Shoosmiths has advised TTA (2007) Limited on the sale of The Travel Network Group Limited to a newly established company, TTNG Investments Limited as part of an internal management buyout.
TTA (2007) Limited, is backed by Alcuin Capital, who specialise in making growth capital investments and supporting management buy-outs in smaller-middle market companies based in the UK.
Travers Smith LLP has advised longstanding client Kester Capital LLP ("Kester") and other selling shareholders on the sale of Garrets International ("Garrets") to Wrist Ship Supply, the world's leading ship and offshore supplier.
Garrets is a market leader in outsourced marine catering management for the commercial shipping industry, managing approximately 1000 vessels on behalf of some of the largest names in world shipping.
Olswang’s London and Munich Corporate teams have advised the founders of Munich-headquartered digital agency CONRAD CAINE GmbH on its majority stake acquisition by creative agency POSSIBLE Worldwide, a subsidiary of international communications services group WPP Plc.
Heuking Kühn Lüer Wojtek advised the Parcom I fund, advised by DPE Deutsche Private Equity GmbH, and the other shareholders of Availon Holding GmbH, headquartered in the Westphalian city of Rheine, on the sale of Availon group to Vestas.
The Swedish care companies Solhagagruppen and Nytida are joining forces. The enlarged personal care group will be formed pursuant to an agreement whereby Bridgepoint Development Capital and the minority shareholders of Solhagagruppen have agreed to sell all shares in Solhagagruppen to Ambea AB, who operates within private care and assistance under the brand Nytida.
Gleiss Lutz has advised the insolvency administrator Christopher Seagon on the sale of the Hungarian subsidiaries of Praktiker Group. With the completion of this transaction, all foreign entities of Praktiker Group have been successfully sold to investors, thereby securing a total of 6,600 jobs. Prior to the sale of the Hungarian subsidiaries, the Praktiker entities in Luxembourg, the Ukraine, Romania, Bulgaria, Poland and Greece had been sold since October 2013 in separate auction processes.
Kirkland & Ellis represented Bain Capital and its portfolio company, Fidji Luxco (BC) SCA, in the sale of FCI Asia Pte Ltd to Amphenol Corporation. The sale closed on January 8, 2016, following receipt of anti-trust clearance from China’s Ministry of Commerce. The transaction is valued at approximately US$1.275 billion. To read more about the transaction, please click here.
The Kirkland team was led by corporate partners David Patrick Eich, Pierre Arsenault and Justin Hutchinson and corporate associates Derek Poon and Adam Runcorn.
Schoenherr has advised the insolvency administrator of the DIY chain Praktiker's German entities (Baumarkt Praktiker International GmbH and Baumarkt Praktiker Grundstücksbeteiligungs GmbH) on the sale of Praktiker's Hungarian subsidiaries. The operative company Praktiker Kft. was acquired by its current managing director, while the real estate holding entity was purchased by Hungary's Wallis Group.
DLA Piper has advised Sirio Pharma Company Limited ("Sirio") on the sale of its wholly owned subsidiary, Treerly Health Company Limited ("Treerly") for approximately US$ 150 million to Pfizer Consumer Healthcare, a subsidiary of Pfizer Inc. ("Pfizer").
Luther's Stuttgart team supports another international M&A transaction in the SME sector
Stuttgart-At the end of 2015, British private equity company SISU Capital Ltd. sold its shares in Airinotec GmbH, based in Bayreuth, Germany. A subsidiary of holding company Abacus Alpha GmbH has acquired the air conditioning manufacturer. Luther Rechtsanwaltsgesellschaft mbH advised SISU throughout the transaction.