Swiss insurtech startup FinanceFox has successfully completed its Series A financing round with Target Global and Horizons Ventures as lead investors. The financing round also included the conversion of existing venture loan investments from, amongst others, Salesforce Ventures. Idinvest, Speedinvest and AngelList.
DWF has advised PepsiCo UK & Ireland on the recent sale of its Boxford Farm juice processing and manufacturing business to Belgian-headquartered drinks manufacturer and supplier Koning Juices & Drinks UK. The Boxford Farm business produces well-known juice brands including Copella and Trop50, which will continue to be supplied under the new ownership.
Herbert Smith Freehills has advised Beijing Gas Group on its first major investment in the Russian energy market through agreements with Russian state-owned company Rosneft.
The transactions were signed on 7 November during a meeting between the prime ministers of Russia and China in St. Petersburg, Russia.
Gide is advising Inner Mongolia Furui Medical Science Co., Ltd. (FURUI), a Chinese company listed on ChiNext GEM Board and dedicated to pharmaceutical, diagnosis and medical services, on its investment in MEDIAN Technologies, a company listed on Alternext specialized in medical imaging software and services dedicated to oncology clinical trials, cancer screening and clinical practice.
Dechert LLP advised capital-investment fund 3i on its LBO transaction to invest €150 million into the family group Ponroy Santé, a European leader in the natural consumer healthcare industry, with presence in Asia and the Americas notably.
Dechert also advised 3i on the intellectual property and regulatory matters.
Clifford Chance has acted for Alter Domus and its shareholders in a deal that secures a significant investment from funds advised by global investment firm Permira.
Clifford Chance private equity partner Christopher Sullivan led the team with support from finance partner John Dawson and private equity associate Neil Barlow. The investment from Permira will enable Alter Domus to accelerate its international growth strategy.
Jones Day advised Calgon Carbon Corporation in the €145.5 million (US$160.1 million) acquisition of the wood-based activated carbon, reactivation, and mineral-based filtration media business of CECA, a subsidiary of Arkema, a French leading specialty chemicals and advanced materials company.
In addition to M&A representation, Jones Day provided antitrust, tax, real estate, labor, and regulatory advice regarding this transaction.
For additional information about this matter, please contact: David A. Grubman, Alexandre de Verdun, Audrey A. Bontemps
The Firm acted as counsel to KKR in connection with the sale by KKR International Flooring 2 S.à r.l. of an aggregate of 6,503,462 shares in Tarkett S.A. (“Tarkett”). The sale represented approximately 10.2% of Tarkett’s issued share capital and all of the remaining shares held by KKR International Flooring 2 S.à r.l.
Tarkett is a French company listed on Euronext Paris, and is a provider of flooring and sports surface solutions.
The shareholders of LANCOM Holding GmbH have reached an agreement with Rohde & Schwarz-Group on its participation in LANCOM Holding GmbH. As part of the agreement, Munich-based Rohde & Schwarz will take over all shares of Aachen-based S-UBG AG and an unnamed family office. The remaining shares in LANCOM will be held by founder and managing shareholder Ralf Koenzen, managing shareholder Stefan Herrlich and founding shareholder Carl-Thomas Epping. The acquisition is subject to the approval of the regulatory authorities.
The London office of Debevoise & Plimpton LLP has advised KEEN Venture Partners LLP (“KEEN”), a new venture capital firm operating from London and Amsterdam, on the first close of its €90 million inaugural fund, KEEN Venture Partners Fund, L.P. (the “Fund”).