Global law firm White & Case LLP has advised Nordic Capital Fund IX (Nordic Capital) on the acquisition of Prospitalia GmbH (Prospitalia), a leading healthcare-spend management and technology-enabled clinical solutions company for acute, post-acute and other healthcare service providers and vendors, from Five Arrows Principal Investments.
The parties have agreed not to disclose financial details.
International law firm Ashurst and Swiss law firm Meyerlustenberger Lachenal AG advised software company SAP SE (SAP), based in Walldorf, Germany, on the acquisition of Coresystems FSM AG (Coresystems FSM), a Switzerland headquartered leading provider of mobile and cloud-based software solutions in the segments of field service management and workforce management. Coresystems FSM has branches in Berlin, Fribourg, London, Miami, Munich, Sao Paulo and Shanghai.
Clifford Chance has advised global private markets investment manager, Partners Group on the acquisition of Megadyne Group ("Megadyne"), a leading manufacturer of power transmission belts, from Astorg. The transaction complementary to Partners Group's agreement to acquire Ammeraal Beltech ("Ammeraal"), a global leader in light-weight process and conveyor belting, from Advent International which the team at Clifford Chance also advised on negotiating the two in parallel. The combined enterprise value of the two transactions is EUR 2 billion.
Baker McKenzie has advised the American giant Archer Daniels Midland (ADM) in the context of the acquisition of Neovia, a global provider of high value-added animal nutrition solutions, for € 1.535 billion.
Listed on the New York Stock Exchange (NYSE), ADM is one of the top 50 American companies in terms of turnover according to the Fortune 500 list published each year by the economics magazine Fortune. With turnover of $62.3 billion, ADM is also one of the major global players in the food industry.
Paris – Paul Hastings LLP, a leading global law firm, announced today that it has advised Astorg, a European private equity firm with total funds under management of over €4 billion, in connection with the acquisition of IGM Resins, a global manufacturer and innovator of ultraviolet curable materials, from New York private equity firm Arsenal Capital Partners.
The transaction, which was subject to regulatory approvals, closed on 3 July 2018.
Global law firm White & Case LLP has advised an investment consortium led by CVC Capital Partners, one of the world's leading private equity and investment advisory firms, and including PSP Investments and StepStone, on the acquisition from the Recordati family of the holding company that owns a 51.8 percent stake in the Italian pharmaceutical group Recordati.
The transaction is valued at approximately €3 billion (US$3.5 billion), representing a 100 percent equity value for Recordati of €5.86 billion, equivalent to €28.00 per share.
Baker McKenzie assisted the Canadian group, Magna International Inc., one of the world's leading suppliers in the automotive industry, in the acquisition of Olsa SpA, an Italian company specializing in lighting systems based in Turin and with subsidiaries in Brazil, Mexico, China, Poland and Turkey, and boasting among its customers European car manufacturers such as Daimler, Volkswagen, BMW and FCA. Olsa was assisted by Pedersoli Studio Legale.
Baker McKenzie acted as lead legal advisor for Archer Daniels Midland Company (ADM), one of the world’s largest agricultural processors and food ingredient providers, in connection with its €1.5 Billion proposed acquisition of French headquartered Neovia, a global provider of value-added animal nutrition solutions. The deal marks another major milestone in the execution of ADM's strategic plan and portfolio transformation by bringing geographic expansion on three continents as well as state-of-the-art innovation capabilities and a diversified product portfolio to ADM.
The Dutch group Albelli has entered into exclusive negotiations with M6 Group regarding the full acquisition of monAlbumPhoto, a leading e-commerce player in France in the printing and processing of photo albums and personalised photo products.
Morgan Lewis represented China Aviation Oil (Singapore) Corporation Ltd, one of the Asia Pacific region’s leading physical jet fuel traders, in its acquisition of Navires Aviation Limited from Castleton Commodities Merchant Trading L.P.
The transaction, which closed on June 29, was led by Morgan Lewis partner Olivier Chambord and associate Sonia Namutebi. Partners Suet Fern Lee, Izzet Sinan, and Christian Zschocke provided support.