Frankfurt, April 26, 2016 - Baker & McKenzie advised MAGNA Automotive Holding (Germany) GmbH on its acquisition of Telemotive AG. The transaction is subject to antitrust approval. The parties anticipate closing in Q2 2016.

Telemotive AG is an automotive electronics development service, offering electronic services from connectivity, human machine interface and infotainment at five German locations with approximately 600 employees. Sellers are the founders and the company's management. Both parties agreed not to disclose the purchase price.

Kirkland & Ellis advised TPG Growth LLC on its acquisition of Frank Recruitment Group Limited (FRG), a leading UK recruitment firm for IT professionals who specialize in enterprise software. FRG was acquired from private equity firm Livingbridge in what was the first UK deal for TPG Growth, the middle market and growth equity investment platform of TPG. The transaction closed on April 28, 2016. To read more about the transaction, please click here.

Kalmar based company Arenco AB has acquired Kalmar Verkstadskompetens AB (KVK).

KVK is active in machine assembly and hiring of personnel for industrial companies. Arenco, with operations in Kalmar and Shanghai, is active in machine assembly, installation and component manufacturing, within the machine segments; Packaging equipment, Fish processing and Match-stick production.

Eversheds advised Arenco in the transaction. Ulf Jonsson was responsible partner.

Freshfields has advised CVC Capital Partners on its acquisition of a majority stake in Germany’s market-leading private sports betting group Tipico on regulatory, finance and antitrust matters

Freshfields Bruckhaus Deringer LLP (Freshfields) has advised CVC Capital Partners on its acquisition of a majority stake in Germany’s market-leading private sports betting group Tipico on (tax) regulatory, finance and antitrust matters.

Following completion of the acquisition of the Lake Region Medical groupe by Greatbatch, Inc. and the renaming of Lake Region Medical into INTEGER, Greatbatch contributed in multiple capital increases own shares to Swiss-based P Medical Holding AG/INTEGER (Switzerland) GmbH, which were swapped against shares in the Irish-based Lake Region Medical Holdings Limited. The transaction was completed by a down-stream merger of P Medical Holding AG into its subsidiary INTEGER (Switzerland) GmbH.

Shearman & Sterling is advising the Finnish technology group Nokia in connection with the contemplated acquisition of Withings, a French pioneer and leader in the connected health revolution.
 
Withings was co-founded by Eric Carreel and Cedric Hutchings in 2008 and is headquartered in France, with approximately 200 employees across its locations in Paris, France, Cambridge, US and Hong Kong. Withings’ portfolio includes activity trackers, weighing scales, thermometers, blood pressure monitors, home and baby monitors.
 

DLA Piper has advised the Dutch shipping company, Spliethoff’s Bevrachtingskantoor B.V., on the acquisition of Bore Ltd from Rettig Group. Bore Ltd is a Finnish shipping company with a fleet of nine RoRo vessels and charters its tonnage to various line operators. The all-cash deal is expected to close on 30 June 2016.

The DLA Piper team, led by partner Petri Morelius, included counsel Valtteri Vimpari, senior associate Riikka Autio as well as associates Oskari Räikkönen, Josefin Strömberg and Salla Turkkinen (Helsinki).

Freshfields Bruckhaus Deringer LLP (Freshfields) has advised an affiliate of private equity firm Warburg Pincus on its acquisition of a majority stake in Reiss Holdings, which owns the men’s and women’s fashion and accessories brand Reiss, valuing the business at £230 million.

Founded in 1969, Walter Goletz GmbH currently has 130 employees and is headquartered in Kierspe, near the Nanogate subsidiary Vogler (Lüdenscheid, North Rhine-Westphalia). The two existing directors of Goletz will continue to manage the company and Nanogate will install an advisory board.

Credit Suisse Investment Foundation, advised by Credit Suisse Energy Infrastructure Partners AG as investment adviser and acting on behalf of the investment group CSA Energy Infrastructure Switzerland, acquired an equity stake in the energy supplier Romande Energie Holding SA from BWK Energie AG. Romande Energie Holding SA is one of the most important energy suppliers in the western part of Switzerland and covers the electricity demand of more than 300,000 end customers.