Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the Hamburg-based biotechnology company Evotec AG (‘Evotec’) on the acquisition of Aptuit Group (‘Aptuit’) from private equity investor Welsh, Carson, Anderson & Stowe for $300m. The sale will be settled on the basis of existing liquidity and an additional credit financing of €140m.
International law firm Watson Farley & Williams (“WFW”) has advised EWE ERNEUERBARE ENERGIEN GmbH (“EWE EE”) on all the legal and tax aspects of its acquisition of TurboWind Energie GmbH (“TurboWind Energie”), a wind farm developer based in Hannover, northern Germany. This acquisition represents an important step forward in EWE’s strategic growth plans in the renewable energy sector.
Travers Smith LLP has advised private equity firm Bridgepoint on its acquisition of Miller Homes from funds managed by GSO Capital Partners, in a transaction totalling £655 million.
Addleshaw Goddard's Manchester Corporate team has advised B&M Stores ("B&M") on its acquisition of Heron Food Group ("Heron") for a total cash consideration of £152m.
Heron is a discount convenience retailer that employs 3,800 people and stocks around 1,200 convenience products, including ambient, frozen and chilled foods.
Hogan Lovells represented LabCorp, a leading health care diagnostics company, in the acquisition of Chiltern, a specialty contract research organization (CRO) focusing on clinical research services for the pharmaceutical and medical device industries. /p>
The all-cash transaction is expected to close in the fourth quarter of 2017, subject to regulatory approvals and customary closing conditions. Once the transaction is complete, Chiltern will become part of LabCorp’s Covance segment.
Herbert Smith Freehills has advised leading global property developer QIC on the design and construction of a hotel, office towers and retail at 80 Collins Street, Melbourne.
Signing the design and construction contract with Multiplex Constructions represents a significant milestone in the wider A$800 million redevelopment of the 80 Collins Street site, originally acquired by QIC in 2005.
Clifford Chance has advised Platinum Equity Partners (Platinum Equity) on its acquisition of Fischer Tech Ltd, a SGX-listed company that manufactures and supplies plastic precision components for a wide range of products including automobiles, consumer electronics, computers and medical devices.
Platinum Equity is a global M&A&O® firm that specialises in mergers, acquisitions and operations of companies that provide mission-critical products, services and solutions in diverse industries. Fischer Tech operates in Singapore, China, Malaysia and Thailand.
Hogan Lovells advised BNP Paribas Cardif in the sale of its 50% + 1 share in the share capital of Cargeas Assicurazioni (CARGEAS), its Italian Non-Life operations.
BNP Paribas Cardif already owned the remaining 50% - 1 share in the share capital and now becomes the only shareholder of Cargeas Assicurazioni.
The transaction, which is subject to regulatory approval, is expected to close before the end of 2017.
DLA Piper has advised Steadfast Group Limited on their acquisition of a non-controlling stake in unisonBrokers AG to grow the global distribution platform for both networks. unisonBrokers will be renamed ‘unisonsteadfast’ following the transaction. The parties agreed not to disclose the purchase price.
Steadfast Group will join the unisonsteadfast network and facilitate access to international markets for brokers in the existing Steadfast Network. Steadfast’s current operations in Australia, New Zealand, Asia and London (wholesale) will continue unchanged.
Davis Polk is advising I Squared Capital on its acquisition of Hutchison Global Communications from Hutchison Telecommunications Hong Kong for approximately HK$14.5 billion ($1.9 billion) in cash. The transaction is expected to close by October 2017, subject to customary closing conditions.