Germany’s largest security company acquires a security technology provider from Celle
Dentons advised the security company Securitas Deutschland on the acquisition of the Draht+Schutz Group. With the purchase Securitas will strengthen its expertise in the field of electronic security solutions. The transaction is subject to merger clearance.
The Medort Group has acquired a majority stake in wheelchair manufacturer Richter R.M.S. through its German subsidiary, Meyra GmbH. Medort is a manufacturer of wheelchairs and supplier of rehabilitation equipment. The acquisition of Richter R.M.S. GmbH is part of the company’s ongoing growth strategy in the German market.
RTPR Allen & Overy advises the private equity fund Enterprise Investors on the acquisition of the “Noriel” group.
RTPR Allen & Overy has advised the private equity fund Enterprise Investors on its acquisition of the “Noriel” group, the largest retailer of toys and games in Romania. The sale purchase agreement was signed yesterday and the transaction will be closed subject to approval by the Competition Council and the fulfilment of other conditions precedent.
Allen & Overy advised AXA Liabilities Managers ("AXA LM") on the acquisition of German run-off company GLOBALE Rückversicherungs-AG ("GLOBAL Re").
In 2014, AXA LM had already acquired the subsidiaries of GLOBAL Re in Australia, Canada, Switzerland and the US, with Allen & Overy also acting as the legal advisor. The current transaction was carried out via AXA LM's investment vehicle AXA DBIO. With this transaction, AXA LM acquires gross reserves of EUR 98 million in total.
Stibbe advises Evoqua Water Technologies on the acquisition of Magneto Special Anodes, a developer and manufacturer of anodes for the electrochemical industry and refurbishment of electrochlorination cells for seawater electrolysis.
Berwin Leighton Paisner (BLP) has advised GT Gettaxi Limited and GT Gettaxi (UK) Limited, which trade under the Gett brand, on their recommended offer for the entire issued share capital of Mountview House Group Limited, the owner and operator of the Radio Taxis black cab business and the One Transport platform.
The offer was declared unconditional as to acceptance on 11 April 2016 and is expected to complete by the end of April.
Gett operates the global on-demand taxi app and the acquisition will bring the total number of Gett black cabs in London to 11,500.
Davis Polk is advising the special committee of the board of directors of E-House (China) Holdings Limited in connection with the going-private acquisition of E-House for $6.85 per ordinary share or American depositary share by a consortium consisting of Xin Zhou, the co-chairman and chief executive officer of E-House, Neil Nanpeng Shen, a director of E-House, and SINA Corporation. The transaction is subject to customary closing conditions, including approval by E-House’s shareholders, and is expected to close in the second half of 2016.
Capvis Equity IV LP, a private equity fund advised by Capvis Equity Partners AG, Baar/Switzerland, will acquire 100% of the shares of the German Hennecke Group from the Munich-based industrial group ADCURAM. Hennecke is a leading global manufacturer of advanced machinery, equipment and technology for the processing of polyurethane (PUR).The transaction is subject to customary regulatory approvals and is expected to close in the first quarter of 2016.
Hogan Lovells has advised the founding partners of Ventiga Capital Partners LLP on the offer by Etib Holding II AB, indirectly jointly owned by Beckett SEC Limited and Amcon Invest ApS, for Nordic Service Partners Holding AB, by way of a recommended public cash offer to its shareholders and convertible noteholders.
Nordic Service Partners Holding AB is a Sweden-based listed company active within the fast food restaurant industry in the Nordic region.
Northampton-headquartered Panther specialises in two-man and one-man assisted delivery services for major brands and retailers, including Dunelm, Silent Night and Bosch Siemens.
Gowling WLG advised LDC on its investment, the terms of Panther's acquisition, and the negotiation of new senior debt and working capital facilities with Santander.