Watson Farley & Williams (“WFW”) has advised IPH Group (“IPH”), a leading European distributor of industrial supplies on the acquisition of Julsa S.A. (“Julsa”), a major Spanish industrial products supplier.
Paul, Weiss is representing General Atlantic in their agreement to acquire a majority stake in Hemnet, Sweden's leading online real estate classifieds platform.
The Paul, Weiss team included corporate partners Matthew Abbott and David Lakhdhir and counsel Wendy Semel; finance partner Dale Sarro and counsel Pearl Yuan-Garg; tax partner Patrick Karsnitz; and employee benefits partner Robert Fleder.
We advised Surfactor Germany GmbH in its acquisition of the entire share capital of L.P. Pacific Films Sdn. Bhd. from Kotkamills Oy.
L.P. Pacific Films Sdn. Bhd. is a Malesia-based company that produces and sells phenolic resin impregnated papers to the Asian, Australian, South American and Middle Eastern markets. The acquisition gives Surfactor access to the strategically important Asia-Pacific and South American markets, considerably increasing the company’s growth potential.
Clifford Chance has advised Schaeffler AG on the purchase agreement for electric engine manufacturer Compact Dynamics. The supplier for the automotive and industry sectors takes on 51% of the shares in the manufacturer of high performance engines from SEMIKRON International GmbH.
Ardian acquired a majority stake in Weber Automotive, a leading worldwide supplier in the automotive industry.
Bär & Karrer acted as Swiss legal advisor to Ardian. The team of Bär & Karrer included Christoph Neeracher, Luca Jagmetti, Philippe Seiler and Manuel Baumberger (all M&A). Willkie Farr & Gallagher LLP, Frankfurt, acted as global lead counsel to Ardian.
Dentons has advised Group Spadel, a European family-owned company specializing in the production of natural mineral water, spring water and natural fruit drinks, on the acquisition of a 93.29 percent stake in Devin AD, the market-leading producer of bottled water in Bulgaria, from private equity firm Advent International. The transaction was based on an enterprise value of €120 million.
Hogan Lovells is advising Novartis, a global pharmaceutical company, in a definitive agreement for the acquisition of Encore Vision, Inc. for an undisclosed amount.
Encore Vision is a privately-held company based in Fort Worth, Texas, that focuses on the development of a novel treatment in presbyopia. Presbyopia is a common age-related loss of near distance vision characterized by a progressive inability to focus on objects nearby. This acquisition would add a disease modifying topical treatment for presbyopia to the Novartis ophthalmology pipeline.
Firm advises long-standing client on one of the largest UK buyouts of 2016.
Onex Corporation (“Onex”) (TSX: ONEX) has announced it has agreed to acquire Parkdean Resorts for £1.35 billion. Parkdean Resorts is a leading UK operator of caravan holiday parks. The transaction is anticipated to close in the first quarter of 2017, subject to customary conditions and regulatory approvals.
Charles Russell Speechlys has advised the Civica Group (an investee company of OMERS Private Equity) on its latest acquisition of Abritas Ltd (Abritas), a software and website development company specialising in the social housing sector.
Shearman & Sterling is advising Fairfax Financial Holdings Limited on its proposed acquisition of Allied World Assurance Company Holdings, AG. Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. Allied World, through its subsidiaries and brand known as Allied World, is a global provider of innovative property, casualty and specialty insurance and reinsurance solutions.