DLA Piper has advised the Luxembourg-based financial investor, Iberia Industry Capital Group, on the acquisition of all shares in EuroMaint Rail GmbH. The seller is the Swedish parent company EuroMaint AB, which is owned by Ratos AB, a Swedish private equity conglomerate listed on the stock exchange.
Linklaters advised BayWa on the acquisition of a majority interest in TFC Holland B.V. (TFC). TFC is a company trading in exotic fruit and vegetables at an international level and based in De Lier, Netherlands. The company has established long-term trade relations in all procurement markets for exotic fruit – predominantly for avocados, mangos, ginger and citrus fruits – as well as to European food retailers.
Watson Farley & Williams Asia Practice LLP (“WFWAP”) advised long-standing client M3nergy Berhad (“M3nergy”), a subsidiary of the Sabah Development Bank, on the acquisition of Lundin Services Limited (“LSL”), a Labuan company which owns the FPSO Bertam from Lundin Petroleum AB (“Lundin”).
The transaction, which is worth US$265 million, is slated to complete during the first quarter of 2016.
Eversheds represented Realia Isännöinti as it acquired the shares of Päijät-Hämeen Isännöinti Oy in Lahti. The acquisition strengthens Realia Isännöinti’s operations in the Lahti region.
Slaughter and May advised Rambus Inc. on its acquisition of all outstanding shares in Smart Card Software Limited for £64.7 million in cash. Rambus Inc. creates cutting-edge semiconductor and IP products, spanning memory and interfaces to security, smart sensors and lighting.
Simpson Thacher is representing J.C. Flowers & Co. LLC ("JCF") in connection with its acquisition of 100% of the shares of Chi-X Global Holdings LLC's subsidiaries in each of Australia, Japan and Hong Kong ("Chi-X Asia Pacific"). The transaction, which is expected to close in the first quarter of 2016, is subject to regulatory approvals and other customary closing conditions. Financial terms were not disclosed.
White & Case LLP has advised Cifin s.r.l., the holding company of the Emmegi Group, on its acquisition of elumatec AG.
The Italian Emmegi Group, a leader in the design, manufacture and sale of machining systems for aluminium profiles, light alloy, PVC and iron, has signed an agreement for the purchase of the German elumatec Group, a leading supplier of profile machining for a wide variety of different requirements and materials.
Enzymatica has signed an agreement to acquire approximately 99 per cent of the shares in the Icelandic company Zymetech via a non-cash issue of shares and warrants. The acquisition gives Enzymatica international exclusive rights to a patent-protected enzyme, a key ingredient in ColdZyme® Mouth Spray, as well as control over production of the enzyme, access to international research and development expertise and Zymetech's portfolio. Setterwalls has assisted Enzymatica in the acquisition.
e2v technologies plc ("e2v"), a specialist provider of innovative technology for high performance systems and equipment and listed on the London Stock Exchange, acquires the Linköping-based Signal Processing Devices Sweden AB, a leader in the design and development of high performance analogue-to-digital processing technology for up to USD18 million.
The initial cash purchase price is USD 14 million with an earn-out of up to a further USD 4 million in cash, dependent on revenue growth targets.
AptarGroup Inc. (“Aptar”), a leading global manufacturer of dispensing systems for the segments beauty and home, food and beverage as well as pharmacy, headquartered in Chicago, today announced the acquisition of the Mega Airless Group. Aptar has more than 13,000 employees in 20 different countries and operates production facilities in North Africa, Europe, Asia and South America. The strategic acquisition adds complementary products and market coverage to Aptar’s existing diversified portfolio of business.