Schoenherr has advised the Austrian company Greiner Packaging International GmbH ("Greiner") on the acquisition of all shares in TEKNIK PLASTIK GREINER AMBALAJ SANAYI VE TICARET ANONIM SIRKETI ("TEKNIK PLASTIK GREINER AMBALAJ"), one of Turkey's leading packaging and labelling companies. Closing took place on 23 August 2017. As a consequence of this acquisition, Greiner is now the market leader in Turkey in the rigid plastic packaging sector for dairy products.
 

Slaughter and May advised Unilever on the acquisition of Pukka Herbs Limited (Pukka), the organic herbal tea business. The transaction completed on 6 September 2017.

Founded in 2001, Pukka has annual turnover of over £30m and, according to Euromonitor 2016, is the fastest growing organic tea company in the world. The acquisition will strengthen Unilever’s existing tea business and allow Unilever to bring Pukka to even more customers.

Slaughter and May supported Unilever’s in-house team.

Contacts

Travers Smith LLP has advised Agrial on its acquisition (through its UK subsidiary Florette UK + Ireland Limited (“Florette”) of MyFresh Prepared Produce Limited (“MyFresh”), a Wigan-based salad processing company, from the William Jackson Food Group.

Travers Smith LLP has advised longstanding client ZPG plc on its up to £140 million acquisition of financial services price comparison business Money, the operator of the money.co.uk website.

ZPG owns and operates some of the UK’s most well-known property and household-related digital brands including Zoopla, uSwitch, PrimeLocation and Hometrack.

Hill Dickinson LLP has acted for Aperture Debt Solutions LLP and Barkol Limted on the acquisition of the Debt Free Direct IVA Business, part of the wider Fairpoint Group, the AIM-listed professional services provider which entered into administration in August.

In June 2017, China National Chemical Corporation (ChemChina) announced that it has consummated the successful public tender offers to acquire Syngenta. Holders of Syngenta shares received USD 465 per share in cash, and holders of American Depositary Shares (ADSs) received USD 93 per ADS. In addition, a special dividend of CHF 5 per share was paid out to the shareholders by Syngenta.

Noerr has advised the U.S. group H.B. Fuller on a strategic acquisition. For a purchase price of about US$1.58 billion, the manufacturer of industrial adhesives has acquired its competitor, Royal Adhesives & Sealants. The seller is the private equity company American Securities LLC.

The acquisition promotes H.B. Fuller’s continued focus on technical adhesives and other highly specialised market segments. Once the transaction is completed, combined revenue will be around US$2.9 billion. H.B. Fuller alone had 2016 revenue of approximately US$2.1 billion.

Bird & Bird is advising client Secret Escapes, the members-only flash-sale site offering exclusive deals on hand-picked luxury travel, on its largest corporate acquisition to date.

DLA Piper is advising global alternative asset manager, The Carlyle Group, on its acquisition of French insurance software vendor Prima Solutions for an undisclosed amount.

The transaction is expected to close on September 30th, 2017. Carlyle Europe Technology Partners III, a €657m Carlyle fund focused on European technology, media and telecommunications companies, will make the investment.

International law firm Trowers & Hamlins LLP has advised global electronics manufacturer Panasonic Corporation on their acquisition of A.M.P. Air Conditioning Limited, one of the largest independent air conditioning distributors in the UK.

Trowers & Hamlins Partner Nick Harrisingh who led the legal team on the acquisition said:

"We are delighted to have advised Panasonic on this transaction and to help them develop their business in the UK air conditioning market."