one of the largest onshore wind farms in Europe. The permits for the park have been developed in cooperation between OX2 and Bergvik Skog.

De Brauw has advised Bosal Nederland on the sale of Tow Bars Division to TowerBrook Capital Partners (UK).

Client name
Bosal Nederland B.V.

Other parties involved
TowerBrook Capital Partners (UK)

Nature of transaction
On 31 December 2017, Bosal Group and TowerBrook reached agreement for the sale of Bosal's international Tow Bars Division which produces and supplies tow bars, bike carriers, wind stops and roof-racks to OEM/OES customers and aftermarket distributors.

Value of transaction

Linklaters has advised Chariot Top Group, a company represented by Griffin Real Estate, on a real estate portfolio acquisition comprising 28 shopping centres located across Poland from A-R-A Retail Centres, owned by a consortium formed by Ares Management L.P., AXA Investment Managers - Real Assets and Apollo Rida, and on the subsequent resale of 12 properties from this portfolio to Echo Polska Properties. This transaction has been widely acknowledged to be one of the largest real estate deals signed in 2017 in the CEE region (closing took place on 4 January 2018).