Ashurst advised Grammer AG, a global supplier of automotive interior components and a leading producer of seating systems for commercial vehicles, on the acquisition of Toledo Molding & Die Inc. (TMD), based in Toledo, Ohio (USA). The TMD Group is a specialist in the development and production of thermoplastic products and applications mainly for vehicle interiors for the automotive and automotive supply industry.
Womble Bond Dickinson (WBD) has acted for NorthEdge Capital on the management buyout of Cutwel Limited.
Operating from its purpose built distribution facility in Cleckheaton, Cutwel specialises in supplying precision cutting tools and machine accessories to the engineering industry throughout the UK and Ireland. The investment from NorthEdge will support Cutwel as it continues to scale its Sales Team with investment in recruitment and training.
Simon Pilling, Partner; James Cook, Legal Director and Catherine Willis, Associate led a large cross discipline team.
Charles Russell Speechlys has advised the Civica Group (an investee company of Partners Group) on the acquisition of master data management specialists, VisionWare Limited (VisionWare).
Slaughter and May, Hong Kong, is advising Lai Sun Garment (International) Limited (LSG) and Lai Sun Development Company Limited (LSD) on LSD’s conditional voluntary general offer to acquire all the shares in Limited (eSun) not held by the LSD group (and the corresponding offer to cancel all of its outstanding share options) and, pursuant to the chain principle under the Hong Kong Takeovers Code, its related possible mandatory general offer to acquire all the shares in a subsidiary of eSun, Lai Fung Holdings Limited (Lai Fung), not held by the LSD group (and th
A team led by Dr. Stefan Duhnkrack, Partner at the Hamburg office of law firm Heuking Kühn Lüer Wojtek, advised Satellite Solutions Worldwide Group plc – now named BigBlu Broadband PLC – on the acquisition of Sat Internet Services GmbH (including its Portuguese subsidiary and Italian-based OpenSky S.r.l.). The acquisition required shareholder approval. The transaction is mainly financed via a GBP 12 million share placement on London Stock Exchange and debt secured in Germany by HSBC.
A team led by Hamburg-based partner Dr. Johan Schneider advised Viessmann Group on the acquisition of insolvent wibutler GmbH in Münster, a manufacturer of smart home solutions. The acquisition complements Viessmann’s product range in the smart home sector. Both the wibutler brand and the development and production site Münster, where management and jobs are retained, will be strengthened by the transaction.
DLA Piper has advised a consortium comprising China’s Qumei Home Furnishing Group and Huatai Zijin Investment on the acquisition of Ekornes, the largest furniture manufacturer in the Nordic region, for an total consideration of approximately NOK 5.1 billion (US$630.75 million).
Eversheds Sutherland advises NewRiver REIT plc on acquisition of Hawthorn Leisure Holdings Limited
Eversheds Sutherland has advised NewRiver REIT plc (NewRiver), a FTSE 250 property developer and asset manager, on its £106.8m acquisition of Hawthorn Leisure Holdings Limited (Hawthorn) from an affiliate of Avenue Capital Group
International law firm Hogan Lovells recently represented global real estate investment company Ivanhoe Cambridge in the acquisition, alongside Blackstone Property Partners, the Core+ real estate investment unit of Blackstone, of 100 percent of the outstanding trust units of Pure Industrial Real Estate Trust. The total transaction value is approximately US$3 billion.
Cooley advised RockRose Energy on its agreement to acquire Dyas for €107 million. Partner Ed Lukins led the team advising RockRose.
The acquisition will be funded by existing cash and will add 13 million barrels of oil equivalent net developed reserves and more than 5,000 barrels of oil equivalent per day. There will be a significant working capital adjustment at the completion of the deal.