Vemedia, a consumer healthcare company that markets leading self-medication brands in selected western European countries and Hong Kong, has been sold by its shareholders to Charterhouse Capital Partners at a value of EUR 375 million. Eubelius assisted Damier Group, a 25% shareholder in Vemedia controlled by Yvan Vindevogel, in connection with the sale as well as the subsequent reinvestment of part of the sales proceeds in the acquisition vehicle.

The Eubelius team for this transaction was led by Erwin Destuyver.

Leading international law firm Clifford Chance advised the founder and shareholders of Wisdom Properties Group Pty Ltd on the acquisition of 51% of the group by Sumitomo Forestry Australia Pty Ltd, a subsidiary of the Japanese conglomerate, Sumitomo Forestry Co., Ltd.

Global law firm White & Case LLP has advised Sami and Itzhak Sagol on the sale of an 80 percent stake in Keter Plastic, a member of the Keter Group, to BC Partners, one of the world's leading private equity firms with €12 billion of assets under management.

The Sagol family will continue to hold the remaining 20 percent in the Keter Group, with the transaction subject to customary approvals and expected to close in Q4 2016.

The Firm represented KKR, Dr. Ravi Penmetsa and certain of his affiliates and Gland Pharma Limited in connection with the announced acquisition by Shanghai Fosun Pharmaceutical (Group) Co. Ltd. (“Fosun Pharma”) of an approximate 86% stake in Gland Pharma for up to US$1.26 billion. The closing of the transaction is subject to customary regulatory approvals.

Capvis and HgCapital funds as well as other sellers have agreed to sell SFC Koenig AG to IDEX Corporation which will become the new sole shareholder. Completion is subject to merger control approval.

Bär & Karrer is acting as legal advisor to sellers in this transaction. The Bär & Karrer team includes Christoph Neeracher, Luca Jagmetti, Philippe Seiler, Raphael Annasohn and André Berne (all M&A), Till Spillmann and Adrian Koller (both Finance), Susanne Schreiber (Tax) as well as Mani Reinert (Competition Law).

Linklaters advised Osram Licht AG on the sale of the general lighting lamps business “Ledvance”. The buyer is a Chinese consortium consisting of the strategic investor IDG Capital Partners (IDG), the Chinese lighting company MLS Co., Ltd. (MLS) and the financial investor Yiwu State-Owned Assets Operation Center (Yiwu). The transaction results in a significantly larger sales and distribution network for both companies and leads to synergies in procurement. For Osram, this sale is a further important step in the strategic repositioning towards becoming a high-tech company.

Advising the company John Paul in connection with the sale of 80% of its shares to AccorHotels. The remaining stake being kept by David Amsellem, the founder of the company, who will remain as CEO.

Nolax Holding AG sold its airbag business to Nitto EMEA NV by sale of all shares in nolax Airbag AG.

Bär & Karrer was acting as legal advisor to nolax in this transaction. The Bär & Karrer team included Christoph Neeracher, Luca Jagmetti, Philippe Seiler, Raphael Annasohn, Andreas Steffen (all M&A) as well as Markus Wang (IP).

National law firm Weightmans LLP has advised on the successful sale of data company Insurance Initiatives Limited.

The multi-million pound deal was reached with buyers Lexisnexis Risk Solutions UK Limited, part of the international RELX Group.

Insurance Initiatives provides data enrichment and analytics services to the general insurance industry in the UK.

Irwin Mitchell Sheffield's Corporate Team Advises TribePad

Talent acquisition software specialist TribePad has been purchased in a management buyout led by former Plusnet CTO Dean Sadler and the board of directors.

The Board bought one hundred per cent of the business to enable a restructure which supports plans for rapid growth in the next five years.