Charles Russell Speechlys has advised Mander Portman Woodward Limited (MPW) on its strategic acquisition of Justin Craig Education, one of the United Kingdom’s leading exam preparation tutoring businesses, from Piper Private Equity.
White & Case LLP has advised Energeticky a prumyslovy holding (EPH) on its agreement to buy Eggborough Power Limited, an acquisition which marks the group’s entry into the UK market.
EPH is a leading Central European energy group operating mainly in the Czech Republic, Slovakia and Germany. The group includes 40 companies, employing more than 10,000 people, operating in coal extraction, electricity and heat production from conventional and renewable sources, electricity and heat distribution, electricity and gas trading and supply to end users.
ProXES GmbH, a new holding company set up by Frankfurt-based Deutsche Beteiligungs AG (DBAG), has acquired a stake in FrymaKoruma AG (Rheinfelden, Switzerland) and FrymaKoruma GmbH (Neuenburg) from the Romaco Group. Under the umbrella of ProXES, the two FrymaKoruma process engineering companies will work closely with existing investment Stephan Machinery GmbH. Headquartered in Hameln, Stephan Machinery was acquired by DBAG in 2013.
Shearman & Sterling advised Namura Shipbuilding Co., Ltd. in its completed acquisition of Sasebo Heavy Industries Co., Ltd. in a transaction valued at $234 million.
Sasebo Heavy Industries Co., Ltd. was established in 1946, with its main center of operations located in the former Sasebo Naval Base. Since that date, the company has expanded its workshops and shipyards to become a well-coordinated heavy industry company with four main divisions comprised of Shipbuilding, Ship-repairing, Machinery and Steel Structures.
Paul Hastings LLP has represented private equity firm GI Partners, a leading middle market private equity firm, in connection with its acquisition of Kellermeyer Bergensons Services, L.L.C. (“KBS”), a leading provider of integrated facilities management services to many of the largest retail and grocery chains in North America.
Private Equity/M&A partners Brandon Howald and William Simpson led the Paul Hastings team, which also included Finance of counsel Lindsay Sparks and Tax partner Doug Schaaf.
Baker & McKenzie recently advised MCH Messe Schweiz (Basel) AG (MCH Swiss Exhibition (Basel) Ltd.), a company belonging to the MCH Group AG/Ltd., on the acquisition of the remaining 40 percent of the shares in Asian Art Fairs Limited in Hong Kong. MCH Group had acquired 60 percent of the shares in Asian Art Fairs Limited in July 2011 and utilized its option to acquire the 40 percent balance in 2014.
Dechert advised Solucom in its acquisition of Audisoft Oxéa. As per the terms and conditions of the agreement, Solucom acquired a 100% stake in Audisoft Oxéa, entirely financed in cash. This acquisition strengthens Solucom’s positions in the banking sector.
Allen & Overy has advised Emperador Inc, a subsidiary of Alliance Global Group Inc., one of the largest Philippines conglomerates, on its acquisition of Whyte & Mackay Group from United Spirits Limited, a company listed on the Bombay Stock Exchange, for an enterprise value of approximately GBP430 million.
Clifford Chance has advised COFCO Corporation on the closing of two concurrent global acquisitions, being 51% of Noble Agri Limited for an initial purchase price of US$1.5 billion and 51% of Nidera Capital B.V. for approximately US$1.3 billion. Both Noble Agri and Nidera acquisitions became wholly unconditional on 30 September and were completed and settled on 14 October.
Casa Cuervo and Diageo have entered into an agreement under which Casa Cuervo will acquire The “Old Bushmills” Distillery Company Limited, including the Bushmills Irish Whiskey brand, and Diageo will acquire full ownership and control of Don Julio Tequila for $408 million, which will be paid to Diageo upon completion. Cravath represented Casa Cuervo in this transaction, which is expected to close in early 2015 subject to certain approvals.