London—Dentons has advised KKR, a leading global investment firm, on its acquisition of UK-headquartered Travelopia, one of the world's leading specialist travel groups, from TUI AG. The announced acquisition value is US$407 million.
Proffsmagasinet is a leading e-commerce company in the Nordic Countries in the branch of tools, laser and measuring apparatus for professional users. By acquiring Verktygsproffsen they have now expanded their business further in Sweden. Eversheds acted legal advisor to Proffsmagasinet in the transaction.
The team included Michael Nyman (responsible partner) and Anders Svensson.
Olswang has advised leading independent television, film and digital production and distribution company All3Media on its acquisition of UK production company Two Brothers Pictures.
Gernandt & Danielsson advised Palamon Capital Partners on the acquisition of a majority stake in Happy Socks. Headquartered in Stockholm, Happy Socks is a leading international brand of design socks.
Gernandt & Danielsson has worked as an integrated team with Slaughter and May.
Gernandt & Danielsson advised Palamon with a corporate/private equity team consisting of Partner Carl Westerberg, Senior Associate Leo Lee and Associate Erik Svärd, and with a financing team consisting of Partner Björn Svensson and Senior Associate Henrik Appelqvist.
Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in connection with its acquisition of Travelopia, a leading specialist travel group, from TUI AG. The transaction is subject to customary closing conditions.
The Simpson Thacher team includes Alvaro Membrillera, Till Lefranc, Adam Wollstein and Adrika Ray (Corporate); David Vann and Alessia De Quincey (Antitrust); Ian Barratt and Lucy Jenkins (Credit); and Meredith Jones and Joseph Tootle (Tax).
Watson Farley & Williams (“WFW”) has advised ZEABORN GmbH & Co. KG of Bremen (“ZEABORN”) on the acquisition of Rickmers Linie.
Formerly part of the Hamburg-headquartered international maritime Rickmers Group, Rickmers Linie is an expert in the sea-based transport of break bulk, heavy-lift and project cargoes. Its liner services connects important economic centres around the world, most notably via the eastbound “Round-the-World-Pearl-String” service.
Watson Farley & Williams (“WFW”) has advised independent insurance intermediary Global Risk Partners Ltd (“GRP”) on its acquisition of leading South West England insurance broker Higos Insurance Services (“Higos”). The value of the transaction has not been disclosed.
Squire Patton Boggs has advised Mobusi Mobile Advertising S.L., one of the leading mobile advertising companies in Spain, on the acquisition of Lab Cave, a company specialising in the development of video games.
Slaughter and May is advising CVC Capital Partners in connection with the purchase, by its Strategic Opportunities Platform, of the shares currently held by a number of investors in Pensions Insurance Corporation Group Limited, the ultimate parent company of Pension Insurance Corporation (“PIC”). The investment is conditional upon customary regulatory approvals.
Davis Polk is advising Heineken N.V. on its acquisition of Brasil Kirin Holding S.A. from Kirin Holdings Company, Limited, its Japanese parent. The total consideration to be paid to Kirin is €664 million, corresponding to an estimated enterprise value of €1.025 billion. The transaction is subject to customary regulatory approvals and is expected to be completed in the first half of 2017.