Paul Hastings, a leading global law firm, announced today that the firm advised Sansei Technologies, Inc. (“Sansei Technologies”), an Osaka-based public company engaged in the design, manufacture, repair and maintenance of amusement rides, stage equipment and elevators, on its 100% acquisition of leading global roller coaster manufacturer Vekoma Rides B.V. (“Vekoma”).
Charles Russell Speechlys have advised Mobeus Equity Partners on its investment in SuperCarers, an online platform addressing the acute UK care crisis. Mobeus provided £2.1 million of development capital, leading a £3.8 million investment round, alongside other investors including JamJar Investments and Seneca Partners.
DLA Piper has advised power generation specialist Pacific Energy Limited on its AU$90 million acquisition of Contract Power Group.
The transaction involves Pacific Energy acquiring 100% of the shares in Contract Power and certain assets or other related entities for AU$90 million, comprising AU$85 million cash and AU$5 million in Pacific Energy shares.
Deleplanque & Compagnie SA (Maisons-Laffitte, France) and SUET Saat- und Erntetechnik GmbH (Eschwege, Germany) acquired 60 percent (Deleplanque) and 40 percent (SUET) respectively of German Strube group. The acquisition was in part effected by taking over the main assets (transferring restructuring) as part of the ongoing self-management of the assets of Strube GmbH & Co. KG and in part through the acquisition of the other major companies of Strube group from a trust company.
Diana Hund led the McDermott corporate, regulatory, tax, data privacy and IP team that advised online travel booking firm MisterFly on its acquisition of BazarChic Voyages (operating as Idiliz). The Paris office team included Marie-Muriel Barthelet, Anne Febvre, Laurent Ayache, Camille Spegt, Antoine Vergnat, Côme de Saint-Vincent, Thibault Stumm, Romain Perray, Julie Uzan-Naulin, Laura Morelli, Charles de Raignac and Sarah Candelibes.
Leading international law firm Clifford Chance has advised global asset manager The Carlyle Group on its acquisition of 100% of The Accolade Wines Group from CHAMP Private Equity and minority shareholder Constellation Brands for total purchase consideration of AU$1 billion.
Headquartered in Australia, Accolade Wines operates a global wine production and consumer wines product business, with annual global sales in excess of 36 million cases of wine to 140 countries around the world. It is Australia and the UK's largest wine company by sales volume.
Willkie represents IK Investment Partners in connection with its contemplated acquisition of a stake in Questel, a global leading provider of intellectual property information and management software and services.
Munich – Munich-based sports tech start-up eGym is acquiring the mobile apps division of Californian firm Netpulse Inc. This move sees the company further expanding its digital portfolio. The details of the deal were not disclosed.
Danish textile company Kvadrat A/S has acquired long-established firm SAHCO Hesslein GmbH & Co. KG out of insolvency. The Scandinavian group is aiming to boost its international presence through the acquisition, which will take effect from 1 May 2018. The parties agreed not to disclose details of the purchase price.
A CMS team headed by Joachim Kühne and Dr Regine Hagen-Eck advised the Kvadrat A/S group on all legal aspects of the transaction.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Japan Tobacco Inc on its agreement to acquire the Donskoy Tabak group for US$1.6bn.
Donskoy Tabak is the fourth largest tobacco company in Russia. The deal is one of the largest investments in Russia by an international investor in the consumer goods sector since 2014. It is one of a number of acquisitions around the world on which Freshfields has advised Japan Tobacco Inc.