With a team led by Dr. Pär Johansson from its Cologne office, Heuking Kühn Lüer Wojtek advised investment company Odewald KMU on taking out a majority stake in heizkurier GmbH. The managing shareholders of heizkurier will keep significant stakes in the company. The partnership will enable heizkurier to continue to expand in Germany and to open up markets in other European countries.
DLA Piper Africa has advised Adenia Partners, a private equity firm investing in Sub-Saharan Africa, on its acquisition of a controlling stake in Kanu Equipment Limited (Kanu), a pan-African distributor of capital equipment. The transaction, which will provide growth capital to Kanu, was structured through Adenia Capital (IV), a €230 million fund.
With Boris Dürr, M&A Partner at the Munich office, Heuking Kühn Lüer Wojtek advised CANCOM SE on the acquisition of UK-based Ocean Intelligent Communications Ltd. The company’s founders and parts of management have taken out a minority interest in the new holding company so that CANCOM will end up holding 82.1% in Ocean. Since Ocean is a UK company, Heuking Kühn Lüer Wojtek asked UK law firm Stevens & Bolton LLP to join in advising on the transaction.
DLA Piper represented Industrious in the recent closure of a US$80 million Series C funding round co-led by Riverwood Capital and Fifth Wall ventures. The funding provides Industrious the resources to support the company's accelerated expansion and workplace innovation. The company has more than tripled its number of locations across 25 cities.
Norton Rose Fulbright has advised Trinity Mirror plc on its acquisition of Northern & Shell’s publishing assets for a total purchase price of £126.7 million. Northern & Shell’s publishing assets are a significant force in the UK media sector, with a portfolio of newspapers and magazines which comprise four national newspaper titles (the Daily Express, Sunday Express, Daily Star and Daily Star Sunday) and three celebrity magazines (OK!, New!, and Star) together with a 50% joint venture interest in the Irish Daily Star, outside the UK.
International legal practice Osborne Clarke has advised Grifols on the acquisition of all shares in Haema AG for EUR 220 million. The acquisition is subject to approval by the responsible cartel authorities.
This transaction will reinforce the company’s global leadership in plasma collection by expanding and diversifying its network of plasma donation centers. The Haema donation centers will represent Grifols’ first outside the United States.
Wolf Theiss has advised the Polish state-owned company Towarzystwo Finansowe "Silesia" sp. z o.o. on the acquisition of the majority stake in Fabryka Kotlow SEFAKO S.A., a leading Polish manufacturer of boilers for the power industry.
A team led by Munich-based partner Boris Dürr advised AL-KO KOBER SE technology group on the acquisition of hinge technology specialist WITTE Stromberg GmbH, a subsidiary of WITTE Automotive, the automotive supplier for vehicle access systems. AL-KO KOBER takes over WITTE Stromberg together with a consortium of buyers including Endurance Capital AG and a private investor. With the acquisition of this renowned supplier, AL-KO KOBER intends to expand its activities in the automotive sector and grow further.
B2Holding has yesterday signed and closed an agreement regarding the acquisition of 100% of the shares of Negociation et Achat de Creances Contentieuses (NACC). NACC is one of the leading players in France within debt purchase and servicing. CMS has advised B2Holding on this acquisition in France.
US$1.3bn acquisition of Brookfield Infrastructure's 27.8% stake in Transelec, the largest pure-play power transmission company in Chile.
This transaction reflects a growing trend of increasing China outbound investment into Latin America.