The Chinese chemicals group ChemChina has been given the go-ahead for its takeover of Swiss agrochemicals group Syngenta. ChemChina made its takeover bid for the company in March 2016. Subsequently, all of the necessary clearances have been obtained from the antitrust authorities following the successful completion of all necessary investment controls.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised global private equity firm Warburg Pincus on its sale of Safetykleen Europe, the largest service provider of surface treatment and chemical application services, to funds advised by Apax Partners.
Shoosmiths has advised the shareholders of TSC Inspection Systems, which include long standing client Octopus Investments, on the company's acquisition by market-leading Eddyfi Technologies.
Headquartered in Milton Keynes, TSC has significantly contributed to electromagnetic testing technologies over the last 30 years. TSC's ACFM technology is accepted as one of the most reliable methods of detecting surface-breaking cracks in steel structures and metallic components and is specified by owners and operators of safety-critical infrastructure worldwide.
Squire Patton Boggs has advised NFFC Group Holdings Limited and Fawaz Al-Hasawi on the sale of Nottingham Forest Football Club Limited to NF Football Investments Limited, a company headed by Evangelos Marinakis, the Greek shipowner, businessman and owner of Greek champions Olympiacos F., and Sokratis Kominakis, a Greek businessman and investor.
Frankfurt, May 19, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the GEP III Funds, a private equity funds managed by ECM Equity Capital Management GmbH (ECM), in relation to the sale of Germany’s leading steak house chain Maredo to a fund managed by Perusa GmbH. The parties have agreed not to disclose details of the transaction.
Advising Business & Decision and the family group Bensabat in connection with the entry of exclusive negociations with Orange, to sell a controlling stake of around 67 % of the share capital of Business & Decision, a company listed on Euronext Paris, to Orange Business Services.
The investor Alpha Private Equity acquired German EUROPART Holding GmbH by means of a tender. Sellers were funds of the investment companies Triton (Fund II) and Paragon (Fund I). P+P advised EUROPART's management as part of the transaction.
EUROPART, headquartered in Hagen-Haspe, is a wholesaler of spare parts and accessories for commercial vehicles, buses and special-purpose vehicles of all classes in Europe. The company's customers are automobile workshops, transport companies and fleet operators.
Frankfurt, May 18, 2017 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the Deutsche Beteiligungs AG (DBAG) on the sale of its shares in ZGS Verwaltungs-GmbH (Schülerhilfe). The shares in Schülerhilfe are acquired by Oakley Capital Private Equity, whose portfolio includes numerous private schools.
DLA Piper has advised the majority owners of the My Home group in relation to the sale of furniture retailer My Home Møbler, which has 30 outlets spread across Denmark, to Swedish DYI market Bygghemma.
Bygghemma is owned by FSN, a private equity investment company, and is the largest online DYI market in the Nordics. It already owns the furniture chains Trademax, Chilli and Furniturebox and its annual revenue is approximately SEK 3 billion.
Allen & Overy has advised EQT VI Limited (“EQT VI”), on the sale of Bureau van Dijk to Moody’s, a subsidiary of Moody’s Corporation, for an enterprise value of EUR 3 billion.
Bureau van Dijk, operating from its Amsterdam headquarters, captures, treats, standardizes, and distributes the world’s richest private company dataset, with coverage of more than 220 million companies.