DLA Piper has advised H.I.G. Europe on the sale of specialty alumina producing companies, Alufin GmbH Tabularoxid and Alteo Arc SA, to Imerys.

These Alteo companies produce specialty alumina for the manufacturing industry. They employ 290 individuals at three manufacturing sites in Germany and France (Teutschenthal, La Bâthie and Beyrède) and had sales of EUR 80 million in 2015 in Europe, North America and Asia-Pacific. After merger clearance by the European Commission, the transaction was closed.

Client name
Eikenbosch Holding B.V. - seller
Other parties involved
Petrus Bidco B.V.; Caldic B.V.; Goldman Sachs & Co LLC
Nature of transaction
Eikenbosch Holding B.V. signed a share and purchase agreement for the sale of 100% of the shares in Caldic B.V. to Petrus Bidco B.V. Caldic is a distributor and manufacturer within the chemical and food market. Petrus Bidco B.V. is indirectly held by funds for which Goldman Sachs & Co LLC acts as investment manager.
Value of transaction
Confidential, but more than 5 million.
Date deal

Client name
Eikenbosch Holding B.V. - seller
Other parties involved
Petrus Bidco B.V.; Caldic B.V.; Goldman Sachs & Co LLC
Nature of transaction
Eikenbosch Holding B.V. signed a share and purchase agreement for the sale of 100% of the shares in Caldic B.V. to Petrus Bidco B.V. Caldic is a distributor and manufacturer within the chemical and food market. Petrus Bidco B.V. is indirectly held by funds for which Goldman Sachs & Co LLC acts as investment manager.
Value of transaction
Confidential, but more than 5 million.
Date deal

Baker McKenzie has advised healthcare product manufacturer Baitella Holding AG, as it is sold to a group of investors in Eastern Switzerland.

This sale preserves the continuity of the business and its established tradition as producer of high-quality instruments.

Osborne Clarke has advised leading private equity investment firm, H.I.G. European Capital, and the other selling shareholders on the sale of portfolio company, Brand Addition Limited, to Elysian Capital for an undisclosed amount.

Our team of M&A lawyers have assisted Anthon B. Nilsen Skoledrift on the sales of university college Westerdals Oslo ACT to Høyskolen Kristiania.

The transaction was completed on March 29th 2017.

Ashurst is advising Waterman Group plc on the recommended cash offer by Tokyo Stock Exchange-listed CTI Engineering Co. Limited.

Stephenson Harwood LLP has advised European powered access market leader Lavendon Group PLC on its contested takeover by French group Loxam.

Schellenberg Wittmer acted as legal counsel to LFPI Group and Financière Brendale SA on the sale of Silhouette Sports Club.

Financière Brendale SA, part of the LFPI Group, one of the premier independent multi-strategy alternative asset managers in Europe, sold its investment in Silhouette Wellness SA to Activ Fitness AG, part of Migros Zurich for an undisclosed purchase price.

King & Wood Mallesons (KWM) is consolidating its position as a leading law firm in the Energy sector in Spain. The international law firm advised the Portuguese energy company EDP Group on the sale of its subsidiary Naturgás and on the Public Takeover Offer over EDP Renováveis to acquire the remaining 22.46% stake held in the market. Both deals are two of the largest transactions the Iberian Gas and Renewable Energy market has ever seen.