Mills & Reeve have advised the majority shareholders on the sale of the entire issued share capital in Allinea Software Limited to global technology giant ARM Limited for £18.1 million.

A cross-border corporate team from international legal practice Osborne Clarke has advised leading mid-market private equity house LDC and the management team of Ministry of Cake on its sale to Mademoiselle Desserts.

In May 2014, Osborne Clarke advised LDC on its investment in Ministry of Cakes through an £11m management buyout which saw its Chief Executive Chris Ormrod take the reins of the leading manufacturer of UK-produced hand finished cakes, puddings and desserts.

Kirkland & Ellis advised growth equity firm Summit Partners on its sale of Peak Well Systems, a leading specialist in the development of well intervention solutions, to Schlumbeger, the world's largest oilfield services company. The value of the transaction, which closed on December 29, 2016, was undisclosed. To read more about this transaction, please click here.

The Kirkland team was led by London corporate partners James Learner and Justin Hutchinson and associate Tom McCarthy.

Jones Day advised Marken Group, a global provider of supply chain solutions to the life sciences industry and leader in clinical trials material storage and distribution, on the sale of its company to United Parcel Service Inc. ("UPS"). Marken will operate as a wholly owned subsidiary of UPS, allowing Marken to access UPS's integrated global supply network and logistics capabilities.

For additional information about this matter, please contact: Ben Larkin, Michael Weir
Client(s): Marken Group
Practice(s): M&A, Business Restructuring & Reorganization

Travers Smith LLP has advised the trustee of the Guilbert UK Retirement Benefits Plan in relation to the sale by Office Depot, Inc. of its European business to The AURELIUS Group.  Office Depot, Inc. is a leading global provider of office supplies and services.

Travers Smith partner David James and associate Niamh Hamlyn provided pension law advice to the trustee. Partner Jonathan Gilmour and associate Joseph Wren provided advice on the structuring aspects to the trustee.

Ashurst is advising on the sale of Spir Communication's division specialising in the distribution of physical and digital advertising inserts to investors Eric Paumier, Frédéric Pons (Colis Privé owners) and Guillaume Salabert (Cibléo owner).

The division employs more than 20,000 people in four companies - Adrexo, Advertising Productions, Advertising Services, and CIP.

We have acted for the shareholders of Molecular Products Group (MPG), including Business Growth Fund plc (BGF), on the sale of MPG to Arlington Capital Partners, a Washington DC-based private equity firm.

CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated real estate investment manager and co-investor, is purchasing 94.9% of the shares in the HANNOVER LEASING Group. The sellers are essentially the majority shareholders of the HANNOVER LEASING Group, Landesbank Hessen-Thüringen Girozentrale (Helaba) and Hessisch-Thüringische Sparkassen-Beteiligungsgesellschaft (HTSB).

Houthoff advised Bank Insinger de Beaufort in the proces whereby Bank Insinger de Beaufort was acquired by KBL European Private Bankers. KBL intends to merge Bank Insinger de Beaufort with its subsidiary Theodoor Gilissen Bankiers. The merger will create a new private bank with more than EUR 20 billion of assets under management.

Houthoff Buruma team included: Willem de Nijs Bik , Baukje Dreimüller , Martine Bijkerk , Bastiaan Siemers , Ewoud van der Leek , Mark Lemmens

Irwin Mitchell's London And Southampton Teams Advise On Deal

Atos, a global leader in digital services, has announced the acquisition of Engage ESM, a leading provider in the enterprise-service management sector and a ServiceNow Gold Services Partner.

This acquisition will enable Atos to offer enterprise and emerging customers an enhanced portfolio of cloud-based service-management solutions and further solidifies the position of Atos as Europe’s number one brand in IT and digital services. Atos is a ServiceNow Gold Sales Partner.