The shareholders of EF-Express Group, a provider of logistics services, have sold their business to French competitor Flash Europe International Group. The parties have agreed not to disclose other terms of the agreement, including the purchase price.
McDermott Will & Emery advised INTERGLOBAL Industrieholding GmbH on the sale of its holdings in Ovalo GmbH.
Freshfields has advised Vectra on the completion of the sale of its Borchers business division to affiliates of the U.S.-based private equity firm, The Jordan Company
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Vectra Co. (‘Vectra’) on the completion of the sale of its Borchers business division to affiliates of the U.S.-based private equity firm, The Jordan Company, L.P. (‘Jordan’).
Jones Day advised Total in the $3.2 billion sale of specialty chemical affiliate Atotech B.V., a global manufacturer of high technology plating solutions, to The Carlyle Group.
In addition to M&A representation, Jones Day provided antitrust, tax, labor, employee benefits, financing, real estate, and regulatory advice regarding this transaction.
For additional information about this matter, please contact: Audrey A. Bontemps, Sophie Hagège
Client(s): Total S.A.
Macfarlanes has advised the management team of Audiotonix, a leading manufacturer of audio mixing consoles, on its sale from Epiris, a UK-based private equity fund manager, to Astorg, a European private equity group.
Having initially acquired Allen & Heath in 2013, Epiris brought together two further firms specialising in other areas of sound production the following year, Calrec and DiGiCo, and the resulting company was named Audiotonix. The merging of these three distinct brands has made Audiotonix the market leader in audio mixing equipment globally.
McDermott Will & Emery advised the shareholders of Optimol Instruments Prüftechnik GmbH on the sale of the company to Optimol Instruments Holding GmbH, an indirect subsidiary of a private equity fund Virthos Partners AG.
Travers Smith LLP has advised Ascential plc on the sale of Health Service Journal (HSJ) to Wilmington plc, which was announced on 19 January and completed on 31 January 2017.
On 5 January 2017 Ascential announced that it had separated 13 heritage brands into a separate operating entity and that these brands would develop an independent business strategy while new owners were sought. The sale of HSJ to Wilmington marks the first sale in this process.
HSJ is a leading source of information for both public and private health professionals.
Macfarlanes has advised longstanding client Hayfin Capital, a leading European credit platform managing assets of €8.2bn, on the purchase of a majority shareholding in the firm by British Columbia Investment Management Corporation (bcIMC), one of Canada’s largest institutional investors within capital markets. Macfarlanes advised Hayfin and its management team on all aspects of the transaction including corporate, tax and regulatory aspects.
White & Case LLP has advised international private equity group Bridgepoint and Stockholm-based Nordic Cinema Group Holding AB (Nordic) on the all-cash SEK8.25 billion (US$929 million) sale, by Bridgepoint and Swedish media group Bonnier Holding, of Nordic to AMC Entertainment Holdings, Inc. (AMC Theatres).
The transaction is conditional on antitrust clearance by the European Commission, which is expected to be received in the first half of 2017.
Taylor Wessing has advised Outfit7 Investments Ltd, the entertainment company behind the global phenomenon ‘Talking Tom and Friends’ on its ground-breaking sale for US $1bn to a consortium of investors from Asia, represented by United Luck Group Holdings Limited.
Outfit7 is a market leader in family entertainment with over 5.6 billion app downloads of their Talking Tom and Friends franchise worldwide. All Outfit7 employees across companies in the UK, Slovenia, China and Cyprus are continuing to grow the Talking Tom and Friends brand.