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JV/Alliance/Licence

Ashurst advises Petrochemical Industries Company K.S.C. on joint venture with Pembina Pipeline Corporation

17 May 2017

Ashurst advised Petrochemical Industries Company K.S.C. (PIC) on its 50/50 joint venture with Pembina Pipeline Corporation (Pembina), the Calgary based transport and midstream provider, in connection with a proposed integrated propylene and polypropylene production facility in Sturgeon County, Alberta, Canada.

Baker McKenzie advises Tokheim Service Group on strategic partnership with Kärcher

16 May 2017

Baker McKenzie advised Tokheim Service Group on negotiations to enter a strategic partnership with Kärcher. The partnership will see the cleaning specialist and the provider of services and fuel retailing solutions join forces in the car wash industry.

Under this agreement, Kärcher will focus on engineering and developing car wash products and solutions whilst Tokheim will take up the role of managing sales and distribution for the fuel retail segments, as well as providing installation and maintenance services to all car wash customers in Europe and Africa.

Hengeler Mueller advises United Internet on integration of 1&1 Telecommunication SE into Drillisch and associated tender offer

12 May 2017

Today United Internet AG (“United Internet”) and Drillisch AG (“Drillisch”) have entered into a Business Combination Agreement governing the step-by-step acquisition of 1&1 Telecommunication SE (“1&1 Telecommunication”) by Drillisch under the umbrella of United Internet with the aim to merge United Internet’s mobile and fixed-network business, which is bundled in 1&1 Telecommunication SE, with Drillisch’s mobile communications business. 

Houthoff Buruma Represents Sligro Food Group in the proposed strategic partnership with Heineken Netherlands

08 May 2017

Houthoff Buruma represents Sligro Food Group in the proposed strategic partnership with Heineken Netherlands for beer and cider logistics in the Netherlands, and the sale of other parts of the Heineken beverages wholesaler to Sligro Food Group. The proposed partnership will make Heineken Sligro’s number one partner for beer and cider. The partnership is intended to be long-term, initially for a period of 15 years. Parties aim to complete the transaction in autumn.

Slaughter and May advised Burberry on its strategic partnership with Coty Inc. in relation to Burberry's beauty business

08 May 2017

Slaughter and May advised Burberry in connection with its strategic partnership with Coty Inc. to accelerate the growth and development of Burberry's beauty business. The long-term, exclusive, global licensing agreement and related transfer of the beauty business, which was announced on 3 April 2017, will take effect from October 2017 (subject to regulatory approvals).
Contacts

Pinsent Masons advises Rcapital on its backing of Cluttons

05 May 2017

Pinsent Masons has advised Rcapital, in relation to its backing of property consultancy, Cluttons LLP

The UK based private investor has entered into a partnership with Cluttons to support its corporate restructuring and future growth. Cluttons has around 450 employees and 32 partners and a strong presence in the UK and multi-service international offices in UAE, Oman, Bahrain, Egypt and Saudi Arabia.

Eversheds Sutherland helps steer driverless vehicle joint venture between Autoliv and Volvo

03 May 2017

Eversheds Sutherland (International) has advised Autoliv, world leader in automotive safety systems, in forming joint venture “Zenuity” with Volvo Cars to develop new autonomous driving software. This marks the first time a premium car maker has joined forces with a tier one supplier to develop driverless vehicle technologies.