Noerr has advised Emerging Markets Online Food Delivery Holding S.à r.l. (foodpanda) and shareholders comprehensively on the takeover by Delivery Hero. An international team led by Dr Sascha Leske acted for Noerr.
Reed Smith led by Dr Octávio de Sousa has advised the owners of Schiller Fleisch Group on the sale to private equity investor HANNOVER Finanz. The legal advice contained all aspects of the transaction, including corporate, finance, tax as well as labour and employment law.
Schiller Fleisch is a specialized distributor for premium meat with customers all over Europe and has a market-leading position in the area of “roast beef” the group has a market-leading position.
SIX Swiss Exchange-listed Helvetia Group, an international insurance group with headquarters in Switzerland, takes over 70% of the shares in MoneyPark, the biggest mortgage intermediary in Switzerland. Helvetia bought the shares for a total price of CHF 107 million. In addition to the other shareholders, the founders and Tamedia still own some 20% of the company. MoneyPark is the leading Swiss technology-based advisory platform for financial products.
Slaughter and May is advising Punch Taverns plc on a recommended cash offer for Punch by Vine Acquisitions Limited, a company formed by Patron Capital Advisers LLP, and the associated disposal of the Punch A securitisation group to Heineken UK Limited.
Stirling Square Capital Partners ("Stirling Square"), a leading pan-European mid-market private equity firm, announced on 14 December 2016 that it has signed an agreement to sell the ESE Group ("ESE"), a leading European temporary waste storage solutions provider, to RPC Group Plc ("RPC") for a consideration of EUR 262.5 m.
Deutsche Telekom AG ("Deutsche Telekom") announced the signing of an agreement to sell Strato AG to United Internet.
Hengeler Mueller is advising Deutsche Telekom on the transaction. The Hengeler Mueller team is led by partner Christof Jäckle (Frankfurt) and includes partners Emanuel Strehle (Munich) (both M&A), Ernst-Thomas Kraft (Tax, Frankfurt), counsel Fabian Seip (industry specific issues, Berlin) as well as associates Maximilian Clostermeyer, Sebastian Schneider and Alexander Bekier (all M&A).
The Swedish IT and broadcast infrastructure provider, Teracom Group AB, today announced the sale of Boxer TV in Denmark to the Danish energy and telecommunications group SE (previously Syd Energi).
The sale underlines Teracom’s strategy to focus on its core business within network and transmission services. Earlier this year, Teracom sold Boxer TV in Sweden to the Swedish Com Hem Group. After the sale to SE, Boxer TV Denmark will continue to use Teracom’s network services.
Herbert Smith Freehills has advised the founders of Allworld Exhibitions on the sale of the business to UBM plc for US$485 million.
Allworld is a leading international exhibitions business operating 51 tradeshows in 11 countries and across nine industry sectors including Food & Hospitality, Packaging, Manufacturing, TMT and Oil & Gas.
Noerr has advised the Dutch real estate investment group Geneba on the sale of its 93% stake in the leasing company MoTo Objekt CAMPEON GmbH & Co. KG to Infineon. The DAX-listed group thus takes control of its own company headquarters in Neubiberg near Munich.
De Brauw assists Philips in the divestment of an 80.1% interest in Lumileds, a leading supplier of LED components and automotive lighting, to funds managed by affiliates of US private-equity firm Apollo Global Management.
Lumileds has an estimated enterprise value of USD 2 billion, including debt and debt-like items. The sale of Lumileds, which has been operating as a standalone company within Philips since early 2015, is in line with Philips’ strategic focus on healthcare. Philips will retain the remaining 19.9% interest in Lumileds.