KKR, a leading global investment firm, has consummated the sale of its stake in kitchen utensils manufacturer WMF to the French Groupe SEB.
Bär & Karrer acted as Swiss legal advisor to KKR in this transaction. The Bär & Karrer team included Christoph Neeracher, Luca Jagmetti, Raphael Annasohn, Joël Rohrer (all M&A) and Laura Widmer (Employment). Hengeler Mueller acted as international counsel to KKR.
Jones Day is advising GfK in connection with a voluntary public tender offer by Acceleratio Capital N.V., a holding company controlled by funds advised by Kohlberg Kravis Roberts & Co. L.P. (together with affiliates, "KKR"). GfK is a leading global market research company, listed on the Frankfurt Stock Exchange. On December 8, 2016, KKR and GfK announced that they have signed an investor agreement under which KKR will launch a voluntary public tender offer for all outstanding publicly traded shares of GfK for €43.50 per share.
Houthoff Buruma assisted Varo Energy in their sale of its shares in Hydrocarbon Hotel B.V. (and de facto their oil and gas storage terminal in the Amsterdam port) to GPS Group.
Houthoff Buruma team included: Jan-Paul van der Hoek , Johan Kasper , Baukje Dreimüller
Travers Smith LLP has advised management on the acquisition by Advent International of a majority ownership interest in V.Group Ltd. (“V.Group”), the world’s leading marine and offshore vessel management and support services provider, from OMERS Private Equity.
The team was led by David Higgins and Wessel Heukamp.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised leading international private equity firm Cinven on its disposal of Host Europe Group (‘HEG’) to GoDaddy Inc. (‘GoDaddy’). HEG is the largest privately-owned web services provider in Europe, and GoDaddy is the world's largest cloud platform dedicated to small, independent ventures.
Simpson Thacher represented Apax Partners LLP and Guardian Media Group plc on the block trade sale by Guardian Media Group plc and certain entities indirectly wholly owned by Apax Europe VII of an aggregate of 66,000,000 ordinary shares in Ascential plc (“Ascential”). The sale, which was effected by way of an accelerated book build, raised gross sale proceeds of £171.6 million in aggregate. Settlement took place on December 5, 2016.
HeidelbergCapital Private Equity and the founders of the Berlin-based telephone manufacturer, Snom Technology AG, have sold their shares to the VTech Group.
Based in Berlin and founded in 1996, Snom Technology AG is a multinational company that established itself as the first leading international company to produce professional VoIP telephones designed for corporate applications. Snom has subsidiaries in the US and Taiwan, as well as branches in Great Britain, France and Italy.
Eubelius has assisted German investment fund ADCURAM Group with the disposal of its Belgian portfolio company SA Citrique Belge to Dutch investor CIBE CV. The transaction was closed on 30 November 2016.
SA Citrique Belge, located in Tienen, is a worldwide leader in the production of citric acids and the derivative products. During the financial year 2015 its global turnover amounted to approximately EUR 120 mio.
The Eubelius team for this transaction was led by Erwin Destuyver and Erik Voets.
Milbank, Tweed, Hadley & McCloy LLP has advised PAI Partners and Investment Funds managed by the Merchant Banking Division of Goldman Sachs on the sale of the Xella Group, a leader in building solutions, to an affiliate of Lone Star.
We are acting as legal advisors to Helsinki Deaconess Institute Foundation (HDL), the majority shareholder, in the sale of its shares in Diacor terveyspalvelut Oy to Terveystalo. HDL will subscribe for Terveystalo shares and, thus, become a major shareholder in Terveystalo, which is sponsored by private equity house EQT. As part of the transaction, minority shareholders LähiTapiola Keskinäinen Vakuutusyhtiö and LähiTapiola Keskinäinen Henkivakuutusyhtiö will also sell all of their Diacor terveyspalvelu Oy shares to Terveystalo.