Leading international law firm Clifford Chance has advised Mitsui & Co., Principal Investments Ltd. (MCPI), an investment business subsidiary of Mitsui & Co., Ltd., and private equity firm L Catterton Asia, the Asian unit of L Catterton, on their joint acquisition of a stake in OWNDAYS Inc.

Clifford Chance has provided comprehensive legal advice to dormakaba Holding GmbH+Co KGaA ("dormakaba") on the acquisition of a stake in the renowned fittings manufacturer OGRO.

De Brauw has served as Co-counsel to HollyFrontier Corporation in its USD 655 million acquisition of the Sonneborn group.

Further details on the matter can be found below.

Client name
HollyFrontier Corporation

Other parties involved
Sonneborn group, One Equity Partners

Nature of transaction

Gide has advised BioMérieux, a world leader in the field of in vitro diagnostics, on its acquisition of a majority stake in Suzhou Hybiome Biomedical Engineering Co., Ltd.

As part of the deal, the French listed company (Euronext Paris: BIM) acquired 54% of the shares in Hybiome for a valuation of EUR 165 million, as well as additional assets such as distribution rights and existing installed base for EUR 25 million. It had already purchased a minority stake in the Suzhou-based company earlier this year in July, a transaction on which Gide also advised.

Consulting firm Accenture has reached an agreement with the shareholders of Kolle Rebbe to take over their advertising agency. A team led by Dr. Peter Christian Schmidt, Partner at Heuking Kühn Lüer Wojtek’s Hamburg office, advised the Kolle Rebbe shareholders on the sale.
 

The gaming company THQ Nordic AB today announced the acquisition of Coffee Stain Holding AB, including 100 percent of its subsidiary Coffee Stain Publishing AB, and the acquisition of 90% of the shares of Bugbear Entertainment Ltd, with an option to acquire the remaining 10% in the future.

Coffee Stain is a leading game developer and publisher with a growing footprint in the Nordics. The preliminary consideration amounts to SEK 392 million and an earn-out of a maximum of SEK 535 million may be paid in THQ Nordic B shares, subject to certain milestones being met.

CMS has advised major private equity house Cinven on its acquisition of Partner in Pet Food (PPF), a leading European pet food manufacturer, from Pamplona Capital Management. The deal follows Pamplona’s EUR 315m acquisition of PPF from Advent International in April 2015, on which CMS advised Advent.