Hogan Lovells is representing Wabash National Corporation (NYSE:WNC), a diversified industrial manufacturer and North America’s leading producer of semi-trailers and liquid transportation systems, in an agreement to acquire Supreme Industries, Inc. (NYSE MKT:STS), a leading manufacturer of truck bodies for a cash tender offer of US$21 a share. This is equal to an equity value of US$364 million and an enterprise value of US$342 million.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised a consortium comprised of funds managed or advised by Blackstone’s Tactical Opportunities business (‘Blackstone’) and GIC, and Massachusetts Mutual Life Insurance Company (“MassMutual”) on its acquisition of Goldman Sachs’ entire shareholding in Rothesay Life.
 

Lonza Group has acquired the entire share capital of Micro-Macinazione SA, one of Europe’s leading contract manufacturers providing micronization of active ingredients for the pharmaceutical and fine chemical industries. Micro-Macinazione, which had sales of approx. CHF 20 million in 2016, has 120 employees and is based in Monteggio, Switzerland.

International legal practice Osborne Clarke has advised Persistent Systems on its acquisition of Swiss-based PARX Werk AG, a specialist in digitising business processes in companies.

For Persistent, a software solutions builder for enterprises and software product companies, the acquisition marks their continued global expansion which includes the recent openings of development centres in Mexico, Israel and new locations in the U.S.

PARX is a Salesforce Platinum Consulting Partner and a leading Salesforce service provider in the DACH market.

We were delighted to assist Schweiter Technologies AG, through its 3A Composites division, in respect of its acquisition of Athlone Extrusions Limited (“Athlone Extrusions”) based in Athlone. Athlone Extrusions is one of the leading manufacturers of multilayer plastic sheeting in Europe.

Our team was led by Gavin O’Flaherty (Corporate Partner), together with Ciara Drayne, Enda Cullivan and Amy McDermott, (all Corporate), Aine Lee (Real Estate), Sean Ryan, (Head of Competition), Marie McGinley (Head of IP, Technology & Data Protection) together with Lisa Devanny (Competition).

SYNLAB Group has following approvals from regulatory authorities acquired ALcontrol Group, a leading European provider of environmental testing services.

ALcontrol is lab service provider in the environmental sector employing around 900 people across Europe including 330 in Sweden. The group generates sales of almost EUR 95 million.

Sagemcom Energy & Telecom, a Charterhouse portfolio company, has acquired 100% of Meter Italia from shareholders CPL Concordia, Cooperativa Bilanciai and Cooperare.

France based Sagemcom is a owned portfolio company of UK private equity fund Charterhouse Capital Partners, and is leader in Europe in the high added-value communicating terminals market, with turnover of EUR 1,5 billion, active in more than 40 countries.

Meter Italia is one of the largest European manufacturers of meters, both industrial and domestic.

International law firm Simmons & Simmons has advised Gangtai Group Corporation Limited (Gangtai Group), a leading private owned conglomerate from China, on the completion of its 85% stake acquisition of Buccellati Holding Italia S.p.A., a prestigious Italian luxury jewellery brand with close to 100 years of history. Buccellati was previously owned by Clessidra SGR S.p.A. and the Buccellati family.

The transaction moves Buccellati into one of the most prominent jewellery groups in China with the potential to expand the brand globally.

Stroer is acquiring the Ranger Marketing Group, one of Germany's largest dialogue marketing specialists. The vendor is Waterland Private Equity. This acquisition will enable Stroer to expand the dialogue marketing activities of its recently acquired subsidiary, the Avedo Group. The purchase price was not disclosed. The transaction is expected to complete in the third quarter of 2017.

CMS has advised the Swiss River Advice Group on its acquisition of 97.32 per cent of listed company Köln-Düsseldorfer Deutsche Rheinschiffahrt AG, and also on the subsequent squeeze-out of the company’s minority shareholders. The squeeze-out was entered in the Commercial Register on 31 July 2017 and therefore took effect as of that date.