CMS advised the founders of the controlling companies of Mila SA, owner of the MILA supermarket chain, on the sale of 100 % shares to Eurocash Group for PLN 350 million. The preliminary sale agreement was signed on 15 September, and the closing of the transaction depends on obtaining consent from the Polish Office of Competition and Consumer Protection (UOKiK).

Currently, Mila SA owns a chain of 188 stores with average retail space above 460 sq. m., located mostly in Central Poland.

An Orrick M&A and Private Equity team advised international triathlon organizer World Triathlon Corporation (WTC) on its acquisition of Swiss Epic AG, the organizer of the international mountain bike stage race of the same name in the Swiss Alps whose 2017 edition just came to an end.

New York Stock Exchange listed Keysight Technologies, Inc., the world’s leading electronic measurement company, acquires ScienLab electronic systems GmbH (Bochum, Germany) and Scienlab electronic systems China Co., Ltd. (Shenyang, China). Taylor Wessing has been advising Keysight Technologies on this transaction in Germany and China. Scienlab offers customer-specific test solutions for electronic components in the automotive and industrial sectors.

Blake Morgan has advised Cubic Corporation on its acquisition of Deltenna Limited, a wireless infrastructure company specialising in the design and delivery of radio and antenna communication solutions.

Cubic Corporation designs, integrates and operates systems, products and services, such as combat training systems and surveillance, to the military, transportation and defence industries.

Mishcon de Reya advised Staffing 360 Solutions, Inc., a company executing an international buy-and-build strategy through the acquisition of staffing organizations in the United States and in the United Kingdom, on its acquisition of CBS Butler Holdings. 

Nick Davis led the team at Mishcon de Reya and was assisted by Corporate Associate Georgia Joseph, Recruitment Regulatory Consultant, Bridget Wood, Employment Managing Associate, Laura Penny and Real Estate Managing Associate, Helena Liebster.

Nick Davis commented:

Watson Farley & Williams (“WFW“) has advised Bremen-based ZEABORN Group, as part of a consortium including Bertram Rickmers, on the acquisition of Rickmers Shipmanagement for an undisclosed sum in double-digit millions of euros. The deal has been approved by Rickmers Holding AG’s Creditor Committee, though that of the German competition authorities remains pending.

DLA Piper represented Juniper Networks, Inc., an industry leader in automated, scalable and secure networks, in its acquisition of Cyphort, Inc.

Cyphort is an innovator in security analytics for advanced threat defense. Cyphort's platform integrates advanced threat detection, comprehensive threat analytics and one-touch threat migration.

On 18 September, the majority shareholders Günter Kerbler and Johann Kowar entered into a contract on the sale of their majority interest. A team of several experts of CMS Vienna has successfully advised the buyer, Slovakia-based Arca Capital Group, in the course of this transaction.

Insurance brokerage company MSH International, a wholly-owned subsidiary of SIACI Saint Honoré, has acquired a majority stake in the BDAE Group. For the international insurance brokerage group, this majority acquisition marks a successful entry into the German market.

A team headed by lead partner Dr Eckart Gottschalk advised the parent company, SIACI Saint Honoré, on all legal aspects of acquiring the majority shareholding.

DLA Piper has advised TDC Group in connection with the negotiations to reach an agreement on TDC’s takeover of the mobile phone operator Plenti and its approx. 90,000 subscribers. TDC purchases 100% of the shares for the price of DKK 74 million.