Willkie represented FFL, through its portfolio group Laurel Solutions, in the cross-border acquisition.
On March 14, Willkie client Friedman Fleischer & Lowe (FFL Partners) announced its acquisition, through its portfolio group Laurel Solutions, of Servelec Technologies, a market-leading UK-based provider of remote telemetry units, secure SCADA systems and business optimization software.
DLA Piper has advised Beck & Pollitzer on its acquisition of montagen plus and its wholly owned subsidiary montageprofis, a Nuremberg-based provider of machinery installation and relocation services. By investing in one of Germany’s leading installation providers, Beck & Pollitzer further develops its strategy to increase the support of blue-chip customers in Germany and the global market.
euNetworks Group Limited (“euNetworks”), a Western European bandwidth infrastructure company, announced last week that it has acquired 100% of the shares of Onstage Online GmbH (“Onstage”), a fibre company headquartered in Vienna, Austria.
"We are thrilled to have been able to support euNetworks on its expansion into Austria, further underscoring its position as a leading provider of bandwith infrastructure in Western Europe", says partner Alexander Rakosi.
Slaughter and May is advising Cathay Pacific Airways Limited (Cathay Pacific) on its proposed acquisition of 100% of the issued share capital of Hong Kong Express Airways Limited (HKE) for a consideration of HK$4.93 billion, comprising a cash consideration of HK$2.25 billion to be paid in cash and a non-cash consideration of HK$2.68 billion to be settled through the issue and novation of promissory loan notes.
Schulte advised Wellington Management Company in challenging the planned $74-billion takeover of global biopharmaceutical company Celgene Corporation by Bristol-Myers Squibb, in which Wellington Management is a shareholder. Wellington Management holds that, while Bristol-Myers Squibb should develop their business by securing differentiated science to broaden their future revenue base, the Celgene transaction is not the best path toward this goal.
DLA Piper represented Hyper Pet LLC, a Wichita, Kansas-based leading provider of pet goods and accessories, in its acquisition of OurPet's Company, a leading pet supply company. The transaction closed on March 14.
As a result of the acquisition, OurPet's will become a wholly owned subsidiary of Hyper Pet. OurPet's Company designs, produces and markets a broad line of innovative, high-quality accessory and consumable pet products in the US and overseas.
Law firm Stephenson Harwood LLP has advised independent UK private equity firm Bowmark Capital on its public-to-private takeover of AIM-listed Tax Systems plc.
Tax Systems provides corporation tax software and compliance services to businesses in the UK and Ireland. The acquisition values the entire issued share capital of Tax Systems at approximately £114 million on a fully diluted basis.
On March 28, 2019, Doxim announced that it had acquired MessagingDirect, Ltd., an end-to-end encrypted messaging and customer communications management (CCM) technology company for financial services organizations and their service providers.
Doxim is the leading customer communications and engagement technology provider serving financial and regulated markets. With this acquisition, Doxim adds robust messaging capabilities to its platform and welcomes several new enterprise clients as well as expert management and product teams.
DLA Piper advised Nasdaq GS listed company Varex Imaging Corporation, a leading innovator, designer and manufacturer of X-ray imaging components, on its acquisition of more than 90 percent of the shares in the Swedish company Direct Conversion AB (publ). Direct Conversion AB is a leading manufacturer and marketer of linear array digital detectors utilising direct conversion and photon counting technology with subsidiaries in Sweden, Finland, Germany and the UK.
Fried Frank advised ICP Group in connection with its acquisition of electronic payment transactions company, M&M Werbeagentur GmbH. ICP Group is also a provider in electronic transaction solutions and the combined operations reinforce its offering within the payment products and solutions space. ICP Group was acquired by private equity investors in 2017, and Fried Frank was also counsel on this transaction.