Slaughter and May advised Ultra Electronics Holdings plc (Ultra) on the placing of approximately 9.99% of its current issued share capital (the Placing) to part-fund its proposed acquisition of Sparton Corporation (Sparton) (the Acquisition). Slaughter and May is also advising Ultra on the English law aspects of the Acquisition.
NautaDutilh assists NS Groep N.V. and its wholly-owned subsidiary Abellio Nederland with the sale of bus and tram transport company Qbuzz to Busitalia-Sita Nord S.r.L. NautaDutilh, as lead counsel to long-standing client NS and Abellio, has organised and lead an international auction sale process, conducted an in-depth vendor due diligence investigation and negotiated with various interested parties from various jurisdictions, ultimately resulting in the signing of a share sale and purchase agreement with Busitalia-Sita Nord S.r.L.
The global law practice Eversheds Sutherland advises the listed Hörmann Industries group with regard to the intended complete acquisition of Hörmann Automotive Gustavsburg GmbH.
For this purpose, Hörmann Automotive GmbH, a wholly-owned subsidiary of Hörmann Industries GmbH, and MAN Truck & Bus AG have signed an agreement to completely dissolve the joint shareholding relationship for Hörmann Automotive Gustavsburg GmbH.
Adelis Equity Partners have acquired the majority stake in AddPro, a leading application and cloud integrator in Sweden. With Adelis joining as a new partner, AddPro is taking the next strategic step and strengthens its current ownership structure in order to continue business development and ensure further growth. In 2017, AddPro is expected to reach a turnover of approximately MSEK 300 with good profitability and employs about 200 specialists, of which approximately 170 are technical consultants operating in either of the company's two business areas.
On 21 June 2017, VP Exploitatie and Mediahuis completed the public offer on the Telegraaf Media Groep (TMG) through Gerald BidCo, thus resulting in the acquisition by Gerald BidCo of 64.66% of the shares in TMG. Subsequently, on 30 June 2017, VP Exploitatie contributed its shares in Gerald BidCo into Mediahuis. As a result, the shareholding in Mediahuis is now divided between Corelio (50.6%), Concentra (32.7%) and VP Exploitatie (16.7%).
LONDON, July 14, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised HENSOLDT on an agreement to acquire London headquartered Kelvin Hughes Group, a provider of security and maritime radar solutions, from UK private equity firm ECI and management. HENSOLDT is a leading provider of radar and IFF systems on airborne, naval and land platforms.
The transaction is subject to standard regulatory approvals and closing is expected in the fourth quarter of 2017.
Ashurst is advising Oakley Capital in relation to the financing of its acquisition of Schuelerhilfe, which completed on 10 July 2017.
The acquisition will be part funded by a unitranche debt facility underwritten by Alcentra, alongside equity investments by Oakley and management.
Oakley Capital is a mid-market private equity investor with over €1.5 billion under management, investing primarily in Western Europe. Schuelerhilfe is a specialist provider of after school tutoring to primary and secondary school students in Germany and Austria.
Ashurst advised CapVest Partners LLP on the acquisition of NextPharma, a leading pharmaceutical contract development and manufacturing organisation, from an affiliate of Sun European Partners.
The proposed transaction is subject to customary regulatory approvals.
The Ashurst team comprised lawyers from the London, German and Paris offices.
Setterwalls has advised Green Landscaping Holding AB in connection with the acquisitions of Tranemo Trädgårdstjänst AB and Björnentreprenad Aktiebolag.
The team was led by Mattias Detterfelt and Linn Jonsson primarily assisted by Fanny Cukierman and Linnéa Gävbo.
On April 28, 2017, Maxwell Technologies, Inc. (“Maxwell”) (NASDAQ: MXWL), a leading developer and manufacturer of capacitive energy storage and power delivery solutions, completed its acquisition of substantially all of the assets and business, including the operating entities, of Nesscap Energy Inc.