Clifford Chance has advised an investment consortium led by kitchen manufacturer Nobilia on its acquisition of Pino from the insolvent Alno Group. The deal is subject to approval from antitrust authorities.
Pino is Alno's entry-level brand and is designed for the lower end of the market. The Pino range consists primarily of flat-packed and home-assembly products.
CryoLife acquires German-based JOTEC Group for a purchase price of $225 million.
Düsseldorf, 17 October 2017 – Fieldfisher (Germany) LLP advised CryoLife, Inc., a NYSE-listed leading medical device and tissue processing company focussed on cardiac and vascular surgery, on its acquisition of German JOTEC Group.
CryoLife acquires German-based JOTEC Group for a purchase price of $225 million, subject to certain adjustments consisting of 75 percent in cash and 25 percent in CryoLife common stock issued to JOTEC Group's shareholders.
Osborne Clarke advises digital marketing communications company Investis on its acquisition of ZOG Digital.
Backed by private equity firm, ECI Partners, Investis is a leading digital communications company based in London and New York. The move expands the ability of Investis to provide integrated corporate communications solutions to the world’s most successful companies. They currently have more than 2,000 global clients supported by 500 staff.
Simpson Thacher represented EQT Mid Market U.S. fund (“EQT Mid Market U.S.”) in connection with its acquisition of a majority stake in Clinical Innovations, the leading global, pure-play provider of single-use clinician-preferred medical devices for Labor & Delivery departments within hospitals. The financial terms of the transaction have not been disclosed.
De Brauw advised Emerson Electric Co. in the acquisition of Paradigm.
Nature of transaction
Pinsent Masons has advised IP Group plc on its £490m hostile takeover of rival science investor Touchstone Innovations plc., a complex and challenging transaction which values the combined group at £1.3 billion. The offer was declared unconditional in all respects on 18 October.
Each Touchstone shareholder will receive 2.2178 new IP Group shares for each Touchstone share, meaning Touchstone shareholders will own approximately 34 percent of the combined group.
In an innovative deal, intended to further an important field of drug discovery and development, Levrett plc has acquired the entire share capital of Nuformix for a total consideration of £12million and raised £2.3million by way of a placing.
Cambridge-based Nuformix is involved in a cutting-edge field of pharmaceutical research and development; pioneering the use of cocrystal technology to unlock the therapeutic potential of approved small molecule drugs.
Heuking Kühn Lüer Wojtek advised PlusServer Group, a member of BC Partners, on the acquisition of Nexinto group. The transaction is subject to the approval of the antitrust authorities.
Gilbert + Tobin today announced it is advising IOOF Holdings on its acquisition of ANZ’s OnePath Pensions and Investments business and Aligned Dealer Groups for $975 million and associated capital raising.
The deal will transform IOOF into the second largest advice business by both number of advisers and funds under advice.
International law firm Hogan Lovells has advised Synopsys in its acquisition of Sidense Corporation, a leading provider of one-time programmable (OTP) non-volatile memory (NVM) for automotive, mobile, industrial, and Internet of Things (IoT) applications. Terms of the deal have not been disclosed.