The corporate team at international commercial law firm Hill Dickinson has advised on the sale of Greater Manchester-based vehicle body-building specialist Alloy Bodies.
The entire share capital of Alloy Bodies, which operates out of Miles Platting, has been acquired by Scottish based acquiror, The Anderson Group.
Clifford Chance has advised NBC Universal Global Networks Deutschland GmbH on the sale of its 50% share in The History Channel (Germany) GmbH & Co. KG to companies belonging to A+E Networks. The History Channel (Germany) had previously been operated as a joint venture between NBCUniversal and A+E Networks.
The London office of Debevoise & Plimpton LLP has advised Clayton, Dubilier & Rice (CD&R) and SSA Investments (SSA) in the sale of 125 million ordinary shares in B&M European Value Retail S.A. The shares were priced at £3.634 per share, representing total proceeds of approximately £454.3 million.
Following the closing of the transaction, funds managed by CD&R and its affiliates will continue to own approximately 4.9% of B&M.
We are representing Helsinki-listed Sponda Plc in connection with the public tender offer of Polar Bidco S.à r.l., a corporation owned by funds advised by affiliates of The Blackstone Group L.P., to purchase all issued and outstanding shares in Sponda. In the tender offer, Sponda shareholders will be offered a cash consideration of EUR 5.19 for each share in Sponda representing an aggregate equity purchase price of approximately EUR 1,763 million for Sponda shares.
Osborne Clarke has advised LDC and the A-Gas senior management team on the sale of A-Gas to KKR. LDC is one of the UK’s leading mid-market private equity investors. The company originally invested in A-Gas, a market leader in the distribution and life-cycle management of specialty gases and chemicals, in 2011.
Vinge advises DGC One AB (publ) (“DGC”) in connection with EQT’s acquisition of 85.2 percent of the total number of shares and votes in DGC and subsequent mandatory recommended cash offer to the remaining shareholders. EQT offers SEK 250 in cash per share in DGC. The total offer value for DGC amounts to approximately SEK 2.3 billion.
Vinge’s team consists of Göran Nyström, Dain Hård Nevonen and Sofie Bjärtun. Marcus Glader advices on competition law matters.
The private equity firm Norvestor has sold ABAX to Investcorp for USD 210 million, including debt.
The team that assisted Norvestor was headed by Anders Arnkværn; the other team members were Solveig Fagerheim Bugge, Nicolai Julsvoll and Kai-Ståle Kristiansen.
ABAX sells and develops vehicle tracking technology. The company has 350 employees with business operations in eight countries.
Loyens & Loeff advised AAC Capital Partners B.V., a Netherlands-based private equity firm, on the disposal of Baarsma Wine Group Holding B.V., a Netherlands-based distributor of wines to InVivo Group, a France-based company engaged in the manufacture and distribution of agricultural products and animal nutrition and health products.
The Moscow office of Debevoise & Plimpton LLP has advised Polyus Gold International Limited in connection with its agreement to sell 354,095 ordinary shares in PJSC Polyus for a total consideration of up to $25 million to a special purpose vehicle controlled by the Russian Direct Investment Fund.
PJSC Polyus is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced. The Company also holds the fourth largest mineral resources base in the world.
Culligan Acquisition Italy srl, a member of the world’s leading water management company, controlled by the Advent private equity fund, acquired Blupura srl, a Loreto company founded by Luca Costantini and Gianni Grottini, active in the design, Production and sales of dispensers for the dispensing of filtered, chilled, sparkling, hot and purified drinking water.