Loyens & Loeff advised Survitec Group Limited, a UK based company, on the acquisition of Wilhelmsen Technical Solutions AS and Wilhelmsen Ships Service AS from Wilhelmsen Maritime Services AS, all three companies Norway based.
Ashurst advised Stirling Square Capital Partners on the acquisition of the Group AD Industrie, a France-based manufacturer of hydraulic units for the aerospace, defence and energy sectors.
The Ashurst Paris team was led by corporate partner Bertrand Delaunay, assisted by associates Séverine Gallet, Mathieu Rétiveau and Marion Albenque.
Bird & Bird advised Netherlands-based and listed mail services provider PostNL on the acquisition of 50% of the shares in HIM Holtzbrinck 25 GmbH from Georg von Holtzbrinck through its German subsidiary Postcon. HIM Holtzbrinck 25 GmbH is the holding company for PIN Mail AG and mailworXs GmbH. The transaction effectively dissolved a joint venture of Postcon and Georg von Holzbrinck so that PostNL, through Postcon, will hold 100% of the shares in the joint venture company and (indirectly) 100 % in PIN Mail AG and 87 % in mailworXs GmbH. The transaction value remained undisclosed.
De Brauw assisted Parcom in acquiring a 50% stake in in online educator GoodHabitz.
Client name
Parcom - investor
Nature of transaction
Private equity firm Parcom purchased 50% of the shares in online educator GoodHabitz, and provided the company with growth capital.
Value of transaction
Undisclosed, more than EUR 5 million
Date deal was announced
6 December 2016
De Brauw involvement
Counsel to Parcom
Other advisors
AKD - counsel to the sellers
KPMG - financial advisor to Parcom
Vienna, 16 December 2016 - Amundi has acquired Pioneer Investments from Unicredit for an all-cash consideration of EUR 3.545 bn. Wolf Theiss advised Amundi on the acquisition as local counsel to Cleary Gottlieb Steen & Hamilton LLP for Central & Eastern Europe.
Wolf Theiss has a leading CEE financial services practice and advised on regulatory compliance and legal due diligence of the Pioneer Investment businesses in Bulgaria, Hungary, Romania and the Slovak Republic.
NautaDutilh recently assisted Swiss pharmaceutical manufacturer Lonza Group AG (LONN:VTX) with its acquisition of Capsugel SA, a Luxembourg holding company, from private equity firm KKR & Co LP for USD 5.5 billion in cash, including the refinancing of approximately USD 2 billion in Capsugel debt.
The transaction was financed with a combination of debt and equity, and the parties signed the acquisition agreement on 15 December 2016.
Paul, Weiss advised funds affiliated with Apollo Global Management, LLC in the acquisition of an 80.1 percent interest in Royal Philips' Lumileds business. Lumileds is a leading supplier of LED components and automotive lighting. The enterprise value of the transaction, announced on December 12, is approximately $2 billion.
Baker McKenzie advised CORESTATE Capital Holding S.A. (CORESTATE) on the acquisition of 94.9% of the shares in Hannover Leasing Group. The sellers are essentially the majority shareholders, Landesbank Hessen-Thüringen Girozentrale (Helaba) and Hessisch-Thüringische Sparkassen-Beteiligungsgesellschaft (HTSB).
A team led by Munich-based M&A partner Boris Dürr advised AL-KO GmbH on the acquisition of a majority stake in Steca Elektronik GmbH.
AL-KO's investment in Steca Elektronik by means of a capital increase will become effective January 1, 2017. As a strategic partner, AL-KO will take out a majority stake in the Memmingen-based electronic service provider. At the same time, the company founders, the Voigtsberger family, will continue to play an active role as shareholders.
On 15 December 2016 Lonza announced that it will acquire Capsugel S.A. from KKR for USD 5.5 billion to create a leading integrated solutions provider to the global pharma and consumer healthcare industries. The transaction includes the refinancing of existing Capsugel indebtedness of USD 2 billion and will be financed with loan facilities arranged by BofA Merrill Lynch and UBS. Lonza intends to partly refinance the acquisition by raising equity in the amount of up to CHF 3.3 billion, which is already fully underwritten.