Schoenherr has advised EQT VI Limited ("EQT VI"), together with Kirkland & Ellis, London, on the sale of Automic Software GmbH ("Automic") to NASDAQ-listed CA Technologies Inc. ("CA Technologies") at an enterprise valuation of EUR 600 million. The agreement is subject to customary anti-trust clearance and the transaction is expected to close in the first quarter of 2017.
Taylor Wessing has advised administrators Will Wright and Rob Croxen at KPMG on the pre-packed sale of the business and assets of the WorldStores group to Dunelm Group, a UK-based home furnishings retailer.
The sale included the Worldstores operation as well and the Kiddicare and Achica businesses, online retailers specialising in furniture and homeware, products and accessories for young children, and discounted luxury home and lifestyle brands.
RTPR Allen & Overy has advised the private equity fund Enterprise Investors in relation to the sale of Profi, the supermarket chain, to Mid Europa Partners, in the largest deal ever completed by a private equity fund in Romania and the largest deal in the retail sector in the country's history. The transaction is subject to approval by the Competition Counsel.
Bridgepoint Development Capital is to acquire a majority shareholding in Vitamin Well, a high growth, market-leading business in the functional drinks sector with sales in 28 countries.
Established in Stockholm in 2006, the company develops, markets and sells products for health conscious and active consumers under the drinks brands Vitamin Well, Vitamin Well FREE, NOBE aloe vera, NOCCO and Vitamin Well+.
The transaction is conditional upon merger clearance and is expected to close before the end of the first quarter of 2017.
Mannheimer Swartling are advising Haldex in connection with Knorr-Bremse’s public tender offer to the shareholders of Haldex.
Haldex is a leading producer and supplier of brake systems and air suspension systems for heavy trucks, trailers and buses. The Haldex share is traded on Nasdaq Stockholm, Mid Cap, and the company has net sales of approximately 4.8 billion SEK.
Davis Polk advised Su Sih (BVI) Limited as the selling stockholder in connection with an SEC-registered secondary offering of 13,800,000 shares of TTM Technologies, Inc.’s common stock. The total net proceeds to the selling stockholder from the offering were approximately $152 million.
Showa Denko K.K. (SDK) (listed in Tokyo: 4004) has acquired GMM Nonstick Coatings (GMM), a specialty non-stick coating chemicals manufacturing company headquartered in Hong Kong, China, with operations in the USA, China and India.
GMM's non-stick coatings are mainly used in consumer goods including cookware, bakeware, and various home electrical appliances. Its major customers are the leading cookware manufacturing companies in the US - each day over 40M Americans use products coated with GMM's non-stick coatings.
Addleshaw Goddard's corporate team has advised the shareholders of Go Outdoors Ltd on its £112m sale to high street chain, JD Sports.
The AG team was led by Partner Garry Elliott alongside Managing Associate James Tatro and Associate David Parker.
Garry Elliott commented: "This deal demonstrates the continued appetite in the M&A market for quality target opportunities, and is a testament to the brand reputation and product offering that Go Outdoors has created over the past decade."
Herbert Smith Freehills has successfully advised the founders on the sale of the Supagas group, together with its associated properties throughout Australia, to TNSC (Australia) Pty Ltd (TNSC Australia) for over A$300m.
White & Case LLP has advised Libero Acquisition (Gruppo Orascom TMT Investments SARL) on the sale of WIS Telecom S.p.A. and WIS Telecom S.A., Italian and Belgian companies respectively and providers of wholesale voice international carrier services, to Unifi Holdings, a US-based leading operator in telecommunication services.
The White & Case team which advised on the transaction was led by partners Ferigo Foscari (Milan) and Thierry Bosly (Brussels) and associates Alessandro Seganfreddo, Andrea Pretti (both Milan) and Aurelie Cautaerts (Brussels).