Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the acquisition of "urban view", a residential property development in Heidelberg-Bahnstadt. The Hamburg-based real estate investment manager acquired the project as part of an asset deal for an institutional investor's open-ended special-AIF. The development's seller is LBBW Immobilien Development.
The international law firm BEITEN BURKHARDT has advised Energiedienst Holding AG on the acquisition of 60 per cent of the shares in Messerschmid Energiesysteme GmbH. The parties have agreed not to disclose the transaction volume.
DLA Piper has advised Imagine Enterprises Limited on its acquisition of Holiday Planet Pty Ltd, one of Australia's leading travel companies.
Headquartered in the United Kingdom, with offices in Cape Town, Dubai and Brisbane, the company's Imagine Cruising Group is an award-winning provider of bespoke cruise and stay holidays. It is 51 per cent owned by dnata, a division of the Emirates Group.
The acquisition of Holiday Planet follows the expansion of Imagine Cruising Group into the Australian market 12 months ago.
Eversheds Sutherland has successfully advised DFS, one of the UK’s leading retailers of upholstered furniture, upon the completion of the acquisition of Sofology Limited (Sofology).
Sofology, a specialist retailer with a network of 37 stores in the UK and a strong online presence has been acquired through a subsidiary of DFS – DFS Furniture Company Limited – for an enterprise value of £25m.
Pinsent Masons has advised Tracscare on its acquisition of Your Lifestyle, a supported living and residential provider for adults with learning disabilities and mental health needs.
Ashurst advised 5EL SA, the Swiss-listed digital commerce corporation with competences in content production, digital marketing and blockchain technology, on the acquisition of a majority interest in e-commerce services company asknet AG. The transaction was done through a combination of a capital increase and the buyout of a group of large shareholders of asknet AG. In total, 5EL SA will hold 51.37 percent in Germany-listed asknet AG.
Simmons & Simmons has advised Principal Global Investors, LLC (PGI), the asset management arm of Principal Financial Group, Inc, on the proposed acquisition (subject to regulatory approval) of INTERNOS, which was announced on 30 November 2017.
Funds advised by Triton and AVS management acquired AVS Verkehrssicherung GmbH, the leading highway traffic safety services provider in Germany, from funds advised by Steadfast Capital. The acquisition is subject to regulatory approval. Clifford Chance advised Triton on the transaction.
Kirkland & Ellis is advising a consortium comprised of funds affiliated with Baring Private Equity Asia and CITIC Capital Holdings on its US$300 million proposed acquisition of Wall Street English (WSE), a global private English language school business, from Pearson, a leading global learning company.
In 2016, WSE served 180,000 learners and operated 70 corporate owned centres in China, 9 corporate owned centres in Italy and 321 franchised centres across 27 territories.
The Kirkland team is led by Hong Kong corporate partners Daniel Dusek and Xiaoxi Lin.
Burges Salmon advises FB Investors on its recommended takeover offer for up to 70 per cent of the issued share capital of Sutton Harbour Holdings plc, an AIM listed company (Sutton Harbour).
Burges Salmon has advised FB Investors on its recommended partial cash offer for Sutton Harbour, an AIM listed company.
Sutton Harbour is an award-winning waterfront regeneration specialist which owns and operates the historic Plymouth harbour. The Sutton Harbour Group operates in four business areas, real estate, regeneration, marine and fisheries and car parking.