Global law firm White & Case LLP has advised FSN Capital on its acquisition, and the related acquisition financing, of Holmbergs Safety System, a global market leader in child restraint harnesses for car seats and vehicle fastening systems in.

"This deal demonstrates the way in which our clients benefit from our deal team's ability to rapidly execute in competitive situations, and our 'one Firm' approach and cross-border capabilities," said Stockholm-based White & Case partner Johan Steen, who led the Firm's deal team.

On June 28, 2017, SIX-listed Baloise announced that it has acquired Movu AG. Movu was founded in 2014 and is Switzerland’s biggest digital platform for home-moving services. Baloise’s move into this market means that the insurance group can expand its offering with new services that will enhance and complement its traditional insurance business.

Simpson Thacher is representing KKR in connection with its acquisition of Q Park, a leading European car park provider. The transaction is subject to closing conditions.

The Simpson Thacher team includes Derek Baird, Wim de Vlieger, Till Lefranc and Rebecca Jack (Corporate); David Vann and Étienne Renaudeau (Antitrust); Sinead O’Shea, Kavita Davis and Deborah El-Schaeddhaei (Credit); and Meredith Jones and Joseph Tootle (Tax).

Jones Day is advising The Timken Company in its $280 million acquisition of Groeneveld Group, a leading provider of automatic lubrication solutions used in on- and off-highway applications. This acquisition will further expand Timken's presence in the automatic lubrication systems space, which it entered in 2013.

For additional information about this matter, please contact: Floris Pierik, Lodewijk Berger, James P. Dougherty
Client(s): Timken Company, The
Practice(s): M&A, Employee Benefits & Executive Compensation, Labor & Employment, Tax

Baker McKenzie advised Deutsche Beteiligungs AG (DBAG) and  DBAG Fund VII managed by DBAG on the acquisition in duagon, a Dietikon, Switzerland-based provider of network components for data communication in railway vehicles. The transaction is expected to close in July, 2017. The parties agreed not to disclose the purchase price.

Osborne Clarke has advised Verve Wireless, Inc. on the acquisition of matchinguu GmbH.

A mobile ad-tech and marketing specialist company, matchinguu GmbH will be integrated into Verve, accelerating its expansion into the German market. The company’s goal is to change the way app publishers and advertisers interact with audiences. Through its own marketing platform, matchinguu GmbH empowers engagement that is more targeted and highly relevant.

Kirkland & Ellis and Sidley Austin advise Accuride Corporation, a US-based supplier of components to the commercial vehicle industry, on the acquisition of Mefro Wheels GmbH. The transaction is still subject to the approval of the antitrust authorities.

Irwin Mitchell advises on the deal

Leeds-based HealthNet Homecare Ltd has acquired Total Medication Management Services Ltd from AIM listed pharmaceutical developer, manufacturer and supplier, Quantum Pharma Plc.

HealthNet Homecare, is part of the Lexon (UK) group, and has bought the business which trades as Biodose Services to help accelerate the growth of its homecare services.

Dechert LLP advised DEV Systemtechnik GmbH, based in Friedberg, a global supplier of RF transmission equipment solutions. The newly established company continues operations of former DEV Systemtechnik GmbH & Co. KG that had become insolvent. AXING AG, the long-time development partner and supplier of restructured DEV Systemtechnik, takes majority control of the reorganized technology company, and Jörg Schmidt, original founder of DEV Systemtechnik, becomes new managing director and minority shareholder.

Jones Day is advising L1 Retail, the retail investment arm of LetterOne, on its acquisition of Holland & Barrett, Europe's largest health and wellness retailer, from The Nature's Bounty Co. and The Carlyle Group for £1.77 billion (US$2.25 billion). The transaction requires EU merger approval and is expected to close by September 2017. The deal represents L1 Retail's first acquisition since it was formed in late 2016 and was secured following a competitive auction process.

For additional information about this matter, please contact: Raymond McKeeve