White & Case LLP has advised an international syndicate consisting of Allianz Capital Partners, Borealis Infrastructure Management Inc., Infinity Investments SA and MEAG, the asset management arm of Münchener Rück, on its acquisition of Autobahn Tank & Rast GmbH, the German autobahn services company. The transaction is subject to approval by the relevant regulatory authorities.
Clifford Chance has advised The Carlyle Group on its joint acquisition with Huo's Group of Shell's 75% stake in Tongyi Lubricants, a joint venture between Shell and Huo's Group. The deal is subject to regulatory approvals and is expected to be completed by the end of 2015 or in early 2016. PRC firm Han Yi Law Offices also advised Carlyle on the transaction.
White & Case LLP has advised Mediobanca, Italy's leading investment bank, on its agreement to acquire a majority stake in Cairn Capital, the London-based independent, full service credit asset management, advisory and securities restructuring firm.
White & Case LLP has advised Mid Europa Partners on its acquisition of Centrul Medical Unirea S.R.L. (Regina Maria), Romania's leading healthcare provider, from Advent International and the founders. The transaction is subject to antitrust clearance and is expected to close in Q4 2015.
Mid Europa Partners (MEP) is a leading buyout investor focused on the growth markets of Central & Eastern Europe.
DWF has advised leading UK sports distributor Avocet Sports Limited in connection with the buyout by Hero Cycles, the world’s largest bicycle manufacturer.
Freshfields Bruckhaus Deringer has advised Honeywell International on its agreement to purchase the Elster division of Melrose Industries for approximately £3.3bn.
The transaction is subject to regulatory and Melrose shareholder approval, and it is expected to close in the first quarter of 2016. The acquisition is Honeywell’s largest since its merger with AlliedSignal Inc. in 1999.
Norton Rose Fulbright has advised AmTrust Financial Services, Inc. on the purchase of a 100% stake in N.V. Nationale Borg-Maatschappij (“Nationale Borg”) from HAL and Egeria.
Nationale Borg is a specialty provider of surety and trade credit insurance. In 2014, Nationale Borg generated €91 million in gross written premium. The transaction will result in a capital gain for HAL of approximately €25 million when completed.
Ashurst is advising EmergeVest on the recommended cash acquisition of Palletforce PLC, a Staffordshire-headquartered pallet distribution company. The acquisition is to be made by means of a scheme of arrangement by Forcefield Bidco Limited, a newly incorporated company formed by EmergeVest.
Palletforce was formed in 2001 and operates from a 400,000 sq ft central hub in Burton-upon-Trent, with 100 depots across the UK and Europe.
The terms of the deal have been agreed by the boards of both companies, and the acquisition is subject to shareholder approval.
Slaughter and May advised DONG Energy on its acquisition of SMart Wind, a company established as a joint venture between Mainstream Renewable Power and Siemens Project Ventures to develop offshore wind projects in the Hornsea Zone, together with certain other companies relating to SMart Wind's development of the Hornsea Zone. The Hornsea Zone forms part of The Crown Estate's Round 3 offshore wind programme.
White & Case LLP has advised United Internet AG and its subsidiary, 1&1 Internet SE, on the acquisition for around €150 million of home.pl S.A. from its current owners, led by private equity fund V4C Eastern Europe.