On 15 June 2016, the Arnold Osterwalder Group sold a majority stake in its group company Regisol AG to the Waterland Private Equity Investments Group. Regisol AG is trading and producing insulating material for heat, cold, fire and noise and is active throughout Switzerland. The deal includes also a call option allowing the purchaser to acquire the remaining stake in Regisol AG.
Cuatrecasas, Gonçalves Pereira advised Telia on selling Yoigo to MásMóvil in a transaction valued at €612 million plus €100 million in variables. This finances the transaction and restructures the total debt of the group resulting from the recent acquisition of Pepephone.
Hannes Snellman advised SoftBank Group Corporation, a Japanese internet and telecommunications company, and its affiliates in the sale of their entire 72.2% stake in Supercell, a Finnish leading mobile game maker and the manufacturer of hit games Clash of Clans, Hay Day, Boom Beach, and Clash Royale, to an affiliate of Tencent Holdings Limited, a Chinese internet company. In one of the largest transactions ever made in Finland, Supercell’s equity is valued at approximately USD 10.2 billion.
On 15 June 2016, Quilvest Private Equity (Quilvest), the private equity arm of the leading global independent wealth manager and private equity investor sold its stake in the Acrotec group. Acrotec is one of the largest independent suppliers of critical components, in particular, for the Swiss luxury watch market. The enterprise value was approx. CHF 280 million.
Stampen Media Partner AB, a company within the Stampen Media Group, has divested OTW to Aller media.
OTW was founded 1996 and is a content marketing company with focus on digital and printed content as well as content for television. In collaboration with its subsidiaries, OTW every year produces contents for web sites, social media, intranets, applications, newsletters, magazines and television. The company has offices in Stockholm and Gothenburg.
Studiocanal has entered into an agreement to acquire Paddington and Company Limited, The Copyrights Group Limited, Harvey Unna & Stephen Durbridge (1975) Limited and Marketreach Licensing Services Limited which collectively own the rights, apart from the publishing rights, in Michael Bond’s classic children’s character, Paddington Bear. In addition to Paddington Bear, The Copyrights Group Limited also acts as merchandising agent for various other famous literary properties.
International technology, media and telecoms law firm Olswang has advised the shareholders of Alan Dick Communications (ADComms), a leading UK technology integration specialist providing end-to-end telecoms-based services to the transportation and mobile telecoms sectors, on its acquisition by Panasonic Europe.
Irwin Mitchell's Corporate Team Advises On Deal
Fast-growth Birmingham utilities payments company Glide has been acquired by a group specialising in broadband, TV and telephony services for the student and landlord market.
Glide, which makes sharing bills simple for tenants and property businesses, delivering one monthly bill for all utilities and services, will become part of CableCom. The Somerset-based group serves more than 250,000 customers across Europe and the UK, providing internet services to high-density properties used by students.
International law firm Hill Dickinson has acted for regulatory information management specialist Samarind Limited as it is acquired by Instem plc, a provider of IT services to the global early development healthcare market.
Hill Dickinson corporate partner Ian Riggs and associate James Down advised Samarind on the transaction.
Deeside-based Samarind provides a service to the life sciences sector which significantly improves the quality of regulatory information and helps achieve and maintain compliance for pharmaceutical, biotech and medical device products.
Clifford Chance is advising Al Khair National for Stocks and Real Estate (Al Kharafi family) on the sale of its majority stake in Americana, the leading F&B business in the Middle East.
With a network of over 1,200 outlets, Americana is the largest operator of restaurant chains in the MENA region, including brands such as KFC, Pizza Hut, Hardee's, TGI Friday's, Costa Coffee and Krispy Kreme.
In addition, Americana has one of the region's most significant food manufacturing businesses, including California Garden.