Freshfields Bruckhaus Deringer LLP has advised Dubai Aerospace Enterprise (DAE) on its definitive agreement to sell 100% of StandardAero to an affiliate of Veritas Capital.

International law firm Freshfields Bruckhaus Deringer LLP has advised Dubai Aerospace Enterprise (DAE) on its definitive agreement to sell 100% of StandardAero to an affiliate of Veritas Capital. DAE and Veritas Capital announced the deal on Thursday.

Baker & McKenzie has advised global tobacco group British American Tobacco ("BAT") on its agreement to acquire TDR d.o.o. and other tobacco and retail assets ("TDR") from Adris Group d.d.("Adris") for an enterprise value of €550 million.

TDR is the leading independent cigarette manufacturer in Central Europe with a market leading position in Croatia and a position of scale in Bosnia and Serbia.  This acquisition will enable BAT to significantly grow its business in the region.

Hogan Lovells advised Spanish insurer Mapfre on the acquisition of Direct Line in Italy and Germany for €550 million. The transaction, announced last September, was completed on 29 May 2015 with the reception of all the regulatory clearances in both countries, as well as authorisation from the EU competition authorities.

The acquisition will  add 1.6 million clients to Mapfre's client base, strengthening its presence in Continental Europe and confirming its commitment to the online direct insurance business.
 

Slaughter and May is advising Equinix, Inc. on its recommended cash and share takeover offer for Telecity Group plc. The recommended offer was announced on 29 May 2015. The Equinix legal team was led by general Counsel Brandi Galvin Morandi and EMEA General Counsel Peter Waters.

Linklaters is advising Pure Gym, the UK’s leading gym operator, on the competition aspects of its completed acquisition of LA Fitness and its 43 fitness clubs, in a combination that will extend the availability of affordable fitness centres to people across Britain, particularly in London and the South East.

Pinsent Masons has advised Auctus Industries on the $220m buyout of Shimtech Industries Ltd from Bridgepoint Development Capital in a transaction backed by Inflexion Private Equity.

Auctus is a vehicle established to consolidate niche Tier 2 and Tier 3 components suppliers in the aerospace sector with the aim of creating a global, diversified aerospace group. Its co-founders are Terry Twigger, former CEO of Meggitt Plc, Valerio Massimo di Roccasecca and Edward Spencer-Churchill.

Clifford Chance has advised European private equity firm Cinven on its agreement to acquire Labco, one of the largest European operators of medical diagnostic laboratories, from a consortium of investors.  

The acquisition will allow Cinven’s Healthcare and French teams to take advantage of  Labco's success accross a number of areas, including its strong historic financial performance and medical leadership in specialist areas, cementing its position as an attractive investment opportunity.

King & Wood Mallesons advised Parquest Capital on the acquisition of the Clinique du Souffle and of the Clinique of Val Pyrene, alongside the management, from Fontalvie to create the group 5 Sante.

Based in Perpignan (France), this new group is composed of four clinics specialised in the rehabilitation of chronic patients. The group employs 300 people and generates an annual turnover of €27 million. Dedicated to suite care and rehabilitation, these clinics are located in the Pyrenees-Orientales, Herault and Cantal (France).

The Glasgow corporate team of national legal business DWF has advised Capita plc on its acquisition of Pervasive Limited, an IT solutions provider specialising in enterprise wireless networks, mobility and ‘bring your own device’ solutions. The business will sit within Capita IT Enterprise Services as part of the Technology Solutions division.

DLA Piper has advised Waterlogic Australia Holdings Pty Limited on its purchase of Unlimited Water Pty Ltd. Waterlogic Australia is a subsidiary of the Waterlogic Group, which is a leading provider of point-of-use (POU) water purification systems and dispensers throughout offices, schools, hospitals, restaurants and homes across Europe, the United Kingdom, North America and Australia.