DLA Piper advised Terra Energy Partners LLC, an independent oil and natural gas company headquartered in Houston, in the acquisition of WPX Energy Rocky Mountain, LLC from WPX Energy, Inc., for $910 million. The new land acquired by Terra is located in the Colorado’s Piceance Basin.
Watson Farley & Williams (“WFW”) successfully advised Wishbone Gold Plc (“Wishbone Gold”) on the acquisition of Precious Metals International Ltd (“PMI”) which controls Black Sand FZE (“Black Sand”) in an all-share transaction.
AIM-listed Wishbone Gold is a gold exploration and acquisition company with four exploration licences covering 34,700 hectares in north east Queensland, Australia, a region known for significant precious metal deposits.
Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in the ultimate acquisition of a combined 50% stake in Välinge, a Swedish industrial R&D company founded and owned by the Pervan family, through the acquisition of two 20% stakes of the current minority owners, Kronospan and Swiss Krono Group, as well as an additional 10% stake from the Pervan family.
Roschier represented KKR, a leading global investor, in its acquisition of a 50% stake in Välinge, a Swedish industrial R&D company founded and owned by the Perván family. At the time of the acquisition, Välinge holds around 1,300 patents, and has expanded its IP portfolio significantly over the past five years, with over 12,000 applications in the pipeline. The company is based in Viken, Sweden, and boasts a state-of-the-art research facility.
Heuking Kühn Lüer Wojtek advises Hengst Automotive on the acquisition of Danish filter manufacturer Nordic Air Filtration and Nordic Air Filtration Middle East (VAE)
In close collaboration with FAS AG, the team led by Dr. Anne de Boer advised on due diligence, tax structuring, contract designs, and the relevant contract negotiations. Jointly with Bech Bruun (Copenhagen), Heuking Kühn Lüer Wojtek performed legal and tax due diligence and tax structuring. Financial due diligence was performed by FAS AG.
Gide has advised Vallourec Tubes SAS on its HKD 846.6 million acquisition of 50.61% of the entire issued share capital of Anhui Tianda Oil Pipe Co., Ltd. (TOP, 0839.HK), a Chinese seamless pipe manufacturer listed on the Hong Kong Stock Exchange.
This major transaction for Vallourec is part of its new strategic plan to transform its operational structure and bolster its global competitiveness. Vallourec has held a 19.46% stake in TOP since 2011, and this acquisition will give it a 70.07% controlling interest in the Chinese company.
Gide has advised CTB Inc. on the acquisition of Holding Hamon Développement, the parent company of Serupa SAS and Mafrel SAS. Holding Hamon Développement designs and manufactures buildings for poultry keeping, processing plants and industry. The acquisition includes the companies’ facilities in Merdrignac, which cover 16,500 square meters (177,600 square feet). Serupa and Mafrel together employ approximately 100 people.
International technology, media and telecoms law firm Olswang has advised specialist video game retailer GAME Digital PLC on its strategic acquisition of the trade and assets of Ads Reality Ltd. Ads Reality is an innovative Augmented Reality (AR) company focused on the development of AR applications for a range of sectors, including for retail, gaming and entertainment. Involved in all aspects of the deal from the earliest stages, Olswang advised on the transaction structuring through to completion.
Watson Farley & Williams (“WFW”) has advised Italian energy company Energia Rinnovabile Valtellineses S.r.l (“E.R.V.A.”) on the negotiation and drafting of binding agreements made in preparation for the acquisition of 100% of B.B.E. S.r.l.’s (“B.B.E”) shares from E.T.S. S.p.A. Engineering and Technical Services and Iniziative Energetiche Sostenibili S.r.l.
King & Wood Mallesons have advised the management of Dubbing Brothers on its primary leveraged buyout (LBO) alongside IDI and Pechel Industries.
The transaction will see Alexandre (CEO) and Matthieu Taïeb (Managing director) replace their parents Catherine and Philippe Taïeb, original founders of Dubbing Brothers, as shareholders in the business. Already present in the capital, as part of the transaction they will reinvest to take a significant stake alongside Pechel Industries and IDI.