A team of Heuking Kühn Lüer Wojtek, led by Stuttgart-based corporate partner Dr. Peter Ladwig, advised HR management group House of HR on the acquisition of the German TimePartner group. Managing partners Sven Kilian and Thorsten Droste join the management team in taking out holdings in the new group. The purchase price has not been disclosed.
Gide has advised Webhelp, European leading customer experience and business process outsourcing company, on its acquisition of a majority shareholding in MyStudioFactory, a French market leader in designing and implementing mobile user experience solutions and app development. This acquisition is in line with Webhelp’s strategy of growing geographically and by sector expertise.
The Gide team was comprised of partner Thomas Urlacher and Natalia Li.
Dentons has advised Agathos Management LLP (Agathos), a London-based firm that invests in UK-based small- and medium-sized businesses, on its acquisition of a majority shareholding in Cargostore Worldwide Trading Limited which in turn has purchased the business and assets of Cargostore International Limited (Cargostore), a leading global shipping container provider which is currently in administration.
DLA Piper has advised NASDAQ listed Columbus McKinnon Corporation, a leading designer, manufacturer and marketer of material handling products, technologies and services with more than 4000 employees worldwide, on the acquisition of STAHL Cranesystems Group ("STAHL") from Konecranes Group.
Staples, Inc. and Cerberus Capital Management, L.P. (Cerberus) announced today that Staples and Cerberus have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Linklaters is advising Cerberus on the deal.
Shearman & Sterling represented Bank of Communications Co., Ltd. (BoCom), one of the five largest banks in China, in the closing of its acquisition of approximately 80% of the total outstanding shares of Brazil’s Banco BBM S.A. (BBM Bank). The transaction was completed on November 30, 2016, and BBM Bank has become a non-wholly owned subsidiary of BoCom.
Davis Polk is advising the buyer group consisting of Mr. Leilei Wang, Gongqingcheng Wujiang Xingyao Investment Management Partnership (Limited Partnership), Hexie Chengzhang Phase II (Yiwu) Investment Center (Limited Partnership) and some of their affiliates in connection with the going-private transaction of KongZhong Corporation. Mr. Leilei Wang is the chairman and chief executive officer of KongZhong. The transaction is subject to customary closing conditions, including approval by the shareholders of KongZhong.
Svedbergs i Dalstorp AB (publ) has, through a wholly-owned subsidiary, acquired the business of Macro International Aktiebolag, a wholly-owned subsidiary of Ballingslöv International AB. Macro International is a leading manufacturer of shower enclosures and shower screens in Scandinavia. Ballingslöv International’s parent company, Stena Adactum AB, concurrently acquires a large equity stake in Svedbergs from founder Sune Svedberg and thereby becomes the new principal shareholder of Svedbergs.
OBERMEYER group has taken over the business of renowned planning office K+P Architekten und Stadtplaner GmbH Koch, Voigt, Zschornack. OBERMEYER acquired the company through an asset deal from insolvency administrator Dr. jur. Christian Gerloff. The acquisition was made by K+P Planungsgesellschaft mbH with the participation of Mr. Norbert Koch and Mr. Jürgen Zschornack effective November 1, 2016.
EQT Infrastructure II has acquired CHEP Aerospace Solutions from Brambles, a global supply-chain logistics provider. CHEP Aerospace Solutions is a leader in pooling, management, maintenance and repair of unit load devices (ULDs) for the aviation industry.