Clifford Chance has advised Triton Fund II and Paragon Fund I on an agreement to sell Europart Holding GmbH, Hagen, Germany, to Alpha Private Equity Group. The parties have agreed not to disclose the purchase price. The transaction is subject to regulatory approval in the relevant jurisdictions.
Global law firm White & Case LLP has advised all shareholders of Ogeda SA on the sale of all their shares to Astellas Pharma Inc., a listed Japanese pharmaceutical company.
The share purchase agreement was signed in Brussels on March 31, 2017. The closing took place on May 16, 2017 following approval by the US antitrust authority.
Loyens & Loeff advised Bain Capital LLC, a US-based private equity firm, on the disposal of Apple Leisure Group Company, a US-based company, engaged in offering travel and tourism services to Kohlberg Kravis Roberts & Co. L.P., a US-based private equity firm and KSL Capital Partners, LLC, a US-based private equity firm.
Loyens & Loeff advised EDF Trading Ltd., a UK-based company, that offers natural gas and coal acquisition, management, and transportation services, on disposal of its 100% stake in AMSTUW B.V. being the indirect owner of the Rietlanden Terminal in the port of Amsterdam to JERA Co., Inc., a Japan-based company, engaged in fuel and domestic/overseas power generation businesses.
Hill Dickinson has advised on the management buy-out of Manchester-based consumer insight agency Join the Dots.
Headquartered in Manchester’s Northern Quarter in the city centre, Join the Dots delivers consumer insight through a combination of primary research and the latest thinking in psychology, behavioural economics and consumer trends.
Hill Dickinson corporate partners Ian Riggs and Alasdair Mackinnon acted on behalf of company founders and previous majority shareholders Pete and Trish Comley, with assistance from associate Katie Somerville.
Funds advised by finance investor Equistone have sold their majority participation in EuroAvionics Group. The buyer is HENSOLDT AG, a spin-off of the defense electronics division of the Airbus Group. The transaction is still subject to approval by the responsible regulatory authorities.
DLA Piper represented Greensmith Energy Management Systems Inc., the developer of an energy storage software solution, in its acquisition by Wartsila, a Finnish manufacturer of marine and energy power sources. The agreement is subject to US regulatory approval and is expected to close in July 2017.
Client name
Patheon N.V. - target
Other parties involved
Thermo Fisher Scientific Inc.; JLL Partners ; Koninklijke DSM N.V.
Nature of transaction
Thermo Fisher Scientific will commence a tender offer to acquire all of the issued and outstanding shares of Patheon for USD 35.00 per share in cash. The transaction represents a purchase price of approximately USD 7.2 billion, which includes the assumption of approximately USD 2.0 billion of net debt.
Value of transaction
USD 7.2 billion
Date deal
15 May 2017
DLA Piper represented Fosun International Limited in its sale of Ironshore Inc., a global property-casualty insurer, to Liberty Mutual in a deal valued at approximately US$2.935 billion.
Fosun International is the largest privately owned conglomerate in China and focuses on insurance, industrial operations, investment and asset management.
Loyens & Loeff advised Gilde Buy Out Partners BV, a Netherlands-based private equity company, on the disposal of a majority stake in Novagraaf BV, a Netherlands-based intellectual property consulting group, to Paragon Partners GmbH, a Germany-based private equity company.