National law firm Shoosmiths has advised the sellers on the disposal of retailer, Rohan Group Limited, to H. Young Holdings PLC.
Founded in 1972, Rohan provides outdoor activity clothing, operating 55 stores across the UK and employs over 250 full time staff. Previously bought by the Cann family in 2007, H.Young Holdings has acquired the Milton Keynes based business.
International law firm Taylor Wessing has advised Alcuin Capital Partners and Krispy Kreme UK on its exit transaction resulting in its US franchisor agreeing to acquire 100% of the company’s share capital.
The deal, which is for an undisclosed amount, brings to an end Alcuin Capital Partner’s ownership of the Krispy Kreme brand in the United Kingdom, which it acquired through a buyout in 2011, and represents a successful realisation of its investment.
Frankfurt – Paul Hastings LLP, a leading global law firm, announced today that it has advised the Weber family on the sale of a majority interest in Weber Automotive, one of the global leaders in the vehicle supply industry, to the independent private equity fund ARDIAN.
The transaction was signed after undergoing a competitive bidder process in which ARDIAN emerged as highest bidder. The parties have agreed not to disclose the economic details of the transaction which completion is subject to the approvals of the competent antitrust authorities.
Levi, Ray & Shoup (LRS), based in Illinois, USA, has announced that it is acquiring Sweden-based software company Cirrato Technologies AB (Cirrato). The Cirrato group will be a part of LRS, helping the company expand its market reach and solution offerings.
DLA Piper advised the founding shareholders of Labyrintti Group, Finland’s leading provider of B2C mobile messaging services, on its sale to LINK Mobility ASA.
LINK Mobility Group is listed on the Oslo Stock Exchange and is the largest provider of mobile solutions for businesses in the Norwegian, Swedish, Danish, Baltic and German markets. It offers services for, inter alia, SMS gateway solutions, mobile payments, mobile communications and CRM databases. Through the acquisition, LINK will become the leading provider of these services in the Northern Europe.
Generali (Switzerland) Holding Ltd. has signed an agreement to sell its subsidiary Fortuna Life Insurance Ltd., an insurance company put in run-off in 2015, headquartered in Vaduz, to FWU AG, a German financial services provider, headquartered in Munich. The transaction remains subject to completion of certain contractual conditions, as well as the approval by relevant authorities.
International legal practice Osborne Clarke has advised Actavis UK Limited and Actavis Ireland Limited on its proposed £603m divestment by Teva Pharmaceutical Industries Ltd ("Teva") to Intas Pharmaceuticals Ltd ("Intas").
The transaction is part of the European Commission’s anti-trust divestiture requirements arising from global pharmaceutical company Teva’s acquisition of Allergan’s generics business, which closed in August 2016.
The Cologne based health care company APOSAN Dr. Künzer GmbH (APOSAN) has been sold by its founder and sole shareholder to funds advised by IK Investment Partners. The company is primarily engaged in the production of patient-individual sterile infusions for outpatient treatment. Other areas of activity include the production of patient-individual parenteral nutrition, and of prescription drugs in sterile ready-to-use syringes used for ophthalmic surgeries. The transaction is subject to customary closing conditions.
Travers Smith LLP has advised TA Associates (“TA”) on the sale of its interest in Cath Kidston to Baring Private Equity (“Baring”).
Travers Smith advised longstanding client, TA, and other selling shareholders in 2014 on Baring's initial investment in Cath Kidston. This latest acquisition makes Baring the majority shareholder, while founder Cath Kidston and senior management retain a stake.
Linklaters was pleased to advise the Bank of East Asia on the sale by the Bank of East Asia and NWS Holdings of Tricor Holdings to private equity firm Permira.
“This transaction represents an excellent outcome for Bank of East Asia, which announced to the market some time back that it was conducting a strategic review of Tricor in line with its overall strategy,” said partner and Asia Head of Corporate, Robert Cleaver, Linklaters.