DLA Piper represented Switzerland-based Tecan Group AG (SIX: TECN), a global provider of laboratory instruments and solutions in biopharmaceuticals, forensics and clinical diagnostics, in a definitive agreement to acquire SPEware Corporation, based in Baldwin Park, California.
Darrois Villey Maillot Brochier advised AccorHotels on exclusive negotiations for the acquisition of John Paul, the leading player in premium customer and employee loyalty services. The company’s Enterprise Value should be close to 150 million dollars. AccorHotels should acquire about 80% of John Paul, the remaining stake being kept by David Amsellem, the founder of the company, who will remain as CEO.
Linklaters has advised beIN Media Group, the diversified media company active in both sports and entertainment, on the successful acquisition of Digiturk, the leading pay-TV operator in Turkey. The deal completed last Friday (26 August) and represents the largest deal made in the history of the Group.
Loomis AB (publ)’s Danish subsidiary Loomis Danmark A/S has acquired 100 per cent of the shares in the Danish cash handling company Bankernes Kontantservice A/S (“BKS”) based in Copenhagen, Denmark. The enterprise value is approximately DKK 250 million, corresponding to approximately SEK 316 million.
Heuking Kühn Lüer Wojtek advised the management of R&M International GmbH, Hamburg, on the management buyout. The acquisition of R&M was supported by Deutsche Beteiligungs AG, which will hold 33 percent of the shares in the future. The remaining shares (67 percent) will be held by management, which is in part already participating today.
Ashurst has advised Ausnutria Dairy Corporation Ltd (Ausnutria) on the acquisition of Nutrition Care Pharmaceuticals Pty Ltd (Nutrition Care), which has a combined value of approximately A$31.6 million.
The negotiated acquisition including Nutrition Care's business and assets was signed on the 24th of August and is expected to complete in September 2016. The acquisition is highly complementary to Ausnutria's existing portfolio as the nutrition products market is a potential high growth segment, given the increasing health awareness globally and particularly in China.
Herbert Smith Freehills is pleased to have advised on a series of transactions relating to the sale of Asciano and its associated assets. The transactions completed on 18 and 19 August 2016, following satisfaction of shareholder, court, competition and foreign investment conditions.
The firm advised:
* funds managed by Brookfield and its institutional co-investors on their acquisition, through a joint venture with Qube Holdings, on their successful acquisition of Asciano Limited’s Patricks Terminals business for approximately A$2.9b;
Baker & McKenzie advised Deutsche Beteiligungs AG (DBAG) and its managed DBAG Expansion Capital Fund (ECF) on its acquisition of a substantial minority interest in R&M International GmbH (parent company of R&M Group), a provider of interior outfitting for ships and marine installations, such as cruise ships, ferries and offshore platforms. The transaction is subject to regulatory approval and is expected to close in late September.
Bird & Bird has advised Shanghai listed Beijing Xinwei Technology Group Co., Ltd. ("Xinwei") on its acquisition of the full share capital of Space - Communication Ltd.("Spacecom"), for a consideration of US$285 million.
DLA Piper represented private equity firm Guardian Capital Partners in the acquisition of Carson-Dellosa Publishing, LLC, a provider of K-8 supplemental education content.
Partnering with Guardian, Carson-Dellosa’s executive management team will continue to operate the company, which provides products to more than 1,000 schools. Carson-Dellosa provides workbooks, critical-needs resources, and test-prep and hands-on learning materials, for parents, teachers and students.