Mohammed AlDhabaan & Partners in association with Eversheds Sutherland (International) LLP acted as legal advisor to the sellers, on a deal which saw MEFIC Capital successfully invest in Ghatha’a Al Sultan For Fast Foods Company (“the Company”).

SHS VIVEON AG signed a contract to sell the "Professional Services Value" business unit to mVISE AG. A team led by Dr. Thorsten Kuthe advised the company on the sale. The transfer will take place as a partial business transfer effective October 1, 2017. The contract is subject to usual conditions precedent.
 

Ashurst is advising LGC (Holdings) Limited, an international life sciences measurement and testing company, in relation to the sale of its Forensics and Security division to Eurofins Scientific. 

The Forensics and Security division being sold provides a comprehensive range of forensic science services including casework, DNA testing, digital forensics, drugs and toxicology and firearms. The division services police forces and other law enforcement and regulatory bodies in the UK, Germany and the Netherlands.

International law firm Pinsent Masons has advised Zurich on the sale of its UK workplace pensions and savings business to Lloyds Banking Group to boost Scottish Widows.

The strategic deal will see Lloyds Banking Group acquire Zurich’s UK workplace pensions and savings business with assets under administration of more than £15 billion and c. 500,000 customers. 

Greenberg Traurig Germany advised The Carlyle Group (Carlyle) on the sale of the project development "The East" in Frankfurt's East End. The ensemble of buildings was sold to the Zurich Group by way of a share deal.

"The East" offers a total of 52,000 square meters of floor space and combines residential and office units, retail space and a hotel. The property is located in an urban area that is to be further developed.

Greenberg Traurig Germany has provided comprehensive advice on all legal aspects of the cross-border transaction.

Background:

Slaughter and May advised Legal & General Capital on the sale of Two Central Square, Cardiff to Credit Suisse Asset Management. The total consideration for the transaction is expected to be £56.5 million.
The property is currently under construction, but is expected to comprise approximately 148,000 sq.ft. of Grade A office space and is pre-let to Cardiff University and Cardiff based law firm Hugh James.

Slaughter and May is advising Bupa on its agreement to sell 22 of its UK care homes to Advinia Health Care, subject to regulatory approval. Bupa remains one of the biggest UK providers with around 130 homes and seven Richmond Villages, caring for nearly 6,500 residents. The sale will see 22 care homes transfer to Advinia Health Care, an experienced nursing and residential care provider, established for nearly 20 years. Following completion, Advinia Health Care will operate 38 homes across the UK.

Contacts

Trowers & Hamlins has advised GI Partners on the sale of Aldwych House, WC2 in a deal worth more than £200m. The firm led on the corporate and financing aspects of the transaction.

Trowers & Hamlins initially acted for GI Partners on its acquisition of Aldwych House through a special purpose vehicle in 2011 and has continued to act for GI during its successful investment period.

The transaction also saw GI's development partner Rowan Strategic Asset Management sells its stake in the property as part of a full exit.

International legal practice Osborne Clarke has advised Digital Barriers plc, the specialist provider of visually intelligent technologies to the global surveillance, security and safety markets, on the proposed sale of its video business to a newly incorporate subsidiary of Volpi Capital LLP.

Sosta, a Dutch manufacturer of stainless steel pipes, has sold its production facility in Könnern, Saxony-Anhalt, to the Butting Group. The transaction was structured as an asset deal. It included the land, buildings and technical equipment that form part of the production plant, as well as intangible assets such as trademarks and names. The around 50 staff at the Könnern site will retain their jobs as employees of a newly established company within the Butting Group.