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M&A: Acquiror's Counsel

CMS advises Halma plc on acquisition of Mini-Cam

02 Nov 2017

CMS has advised longstanding client Halma plc on its acquisition of the Mini-Cam group, a specialist in remote equipment that visually monitors sewage and wastewater systems, for consideration of up to £85m.

Halma plc is a FTSE 120 UK-based international manufacturing group specialising in health, safety and environmental products. The deal is an important acquisition for Halma and will strengthen its water product offering and intellectual property within the Environment & Analysis sector.

Addleshaw Goddard advises Norcros on its £60m acquisition of Merlyn Industries and related fundraising

02 Nov 2017

Addleshaw Goddard has advised longstanding client Norcros on its £60m acquisition of Merlyn Industries and related equity and debt fundraisings.

The fundraisings consist of a firm placing and placing and open offer of new shares, together with a new debt facility

The 50 person AG team was led by partner Roger Hart and included George Danczak, Jamie Partridge, Katie Parker, David Auty, Azhar Khan, Kim Meadowcroft, Richard Oman, Caroline Gray, Charlotte Fallon and Kate McGough.

Squire Patton Boggs Advises Ward Woolston Group on First Acquisition as Company Targets Revenue of £50 Million in Five Years

02 Nov 2017

Squire Patton Boggs in Leeds has advised Ward Woolston Group, which owns Londonderry Garage Specialist Equipment (LGSE), on the acquisition of LDH Plant Limited, as the company aims to build one of the UK's largest capital equipment dealers in the construction, demolition and waste management sectors.

DSM acquires Dutch animal nutrients producer (Twilmij B.V. and Kwalipak B.V.)

31 Oct 2017

De Brauw has advised DSM on the acquisition of Dutch animal nutrients producer Twilmij B.V. and Kwalipak B.V.

Other parties involved
Vica10 B.V.

Nature of transaction
Royal DSM, a global science-based company active in health, nutrition and materials has acquired the shares in Twilmij B.V., a well-established Dutch nutritional solutions company in the animal feed sector. Twilmij had net sales of approximately €70 million (50,000 tons of premix production) in 2016.

Value of transaction
Undisclosed, but more than 5 million

Kraft Heinz acquires food and coffee business of Cerebos Pacific

31 Oct 2017

MinterEllison has advised The Kraft Heinz Company on its acquisition of Cerebos Pacific Ltd’s food and instant coffee business, including iconic brands Gravox, SAXA, Fountain and Foster Clark’s.

MinterEllison has advised The Kraft Heinz Company on its recently announced acquisition of Cerebos Pacific Ltd’s food and instant coffee business, including iconic brands such as Gravox, SAXA, Fountain and Foster Clark’s.

Cerebos Pacific is a Singaporean subsidiary of Japan’s Suntory Beverage & Food.

CMS ADVISES ABB ON THE ACQUISITION OF TEKOMAR

30 Oct 2017

CMS has advised ABB on the acquisition of Tekomar Group Ltd headquartered in Winterthur, Switzerland. ABB will further develop Tekomar's digital solution for engine analytics and advisory systems enabling better performance for marine customers. Advancing ABB capabilities in performance modelling and analysis, this acquisition will also further extend the group's ABB AbilityTM portfolio of digital products and services.

The transaction is expected to close during the fourth quarter of 2017.

Kirkland & Ellis Advises GLP on Acquisition of IDI Gazeley

30 Oct 2017

Kirkland & Ellis is advising Global Logistics Properties (GLP) on its acquisition of European logistics business IDI Gazeley from Brookfield Asset Management for approximately US$2.8 billion. IDI Gazeley is one of the leading owners and operators of logistics facilities in Europe with a portfolio of over 3 million sq metres in the UK, Germany, France and the Netherlands. The deal was announced on October 2, 2017 and is indicative of the increasing deal activity in the logistics and property sectors across Europe.