Global cold rolled steel manufacturer, Hadley Group, has completed the acquisition of Hadley Steel Framing Ltd (HSF).
Hadley Group originally acquired a 50% stake in Hadley Steel Framing Ltd (HSF) 10 years ago, supporting the growth of the company by manufacturing and delivering its cold rolled steel framing products.
International legal practice Osborne Clarke has advised independent mid-market infrastructure investment manager, Ancala Partners LLP., on its acquisition, through its funds, of a majority interest in a group of leading Netherlands-based fibre-to-the-office network providers, including Fore Freedom B.V. and Glasvezelgroep Nederland B.V. with the 100% owned labels Fore Freedom, EasyFiber and Solid Fiber Networks.
King & Wood Mallesons (KWM) has advised Silver Investment Partners on the acquisition of a majority stake in ALVARA Cash Management Group AG.
Silver Investment Partners (SIP) has acquired a majority stake in ALVARA Cash Management Group AG (ALVARA), a leading specialist in cash management software. The acquisition by SIP facilitates management succession. There are also plans for investments in internationalisation and further acquisitions.
Cleary Gottlieb is representing Luigi Lavazza S.p.A. in connection with its acquisition of Mars Drinks from Mars, Inc.
The transaction was signed on September 29, 2018, and is expected to close at the end of 2018 after regulatory approvals have been obtained.
Luigi Lavazza S.p.A. is a family-owned Italian manufacturer of coffee products based in Turin.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising Public Sector Pension Investment Board (‘PSPIB’), currently a minority shareholder in Forth Ports Limited (‘Forth Ports’), in relation to its acquisition of the majority stake in Forth Ports currently held by Arcus European Infrastructure Fund 1 LP.
After completion of the transaction, which was announced last week, PSP Investments intends to partner with other long-term investors to support the future growth of Forth Ports.
International law firm Simmons & Simmons has advised US investor, Hines on the acquisition of Fresh Park Venlo in the Netherlands from the Koninklijke Coöperatieve Telersvereniging Zuidoost Nederland (ZON).
Hines is a global real estate investment, development and management firm, with a presence in 207 cities in 24 countries. The royal ZON is a distinguished player in the international world of fruit and vegetables.
Ashurst advised SYNNEX on European aspects of its US$2.2 billion acquisition of Convergys, which closed on October 5th. Convergys will be integrated with SYNNEX' subsidiary Concentrix, to create the second largest customer engagement services company in the world, with revenues of US$4.7 billion and 225,000 employees.
Eversheds Sutherland has advised longstanding client Legal & General on a £2.4bn buy-out for the Nortel Networks UK Pension Plan, which covers around 15,500 pensioner members and around 7,200 deferred members.
We represented Koiviston Auto Group in its acquisition of OnniBus.com Oy’s entire share capital. The sellers in the transaction were Souter Investments and Onni.Bus.com’s founding members Lauri Helke and Petteri Rantala.
CMS advised Advent International, one of the largest and most experienced global private equity investors, on the CEE and Swiss aspects of the acquisition (and financing thereof) of Zentiva, Sanofi’s European generics business, for €1.9 billion, which completed on 30 September 2018.