Bird & Bird has advised long-standing client, Netherlands-based navigation and mapping company TomTom N.V. on its acquisition of Autonomos GmbH, to add more autonomous driving technology to its platform. Autonomos is a Berlin technology start-up that has worked in R&D consultancy for various self-driving projects.
Global law firm Norton Rose Fulbright has advised AnaCap Financial Partners (AnaCap), the specialist European financial services private equity firm, on the acquisition of a majority stake in online payment company Heidelberger Payment GmbH (Heidelpay).
Completion of the deal is subject to approval by the Federal Financial Supervisory Authority (BaFin), the German Central Bank and the Luxembourg Financial Supervisory Authority.
Hannes Snellman acted as counsel to Sentica’s portfolio company Trust Kapital, a company specializing in receivables lifecycle management and financing, in its acquisition of Enfo Zender, Enfo Oyj’s information logistics subsidiary. In the transaction, Enfo Zender’s information logistics business, including business operations and customers, is transferred to Trust Kapital.
A team of Heuking Kühn Lüer Wojtek led by partner Dr. Thorsten Kuthe advised Sygnis AG on the acquisition of C.B.S. Scientific Company Inc. in San Diego. Sygnis hopes to achieve sales synergies and a large potential for sales growth. It expects to realize cost savings by merging C.B.S. Scientific with the San Diego facilities of Expedeon.
C.B.S. Scientific Company Inc. is a provider of life science instruments. The company is headquartered in San Diego, USA. Estimated 2016 sales exceed $1.5 million.
MUNICH (10 January 2017) – Reed Smith comprehensively advised the Canadian company Rakuten Kobo Inc. on the acquisition of the tolino technology platform from Deutsche Telekom and the technology cooperation with the Tolino-Alliance. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval and is expected to close end of January 2017.
On January 17, 2017, British American Tobacco p.l.c. ("BAT"), which owns 42.2 percent of Reynolds American Inc. ("Reynolds"), and Reynolds announced that they have agreed on the terms of a recommended offer for BAT to acquire the remaining 57.8 percent of Reynolds that it does not already own.
Norton Rose Fulbright has advised Huatai Financial Holdings Limited (Huatai Financial) as the financial adviser to the offeror, a company controlled by Inner Mongolia Yili, on its acquisition and mandatory cash offers (the Offers) for China Shengmu Organic Milk (China Shengmu). China Shengmu is listed on the Hong Kong stock exchange.
The Freshfields team was led by partners Richard Perks and Arend von Riegen
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has helped Chinese home appliances manufacturer Midea Group Co., Ltd. (‘Midea’) to successfully complete its $5bn takeover offer for German robotics supplier KUKA AG (‘KUKA’).
The London office of Debevoise & Plimpton LLP is advising Capital Group Private Markets, part of Capital Group, in its acquisition of a 35% interest in Tsebo, the leading Pan-African facilities services company. The remaining 65% interest will continue to be held by Wendel, one of Europe's leading listed investment firms.
DWF (France) AARPI has advised France-based international company Rubis, which specialises in the storage, distribution and sale of industrial liquid on the acquisition of the 50% remaining equity stake in Delta Rubis, a Turkish company operating a 650 000 cbm fuel storage facility located in Ceyhan, on the southeast coast of Turkey.