Advising La Banque Postale in connection with the acquisition of the start-up KissKissBankBank & Co.

An investor consortium, that amongst others comprises the largest Danish commercial pension company, PFA Pension, has acquired InterPark, the largest owner-operator of parking infrastructure in the U.S. In addition to PFA Pension, the consortium comprises TIAA Private Investments, Antarctica Capital, CIC Capital Corporation, China Life and Munich Re Group.

Client name
AkzoNobel - purchaser

Nature of transaction
AkzoNobel enters into an agreement to acquire Disatech from a group of (founding) shareholders. Disatech supplies innovative adhesive films used in the aerospace, transportation and industrial equipment sectors. The company is the leader in aerospace technical marking systems. The transaction is subject to regulatory clearance and employee consultation.
Value of transaction
Confidential, but more than 5 million.
Date deal
3 July 2017

De Brauw involvement

Client name
IMCD Italia S.p.A. - purchaser
Other parties involved
Francesco Lemucchi and Dario Stefani ; Neuvendis S.p.A.
Nature of transaction
IMCD N.V., a leading distributor of speciality chemicals and food ingredients has acquired 100% of Neuvendis S.p.A, based in Milan, Italy. With a focus on the construction, paints & coatings and other specialities markets, Neuvendis is an excellent fit with IMCD’s existing operations. For further information see FD of today.
Value of transaction
Confidential, but is more then EUR 5 million

Herbert Smith Freehills has advised Orion Resource Partners on a US$97.7m debt, quasi-debt and equity financing package for the development of Heron Resources Limited’s Woodlawn Zinc-Copper project in New South Wales.

Located 30km south of Goulburn and 220km southwest of Sydney, construction for the A$240m Woodlawn project is due to start in mid-2017, with first production targeted for late 2018.

Vinge has advised Bygghemma Sverige AB in connection with the acquisition of Polarpumpen AB. Bygghemma is the leading e-commerce home improvement and home furnishing company in the Nordic region. Polarpumpen is an e-commerce company within heating pumps and installations.

The Vinge team includes partner Kristian Ford together with associates Ida Christensson and Hampus Wikerstål.

Helios Investment Partners LLP, a UK-based investment firm, jointly with THE GB FOODS, S.A., a Spain-based manufacturer of meal solutions such as soups, ready dishes and fish, through GBfoods Africa Holdco B.V. acquired Watanmal Group, a Nigeria-based company that manufactures ready to eat food.

Intellitix Holdings Limited, a Canada-based company, provider of RFID access control and cashless payment systems for live events, on the acquisition of Loc Pay Systems B.V., a Netherlands-based company, offering token-based payment systems for festivals, venues and events.

Shearman & Sterling advised CVC Capital Partners on the acquisition by its CVC Fund VI of Pasubio, a specialised provider of premium leather for the automotive industry, from the Pretto family. The family will retain a minority shareholding in the company.

Pasubio is a leading leather solution provider for the interiors of the premium and luxury segment of the automotive industry. Its clients include Jaguar Land Rover Group, Volkswagen Group (Porsche, Lamborghini, Bentley and Skoda), FCA Group (Maserati and Alfa Romeo), BMW and PSA.

Hogan Lovells advised ORCA Developpement, a company of which IDI is the majority shareholder, on the acquisition of the Italian family-owned company FAIT PLAST S.p.A., European leading manufacturer of technical thermoplastic films. The purchase agreement was signed in May and closing took place this month. Guido Arici, one of the two historical family shareholders of FAIT PLAST, reinvested into the business.