Travers Smith LLP has advised the management of Smyk, the Eastern European leading children’s products retailer, on its sale to private equity firm Bridgepoint. Bridgepoint has acquired Smyk in a €247m deal from former owner Empik Media & Fashion.
Dentons has advised insolvent Berlin logistics company MyLorry GmbH on its sale to Takeaway.com. Operating under the brand Food Express, MyLorry employs 1,000 people and supplies more than 600 restaurants and caterers, as well as final customers. The buyer, Takeaway.com Group, is one of the world's largest online food ordering platforms and operates Lieferando.de in Germany.
Jackson & Rye is an East Coast American-style concept restaurant with three sites in London (Soho, Richmond and Chiswick). Limeyard is a casual all-day American restaurant with a single site in Ealing, West London.
Alex Scrimgeour, the chief executive of Côte, told the Evening Standard that the business sees an opportunity to develop and expand the Jackson & Rye and Limeyard brands further.
King & Wood Mallesons has advised Fiducia & GAD IT AG (Fiducia & GAD) on the sale of another participation of ELAXY Group to Consileon Business Consultancy GmbH (Consileon) and Ajco Solutions GmbH (Ajco).
From 31 January 2015, 100 percent of shares in ELAXY Format GmbH (ELAXY Format) will go over to Consileon and Ajco.
A team of lawyers from international law firm Taylor Wessing has advised the shareholders of Hatton Real Estate Limited and Hatton Residential Limited on the sale of their shares in such companies to Colliers International Property Consultants Limited (a subsidiary of Colliers International Group Inc). Hatton Real Estate is one of London’s leading niche commercial property specialists. The businesses will rebrand as Colliers International immediately.
NautaDutilh assists Acerta Pharma B.V. with the sale of 55% of the entire issued share capital of Acerta to AstraZeneca for unconditional payments of USD 4 billion.
International law firm Pinsent Masons has advised Legal & General Group plc on the sale of Suffolk Life, one of the UK’s leading providers and administrators of self-invested personal pensions (SIPPs), to Curtis Banks Group plc for £45 million. The acquisition is subject to an underwritten placing by Curtis Banks Group plc and regulatory approval, both of which are expected in the first half of 2016.
Litorina IV L.P., Eton Innovation AB (the founding Davidson family) and the minority shareholders have entered into an agreement for the divestment of the premium men’s shirt and accessory manufacturer, Eton Group AB, to EQT Fund VII.
Funds managed by Onex Corporation have sold their stake in KraussMaffei Group to a subsidiary of China National Chemical Corporation. The transaction value amounts to approx. €1bn. The transaction is subject to customary conditions and regulatory approvals.
Onex Corporation is a private equity company based in Toronto (Canada). KraussMaffei Group is a worldwide supplier of machinery and systems for producing and processing plastics and rubber with headquarters in Munich.
Transnational transaction: Dessau-based family firm Debolon gains access to international markets
Leipzig – British Altro Group acquired a majority stake in Dessau-based flooring manufacturer Debolon in December 2015. Luther Rechtsanwaltsgesellschaft advised Debolon, and the family who owns it, throughout the takeover.