Bregal Unternehmerkapital has acquired a majority stake in Embassy Jewel AG, a retail company specializing in luxury watches and jewelry. Headquartered in Lucerne, Embassy Jewel AG has grown steadily since its foundation in 1970 and is today, with its attractively located stores in Lucerne, the Swiss watch capital, and St. Moritz, among the five largest retail companies in this sector. With its new partner Bregal Unternehmerkapital, Embassy Jewel AG plans to make further investments to strengthen the branch network and the in-store infrastructure.

Preem has divested Preem Gas to Kosan Gas.

Preem Gas markets, sells and transports liquefied petroleum gas products. The product portfolio consists of propane and butane solutions and mixtures of these.

De Brauw has acted as lead counsel to Q-Park N.V. shareholders on the controlled auction process resulting in the sale of 100% of the shares to KKR Infrastructure for EUR 2.950 million.

Roschier represented R12 Kapital, a Swedish investment company, in the sale of Cibes Lift Group, one of the world’s largest manufacturers of low-speed platform lifts, to Nalka Invest, an investment company focused on small- and mid-sized businesses in the Nordic region.

Eversheds represented Kurikka Timber Oy in a corporate transaction in which Danish DOVISTA A/S acquired 50% of the shares of Kurikka Timber Oy.

Kurikka Timber is a fast-growing manufacturer of finger joint and laminated wood components for the window and door industry in Northern Europe. The company is located in Suolahti, Finland, with 80 employees at present.

DOVISTA A/S is the active parent company of the constantly growing DOVISTA Group with eleven brands and companies in seven countries, all within the market for windows and doors and related products.

Osborne Clarke has advised the individual shareholders, private equity firm LDC and VCT investor Octopus Intermediate Capital on the sale of Clifford Thames to US-based automotive technology provider OEConnection Holdings.

Shoosmiths has advised NVM private equity backed Kirton group on the disposal of its specialist seating division by way of sale of the entire issued share capital of The Kirton Healthcare Group Limited to Direct Healthcare Group.

Kirton Healthcare was founded in 1980 and is a market leading designer and supplier of specialist chairs for adults and children with all levels of physical ability or disability. The Kirton group continues with its AJ Way brand, one of the UK's leading manufacturers and suppliers of electric and mobility riser recliner chairs.

Dentons has advised the shareholders of German automotive supplier MT Technologies GmbH on the sale of 100 percent of their shares. The majority of shares, 94.9 percent, were sold to AC Industrial Technology Holdings, Inc., headquartered in Singapore – a fully-owned subsidiary of the Philippines-based Ayala Corporation. The remaining shares were sold to two Co-investors. The purchase price is confidential.

Frankfurt, June 12, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the shareholders of PTV Planung Transport Verkehr AG, a leading provider of software for traffic planning and transport logistics, on the sale of approximately 97 percent of shares in PTV to Porsche Automobil Holding SE. The investment volume is more than 300 million euros.

PTV Planung Transport Verkehr AG, headquartered in Karlsruhe, employs around 700 people at 20 locations around the world. The software of the PTV Group is used in over 120 countries.

PARIS – Dechert LLP advised In’Tech Medical, a manufacturer of high-precision surgical orthopedic instruments founded in 1999 and operating in France, the United States and Malaysia on its acquisition negotiations with Eurazeo PME, a French investment company and subsidiary of Eurazeo dedicated to majority investments in French companies with a value of less than €200 million.