Squire Patton Boggs has acted for Lubrizol Corporation on the acquisition of Warwick Chemicals, a leading global developer, producer and supplier of stain removal technology with hygiene benefits.
Vinge has advised Doro in connection with the acquisition of Caretech for SEK 240 million on a debt-free basis. Caretech is the Nordic region’s market leader within digital carephone telephony and ancillary services for the elderly. The company’s headquarters are situated in Kalix and it has approximately 100 employees. Verdane Capital has been the company’s principal owner.
Vinge’s team consisted of partner Johan Winnerblad together with, among others, associates Nicolina Kindblom and Filip Öhrner.
Bird & Bird LLP has advised German company Radiomed-Service für radiologische Großpraxen GmbH, based in Leverkusen, in its successful bid for and acquisition of all shares in iSOFT Health GmbH from Computer Sciences Corporation (CSC) Group.
Delphi has been legal advisor to The Intertain Group Limited, which is listed on the Toronto Stock Exchange (TSX), in connection with its acquisition of all shares in the online casino company Dumarca Holdings PLC (the Malta-based parent company of the Vera&John Group). The purchase price amounts to a maximum of approximately SEK 840 million (EUR 89.1 million) on a cash and debt free basis.
Private Equity funds Equita GmbH &Co. Holding KGaA and Equita GmbH & Co. CoVest KGaA (“Equita“), has instructed Watson Farley Williams (“WFW“), a leading international law firm, to advise on all legal and tax aspects regarding the acquisition of a majority shareholding in Windstar Medical Group (“Windstar Medical“).
Clifford Chance has advised Wumei Holdings, Inc. on its agreement to purchase a 70% stake in the B&Q China business from Kingfisher plc, Europe's leading home improvement retailer for £140 million (approx. US$218 million). The deal is subject to obtaining regulatory approval.
Wumei Holdings is one of China's leading retail chain store operators with 650 supermarkets and 10 department stores. It is also the controlling shareholder of Hong Kong listed Wumart Stores, Inc. and Shanghai listed Yinchuan Xinhua Commercial (Group) Co., Ltd.
Milbank, Tweed, Hadley & McCloy LLP is advising leading global hedge fund Man Group plc in its announced acquisition of Silvermine Capital, a fund manager headquartered in Stamford, Connecticut.
London-based Man Group, the UK’s largest publicly traded hedge fund, will pay up to $70 million for Silvermine, including a $23.5 million up-front payment and two potential earn-out payments.
Absolent Group AB has acquired Avani Environmental International Inc., a company based in Raleigh, NC, United States providing air purification products on the US market.
HEXPOL has signed an agreement to acquire RheTech Thermoplastic Compounding for USD 112 million.
RheTech, with close to 50 years’ experience in the business, has four facilities in Whitmore Lake and Fowlerville, Michigan, in Sandusky, Ohio and in Blacksburg, South Carolina. RheTech had a turnover of USD 117 million in 2013 and has around 200 employees. The transaction is subject to customary regulatory approvals.
Delphi together with Blake Cassels & Graydon LLP advisor when Sierra Wireless expands into M2M connectivity services with acquisition of Wireless Maingate.
Wireless Maingate AB is a Sweden-based provider of machine-to-machine (M2M) connectivity and data management services. Sierra Wireless will acquire all the outstanding shares of Wireless Maingate, including those held by Nordic private equity fund Verdane Capital VI.
The transaction is expected to close in February 2015.