Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised leading global institutional investor Canada Pension Plan Investment Board (‘CPPIB’) in connection with its potential equity investment in Elis SA (‘Elis’), which leads the market in the rental and maintenance of linens, professional garments, and hygiene and wellness equipment.
Sidley advised Summit Partners, L.P., on its acquisition of a participation in Market Logic Software AG, a leading provider of enterprise SaaS marketing information systems. The transaction is subject to official approval by the European Commission and is expected to close in Q3 of 2017.
The international team comprised partners Dr. Jan Schinköth (Private Equity, Munich), Erik Dahl (Private Equity, London/Munich) and Oliver Currall (Tax, London), and associates Sebastian Walczak (Private Equity, Munich) and Matthew Gaudette (Private Equity, Chicago).
Heidelberger Druckmaschinen AG (Heidelberg) takes over the varnish and pressurized chemicals business from Fujifilm Europe B.V. A team led by Munich-based partners Dr. Ulrich Jork and Dr. Helge-Torsten Wöhlert of the business law firm of Heuking Kühn Lüer Wojtek advised Heidelberg comprehensively on the transaction. The acquisition of the two business units is part of the company's growth strategy.
Roschier acted as counsel to Kadant Inc., a global supplier of high-value, critical components and engineered systems used in process industries worldwide, in relation to the acquisition of the forest products business of NII FPG Company for $173 million in cash (subject to a post-closing adjustment).
Gleiss Lutz advises the Swiss agrichemicals group Syngenta on the divestment of its global sugar beet seeds business The purchaser is Danish DLF Seeds A/S. The closing of the transaction is still subject to customary approval requirements (including local employee consultation procedures) and expected to take place by the end of third quarter of 2017. The parties have agreed not to disclose the purchase price.
Gleiss Lutz advised Syngenta comprehensively on this transaction and coordinated the work of the law firms involved in a total of 24 relevant jurisdictions.
Shoosmiths has advised P D Neurotechnology (PDN) on its 1.34m (EUR) funding for the development of its ground breaking wearable medical technology.
Dentons has advised private equity investor Rutland Partners (Rutland) on its recent investment in Aston Barclay, the independent car auction group which provides vehicle remarketing services to fleet and dealership vendors.
Aston Barclay, which currently operates from four sites in the UK, has invested heavily in recent years in both its auction sites and IT systems. Rutland's investment will be used to develop a new auction site at Donington Park in the Midlands, as well as to make further investment in its IT technology and staff.
Noerr has advised censhare AG on an investment by DuMont media group. In a first step, DuMont will acquire a 36.5% stake in the company’s share capital as part of a growth financing.
The Moscow, London, Hong Kong and Shanghai offices of Debevoise & Plimpton LLP have advised Polyus Gold International Limited in connection with its agreement to sell an up to 15 per cent. stake in PJSC Polyus (MOEX — PLZL) for a total consideration of up to approximately $1.4 billion to a consortium led by Fosun International Limited (HKSE:00656). In addition to Fosun International Limited, the consortium includes Hainan Mining Co., Ltd and Zhaojin Mining Industry Company Limited.
The London office of Debevoise & Plimpton LLP has advised Bregal Freshstream in its investment in TrueNoord, an independent aircraft leasing business that specialises in the regional aircraft market.
Established in 2002 by CEO Anne-Bart Tieleman as GA-Finance, the Group with Bregal Freshstream’s support rebranded and launched as TrueNoord in June 2016. It provides financing solutions for regional aircraft and aviation projects globally.