King & Wood Mallesons (KWM) advised the Sydney Transport Partners consortium on their winning $9.3 billion bid to acquire 51% of WestConnex.

Led by Transurban the consortium also includes AustralianSuper, Canada Pension Plan Investment Board and Tawreed Investments Limited.

Sydney Transport Partners was chosen as the successful Bidder for the WestConnex toll road following Australian Competition and Consumer Commission (ACCC) clearance.

DLA Piper has advised the software supplier Nemetschek SE on the acquisition of the real estate and facilities technology firm MCS Solutions in Belgium, Sweden, India and the USA. The acquisition sees Nemetschek SE gain access to the rapidly growing market in building management. The company will acquire one hundred per cent of the shares in MCS Solutions, leading to an average market growth forecast of more than ten per cent over the coming five years. The two parties have agreed the purchase price will remain undisclosed.

CMS advises the Motorex-Bucher Group on the acquisition of a 50% stake in Motorex AG Langenthal, which specialises in industrial lubricants, from its former joint venture partner Fuchs Petrolub. Both companies have grown significantly, both nationally and internationally, over the past four decades. Both of them are grateful for the former partnership but intend to go separate ways in future.

A team from CMS Switzerland led by Stefan Brunnschweiler advised Motorex-Bucher on all legal matters of the transaction.

CMS Switzerland

Seoul – Paul Hastings LLP, a leading global law firm, announced today that it is advising Golfzon Newdin and its affiliates (“Golfzon”) on the acquisition of 100 percent of the equity interest in Leadbetter Golf Academies, a US-based golf instruction institute founded by legendary golf coach David Leadbetter.

Launched in 1983, Leadbetter Golf Academies consists of a network of approximately 37 academies across the globe, each with a team of elite instructors trained by David Leadbetter.

Fried Frank acted as counsel to Yellow Wood Partners, LLC in its acquisition of WP-Paris Holdings Corp., a company engaged in the design, sourcing, packaging, and wholesale distribution of cosmetic accessories and bath-and-beauty related items to domestic and international retailers.

KWM has advised Argos Wityu on the acquisition of aktivoptik Group, the fifth largest optician and hearing care chain in Germany.

Argos Wityu has acquired a majority stake in German aktivoptik Group (aktivoptik) via its Fund VII as part of a succession plan. 

Rolf Schneider, the founder and former majority shareholder of aktivoptik, will retain a minority stake in the company and will continue his activities as CEO to ensure continuity. The transaction is still subject to approval of the relevant antitrust authorities.