Simpson Thacher is representing Polymer Group, Inc. ("PGI"), a portfolio business of the Blackstone Group and one of the world’s leading producers of nonwoven materials, in connection with its recommended cash offer to acquire the entire issued share capital of Fiberweb plc (“Fiberweb”) which was announced on September 7, 2013.
Corporate and real estate lawyers at the Sheffield office of national law firm Irwin Mitchell have advised Underwood Meat Company on a deal which will see the food production firm expand its operations to a new site on Chesterfield’s Holmewood Industrial Park.
Underwood Meat Company’s agreement with Country Park Foods has seen the Rotherham-based firm acquire the latter’s Bramley Foods subsidiary, which specialises in the production of sausages. Handlesbanken in Rotherham, led by Michael Harrison, supported Underwood Meat on the deal.
Bird & Bird today announces that its Corporate team is advising Earthport Plc on its offer to acquire London based BRITDAQ traded company Baydonhill plc.
Earthport plc is a global financial services company providing a cross border payments service in over 50 countries and territories worldwide. The company is listed on AIM, and has been trading since January 2001.
Speechly Bircham has acted as the legal adviser to David Phillips, the specialist property services company, on its add-on acquisition of Peel Mount Contract Furnishings Limited.
Peel Mount, based in Manchester, is a leading provider of furniture and appliances to Universities and Housing Associations across the UK. The acquisition will position the combined entity to become the leading supplier of furniture and appliances to Public Sector and Social Housing organisations nationwide.
Lawrence Graham has advised long standing client Arthur J. Gallagher & Co ("Gallagher"), the international insurance broking and risk management services firm, on its acquisition of Belmont International Limited and group companies ("Belmont").
Belmont is a risk management advisor and insurance broker that provides both retail and insurance employee benefits products and services for their commercial and personal lines U.K. clients. It also specialises in coverage for the passenger transportation, real estate and renewable energy industries.
Corporate legal experts at Irwin Mitchell have advised multi-channel business document specialists, Prolog Print Media, on its acquisition of Rugby-based Datagraphic Limited.
Chesterfield-based Prolog Print Media specialises in secure data-driven business communications, from epayslips to total reward statements, document printing and employee communications of all kinds.
Global legal practice Norton Rose Fulbright has advised the investment fund Perusa Partners Fund 2, LP (Perusa) on the acquisition of a majority participation in Schuberth Holding GmbH and its subsidiaries (Schuberth Group). The former owner, a subsidiary of Susquehanna International Group, LLP from Pennsylvania, USA, keeps a minority share in Schuberth. The operative subsidiaries of the company in Germany and the USA are combined under the umbrella of Schuberth Holding GmbH.
Global law firm Eversheds has advised Equistone Partners Europe Limited, one of Europe’s leading mid-market private equity investors on its investment in Whitworths, the UK’s largest supplier of dried fruit, nut and seed products.
Equistone has taken a majority stake in a transaction which values the business at £90m.
Clifford Chance has advised BNP Paribas Real Estate on the acquisition of iii-investments, Munich, the real estate investment subsidiary of HypoVereinsbank (UniCredit Bank AG). The transaction is subject to the approval by the relevant regulatory authorities. The parties have agreed to maintain confidentiality with respect to the purchase price.
The new acquisition ranks BNP Paribas Real Estate's Investment Management business line as one of Europe's Top 10 real estate asset managers, with EUR 18 billion in assets under management.
Mayer Brown is representing Packaging Corporation of America, the fourth largest producer of containerboard and corrugated packaging products in the United States, on its definitive agreement to acquire all of the outstanding common shares of Boise Inc. for $12.55 per share in cash, for an aggregate transaction value of $1.995 billion, inclusive of $714 million of outstanding indebtedness of Boise. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory and other approvals.