MUNICH, June 21, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised ProSiebenSat.1 Media SE on the acquisition of a majority stake in Jochen Schweizer GmbH, a company of Jochen Schweizer Group. The transaction is based on an enterprise value of 108 million euros, which corresponds to a ratio of corporate value and EBITDA of around 11x at the end of last year. ProSiebenSat.1 is expanding its commerce business with the acquisition.

Eversheds Sutherland has acted for Etteplan Oyj, a leading engineering company, in its acquisition of Sorona Innovation AB which specializes in technical documentation solutions.

In 2016, Etteplan had a turnover of EUR 183,9 million. The transaction will bolster Etteplan’s position as one of the leading suppliers of technical documentation and create new growth opportunities, not only in Sweden, but also globally.

Eversheds Sutherland’s team was led by partner Ulf Jonsson.

DLA Piper represented staffing and recruitment software provider Bond International Software and private equity firm Symphony Technology Group (STG) in the acquisition of Erecruit, an enterprise staffing software platform from North Bridge Growth Equity.

MUNICH, June 19, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the Japanese Recruit Holdings Co., Ltd. on the acquisition of all shares in TrustYou GmbH. TrustYou, headquartered in Munich, is a major player regarding review management systems provided for hotel and other accommodation providers worldwide. Recruit is listed at the Tokyo Stock Exchange and the parent company of an internationally active group. Through the acquisition of TrustYou, Recruit intends to expand its online travel technology business.

Dassault Systèmes, a developer of 3D design and engineering software, acquired AITAC B.V., which, together with its subsidiaries, develops marine and offshore engineering software.

The acquisition allows Dassault Systèmes to strengthen its marine and offshore portfolio.
Houthoff Buruma team included: Alexander Kaarls , Baukje Dreimüller , Philip van der Eijk , Steffie Calten Houwing

The owner of duagon AG agreed to sell the company to Deutsche Beteiligungs AG. Duagon is a leading provider of network components for data communication in rail vehicles.

Bär & Karrer acts as legal adviser to the seller in this transaction. The team includes Christoph Neeracher, Luca Jagmetti, Yves Suter and Philippe Seiler (all M&A) as well as Susanne Schreiber (Tax).

Acrotec SA has acquired Mimotec SA, a leader in the domain of micro-mechanics. Mimotec manufactures micro-components using the LIGA (lithography, galvanization and electro-forming) technology. The acquisition of Mimotec further strengthens Acrotec's position as a leading independent supplier to the Swiss watch industry.

Bär & Karrer acted as legal advisor to Acrotec in this transaction. The team included Christoph Neeracher, Thomas Rohde, Philippe Seiler, Charles Gschwind and Sarah Nyfeler (all M&A), Markus Wang (IT) as well as Mani Reinert (Competition).

MUNICH, June 20, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised ProSiebenSat.1 Media SE on the sale of all shares in Etraveli Holding AB to CVC Capital Partners, an international financial investor. Since ProSiebenSat.1’s acquisition in 2015, Etraveli has significantly increased its revenues and earnings. In addition, the company’s value, based on an enterprise value of EUR 508 million, more than doubled within this period.

We advised Korona Invest Oy and Korona Fund III Ky managed by it in a corporate transaction in which Korona Invest acquired the majority of the shares of Normiopaste Oy. In connection with this, a corporate group was formed of the associated, previously privately-owned Normi companies.

With the transaction, the Normi group of companies aims for strong growth and intends to at least double its turnover in co-operation with Korona Invest.

Slaughter and May is advising COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports) on its conditional agreement with TPIH Iberia S.L.U. (TPIH) to purchase 51% of the shares of Noatum Port Holdings, S.L.U. (NPH) for a total consideration of €203.49 million. NPH operates two container terminals in Valencia (Noatum Container Terminal Valencia (NCTV)) and Bilbao (Noatum Container Terminal Bilbao (NCTB)) and two facilitative rail terminals in Madrid (Conterail Madrid) and Zaragoza (Noatum Rail Terminal Zaragoza (NRTZ)) in Spain.