Willkie advised Ring International on the transaction.
The BOA Group (BOA) has been sold to Austria-based strategic partner Ring International Holding (RIH). Ring International Holding AG is one of Austria's most dynamic investment companies and its focus is on acquiring companies and promoting their development on a sustainable basis.
Shearman & Sterling advised Mitsubishi Chemical Corporation on the acquisition of all shares in Cleanpart Group GmbH from Service Investment S.à.r.l., a subsidiary of Deutsche Beteiligungs AG’s investment fund DBG Fund VI. Closing of the transaction is expected in October 2018.
Orrick advised VR Equitypartner GmbH on the acquisition of a majority share in Auto-Pflege-Zentrum, Germany's largest nationwide provider of vehicle preparation services, from TÜV SÜD AG.
A cross-border team has advised private equity firm Permira, and its portfolio company and leading corporate services provider, Tricor Group, on the acquisition of 100% of the shares in Madison Pacific Group, a provider of specialised independent financial and corporate services, announced on 31 July 2018.
Willis Towers Watson, through its French subsidiary Gras Savoye, entered into exclusive negotiations as regards the purchase of 100% of Dero Courtage's share capital, a renowned broker in Le Havre, which has been developing its expertise in business and management risk insurance for over 80 years.
Client name
Caldic Canada Inc.
Other parties involved
HT Griffin Inc
Nature of transaction
Caldic, international distributor and producer of food ingredients and specialty chemicals, has completed the acquisition of HT Griffin Food Ingredients, a prominent manufacturer and supplier of food ingredients and blending solutions to the Canadian market. The completion of this agreement underlines Caldic’s strong position and aspiration to be a leading global food ingredient solution provider.
Value of transaction
Lydall, Inc., a provider of specialty engineered products for the thermal/acoustical and filtration/separation markets, announced on August 9, 2018 its agreement to acquire Interface Performance Materials, a provider of gasket and specialty materials, for $265 million. Lydall expects the transaction to further advance its engineered materials offering in new markets with similar technologies utilized in Interface’s business.
Osborne Clarke in Sweden has advised international venture capital fund, EQT Ventures on EQT VIII Fund and EQT Ventures’ joint acquisition of Banking Circle from Saxo Bank A/S and other minority owners.
Banking Circle provides a banking platform that enables online cross-border payments. Banking Circle has around 85 employees and is headquartered in Denmark, with offices in Denmark, Luxembourg and the UK.
Partner Mikael Moreira and Associate Kim Bergman from Osborne Clarke’s Stockholm office advised on the transaction.
Global law firm White & Case LLP has advised SYNLAB on the acquisition of Yhtyneet Medix Laboratoriot Oy (YML), Finland's leading private laboratory company, from Medix Laboratoriot Oy and Yhtyneet Laboratoriot Oy.
SYNLAB Group, the European market leader in medical diagnostic services, offers the full range of innovative and reliable medical diagnostics for patients, practicing doctors, clinics and the pharmaceutical industry. The acquisition of YML is an important step in SYNLAB's expansion strategy in the Finnish market.
With a team led by Dr. Stefan Duhnkrack, Heuking Kühn Lüer Wojtek advised PREMIUM Equity Partners GmbH on taking out a majority stake in Dresden-based mechanical engineering company KAMA GmbH. Investment firm ARCUS Capital AG is the seller. The two managing shareholders will continue to hold shares in KAMA. The acquisition was made via the “Mittelstand” fund managed by PREMIUM Equity. The parties agreed not to disclose the purchase price.