Leading pharmaceutical wholesaler Lexon has refinanced its existing bank facilities and announced the acquisition of a chain of retail pharmacies.
The company, which has a turnover of over £200m, purchased Vittoria Healthcare, which has 11 pharmacies on the Wirral and in North Wales.
Covington advised Adiuva Fund II GmbH & Co. KG, a private equity fund advised by Adiuva Capital GmbH, on the acquisition of nt-trading from private equity investor INVICTO Invest GmbH and various co-investors.
Adiuva Capital is a Hamburg-based independent investment firm focused on investing in mid-sized enterprises. nt-trading is headquartered in Karlsruhe, Germany and specializes in the development and the production of premium products in the field of dental implant technology.
Loyens & Loeff advised Astorg, a European private equity firm, on the acquisition of IGM Resins Coöperatief U.A. and its group (IGM), a global manufacturer and innovator of ultraviolet curable materials, from Arsenal Capital Partners, a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare business services companies.
Contacts
Philip van Verschuer
Marc Klerks
Roderik Beckers
Ruud van Bork
Gide is acting as lead counsel to Zhejiang Semir Garment Co., Ltd. (Semir Garment), the leader in kidswear fashion in China, on its acquisition of the Kidiliz Group, the European leader in premium children’s fashion with brands such as Catimini, Absorba, Z, Paul Smith Junior, and Kenzo Kids, for EUR 110 million.
Linklaters is advising Takeda Pharmaceutical Company Limited (“Takeda”) in relation to its recommended offer for Shire plc (“Shire”) which values Shire at £46bn. The transaction was announced on 8 May 2018.
The Linklaters team is led by Corporate partner James Inglis, and includes Global Chairman of Corporate Matthew Middleditch and Corporate partners Aisling Zarraga, Tom Shropshire and Hiroya Yamazaki, Banking partners Danelle Le Cren and Ian Callaghan and Antitrust partners Jonas Kopenen and Tom McGrath.
Slaughter and May is advising Vodafone Group Plc (Vodafone) on the proposed acquisition of certain operations of Liberty Global (Liberty). Vodafone has agreed to acquire Unitymedia GmbH in Germany and Liberty Global’s operations (excluding its “Direct Home” business) in the Czech Republic, Hungary, and Romania, for a total enterprise value of €18.4 billion. This is expected to comprise approximately €10.8 billion of cash consideration paid to Liberty Global and €7.6 billion of acquired existing Liberty debt, subject to completion adjustments.
King & Wood Mallesons (KWM) advises Chinese technology group Shenzhen Kaizhong Precision Technology Co Ltd. (Kaizhong) on the acquisition of smk systeme metall kunststoff GmbH & Co. KG (smk).
Allgon AB (publ) has entered into a conditional agreement to acquire all shares in Tele-Radio International Holding AB (Tele Radio). The purchase price amounts to SEK 350 million on a debt and cash free basis with a possible additional purchase price of up to a maximum of SEK 50 million.
Allgon is a Swedish company group that develops and delivers wireless communication solutions for industrial and robust environments in the global market.
Orrick advised European investment company Gimv on the acquisition of a 75% stake in Laser 2000 GmbH, a European market leader in photonics solutions.
Through this acquisition, Gimv invests into a technology spanning over all major sectors, including areas such as Industry 4.0, autonomous driving, diagnostics and broadband networks.
With a team led by Stuttgart-based partner Dr. Hermann Ali Hinderer, Heuking Kühn Lüer Wojtek advised a private equity fund advised by CGS Management AG on the acquisition of a majority stake in InnoLas Solutions GmbH. Jointly with previous owner Richard Grundmüller, who remains a shareholder in the company, CGS intends to develop InnoLas Solutions GmbH into a global laser machine manufacturer for micromachining as part of a buy and build strategy.