On July 6, 2017, Funds managed by Battery Ventures entered into a definitive agreement to acquire all shares of Rotronic AG, a company active in the field of manufacturing of measuring technology, for an undisclosed consideration.
Anticimex continues its expansion in the United States with the acquisition of New Jersey-based Viking Pest Control.
Viking, a family business founded in 1980, is a leading provider of residential and commercial pest control in New Jersey and a number of other states in the region, including Pennsylvania, New York, Delaware, and Maryland.
Sidley advised Gilde Buy Out Partners’ portfolio company Losberger Group, providers of highly integrated temporary and semi-permanent space solutions, on the add-on acquisition of De Boer Group, a business that specializes in organizing accommodation for large events and temporary office spaces. The transaction closed on June 29, 2017.
Shearman & Sterling advised REETEC GmbH (REETEC), a subsidiary of EDF Energies Nouvelles (EDF), on its acquisition of Offshore Wind Solutions GmbH (OWS), a German company specializing in offshore wind Operations and Maintenance (O&M).
Hong Kong – Paul Hastings, a leading global law firm, announced today that it represented COSCO SHIPPING Holdings Co., Ltd. (“COSCO SHIPPING Holdings”), in a voluntary general cash offer for all of the issued shares of Orient Overseas (International) Limited ("Orient Overseas”) made by the wholly-owned subsidiaries of COSCO SHIPPING Holdings and Shanghai International Port (Group) Co., Ltd.
MoneyPark LTD ("MoneyPark"), the largest technology-driven mortgage broker in Switzerland has acquired Defferrard & Lanz SA ("DL"), the leader in French-speaking Switzerland in the areas of real estate finance consulting and mortgage brokerage.
The acquisition has been welcomed and financed by Helvetia Group ("Helvetia") as part of its implementation of the helvetia 20.20 strategy which aims at becoming more customer-focused, more digital and more agile.
An Orrick London team advised CVC Capital Partners in respect of their leveraged acquisition of Zabka Polska, one of Poland's largest chains of convenience stores, from Mid Europa Partners. No financial terms were disclosed.
This is CVC Funds' second direct investment in Poland, demonstrating its long-term commitment to the country and the Central European region.
The Orrick team advising CVC Capital was led by partner Shawn Atkinson and included assistance by Mandy Perry, Emma Raleigh, Michael Gale, Joanna Oleniuk and Max Iles.
Kirkland & Ellis is advising UBS AG, as financial adviser, in connection with the proposed US$6.3 billion pre-conditional voluntary general offer to acquire all the shares of Orient Overseas (International) Limited (OOIL) by COSCO Shipping Holdings Co., Ltd (COSCO Shipping) and Shanghai International Port (Group) Co., Ltd. Following completion of the offer, the COSCO Shipping and OOIL combination will be one of the world’s leading container shipping companies with more than 400 vessels and capacity exceeding 2.9 million TEUs (twenty-foot equivalent units).
Baker McKenzie has assisted SimCorp, a leading provider of investment management software solutions for the world's leading financial organizations and listed on the Copenhagen Stock Exchange, on its acquisition of the whole share capital of APL Italiana S.p.A., for a total amount of EUR 35 million, of which EUR 10 million will be paid in SimCorp shares.
APL Italiana is a leading service provider of investment and asset management software for the Italian Insurance market. The company is headquartered in Milan and has approximately 120 employees.
Orkla and Hydro have entered into an agreement whereby Hydro will purchase Orkla’s 50% interest in Sapa.
The transaction is reflects a valuation of Sapa of NOK 27 billion on a cash and debt free basis and entails a gain of approximately NOK 5 billion for Orkla.
Our team has been headed by Erik Thyness.