DLA Piper has advised Penske Automotive Group Inc. (NYSE:PAG), an international transportation services company, and its Australian subsidiary on the acquisition of MTU Detroit Diesel Australia.
MTU Detroit Diesel Australia is a leading distributor of diesel and gas engines and power systems, operating in Australia, New Zealand and the Pacific.
DLA Piper has advised on the acquisition by Global Payments Inc of Ezi Holdings Pty Limited (Ezidebit) for AU$305 million. Founded in 1998 and based in Brisbane, Ezidebit is the largest Australian non-bank merchant acquirer and technology-enabled payment solutions company, and has grown to become a market leader in recurring payment solutions across Australia and New Zealand. Ezidebit focuses on enabling Australian and New Zealand merchants to efficiently process payments through a variety of direct debit, BPAY and eCommerce payment solutions.
Clifford Chance has advised European infrastructure investment firm, Antin Infrastructure Partners on its acquisition of Roadchef from Delek Group. Roadchef is one of the three major operators of Motorway Service Areas in the UK with 28 sites serving 44 million visitors each year.
The Clifford Chance team was led by Corporate partner Caroline Sherrell with Finance partner James Boswell.
Acision, a global leader in mobile engagement services and an industry innovator in WebRTC technology has acquired MindMatics Secure Messaging for an undisclosed amount. The acquisition is part of Acision’s growth strategy to broaden its reach and capabilities across enterprise and consumer mobile applications and services, enabling it to offer highly-integrated, hosted messaging solutions, which meet the most stringent requirements for security, reliability, coverage and throughput necessary today.
Today the European Commission approved the US$1.275 billion acquisition of a number of chemical businesses held by Rockwood Specialties Group, Inc. (NYSE: ROC) by Shearman & Sterling client Huntsman Corporation (NYSE:HUN) after an in-depth Phase II investigation. The European Commission’s conditional clearance follows Huntsman Corporation entering into an agreement to sell its TR52 ink grade business to Henan Billions Chemicals Co., Ltd.
Ashurst is advising Sodexo Motivation Solutions U.K. Limited (a wholly-owned subsidiary of Sodexo SA) on its £41 million acquisition of Motivcom plc. Motivcom is an AiM-listed business services group offering incentives and loyalty expertise and meetings and event management services to blue chip corporate clients.
White & Case LLP has advised French advertising and public relations company Publicis Groupe on the acquisition of Nurun from Quebecor Media, to strengthen its digital operations, for C$125 million (€87 million).
DHT Holdings has entered into an agreement to acquire all the outstanding shares of Samco Shipholding Pte. Ltd., a private, Singapore-based company, for a purchase price of approximately $317 million and the assumption of approximately $320 million of indebtedness. Cravath represented DHT in connection with this transaction, which is expected to close in September 2014 and is subject to various customary closing conditions. The transaction includes Samco’s 50% ownership in Goodwood Ship Management Pte.
DLA Piper advised Acturis Limited, a portfolio company of Summit Partners, on the acquisition of the software company NAFI. Located in the North Rhine-Westphalian city of Höxter, NAFI group develops and distributes software solutions for the collection, calculation and analysis of car insurances. The NAFI management will be staying on.
Paul Hastings LLP has advised ZenithOptimedia, part of the Publicis Groupe, on the proposed acquisition of AKM3. The transaction is subject to the approval of the German Federal Cartel Office.
The Paul Hastings team was led by Frankfurt M&A partner Regina Engelstädter and included partners Jan Gernoth and Ali Sahin in Frankfurt, M&A partner Aline Poncelet and antitrust partner Pierre Kirch in Paris, and senior tax advisor Uwe Halbig and attorney Finn Lubberich in Frankfurt.