King & Wood Mallesons (KWM) advised Hony Capital on its latest acquisition of shares in oil & gas group Santos.

The acquisition - done with ENN following the entering into of a relationship agreement between the parties - will see the Chinese gas distributor and private equity firm jointly hold a 15.1 per cent stake.

Hony Capital is a leading M&A focused private equity company with a track record of success in helping Chinese companies expand internationally.

Eversheds Sutherland has advised Badger Meter Inc in the acquisition of all shares in D-Flow Technology AB. D-Flow Technology designs and manufactures customized integrated circuits and transducers for measuring various types of flow and also provides technical support.

Clifford Chance has advised the German energy service provider GETEC WÄRME & EFFIZIENZ AG on its acquisition of URBANA Energiedienste GmbH.

The transaction is still subject to conditions, including clearance from the relevant antitrust authorities. The parties have agreed not to disclose any details of the purchase price.

Stephenson Harwood LLP has advised Snap-on Incorporated, a global manufacturer and marketer of tools and equipment, as well as diagnostics, repair information and systems solutions, for professional users, on its US$72 million acquisition of Norbar Torque Tools Holdings Limited.

[Munich, 2017-05-09] GÖRG Partnerschaft von Rechtsanwälten mbB put together the team headed by Munich partner Dr. Bernt Paudtke that advised Unternehmertum Venture Capital Partners GmbH in connection with its acquisition of an interest in Vimcar GmbH.

At the end of a financing round, Coparion GmbH & Co. KG and Unternehmertum Venture Capital GmbH joined other investors that had already acquired interests in Vimcar GmbH.

Setterwalls has assisted Tata Technologies, the global engineering services company and a member of the Indian Tata Group in the acquisition of Swedish Escenda Engineering AB, a leader in automotive product engineering and design with more than 150 engineers. Tata Technologies has taken the step to expand its presence in Sweden due to the strong growth opportunity in the region in both the automotive and industrial machinery sectors.

Delphi has been legal advisor to NIBE Industrier AB (publ) in connection with its acquisition of 80% of the shares in HT S.p.A., Susegana, Italy (“HT”). The company will become part of the NIBE Element business area.

HT has since 1978 produced highly engineered heating solutions for heating, ventilation and air conditioning, commercial food products, packaging and other industrial applications. HT has one production facility in Italy and two in Romania. Revenue in 2016 amounted to approx. EUR 23 million and the company has approximately 330 employees.

Mayer Brown represented Steadfast Capital Fund III, L.P. on the acquisition of the majority stakes in Reutter/ITIB Group. The complex cross-border acquisition comprised Reutter GmbH, based in Leutenbach, Germany, Reutter GmbH based in St. Johann im Pongau with subsidiaries in Slovakia, USA, Mexico and India as well as ITIB S.r.l., based in Paderno, Italy, with plants in Italy and Poland. The debt financing of the transaction was provided by Permira Debt Managers and Südwestbank AG. The purchase price was not disclosed.

Norton Rose Fulbright has advised Frasers Centrepoint Limited and its subsidiaries (Frasers) in relation to its conditional agreement to acquire a 86.56 per cent stake in Geneba Properties N.V. from Catalyst RE Coöperatief U.A. for € 315.9 million (approximately S$471.6 million), subject to adjustments. Geneba is an Amsterdam-based real estate investment company listed at the SME stock exchange NPEX.

Vinge is advising Adelis Equity Partners Fund 1 AB in connection with its acquisition of Knightec whereby Adelis will become the majority owner in Knightec together with founders Dimitris Gioulekas and Håkan Jarnbjer. The transaction is subject to competition clearance.