Macfarlanes has advised Appleby on the sale of its fiduciary business, Appleby Fiduciary & Administration, to private equity firm Bridgepoint.
Appleby is one of the world’s largest providers of offshore legal, fiduciary and administration services.
The Macfarlanes team was led by corporate M&A partners Stephen Drewitt and John Dodsworth and competition partner Malcolm Walton.
August & Debouzy assists Financière Bio Alfras, which has received a binding offer from Eurofins Scientific to acquire the Biomnis group, one of the main independent specialty diagnostic testing laboratories in France and Ireland. Considering the industrial and financial quality of Eurofins Scientific’s offer, Financière Bio Alfras has decided to sign an exclusive agreement with Eurofins Scientific to finalise the transaction.
Gleiss Lutz has advised Medfort S.à r.l., PrimaCom Finance (Lux) S.A. and PrimaCom Beteiligungsgesellschaft mbH & Co. KG on the sale of PrimaCom Holding GmbH (“PrimaCom”) to Tele Columbus AG in a limited auction. PrimaCom is valued at 711 million euros not including cash or liabilities.
As the transaction requires no further approval from supervisory authorities or the cartel office, closing is expected to take place on 31 July 2015.
Gide has advised Solairedirect, a reference player in the solar energy production market, its founders and financial shareholders (Demeter Partners, Techfund Europe, Aster Capital and Ofi Asset Management) on the 95% sale of its share capital to ENGIE. ENGIE was advised by Freshfields Bruckhaus Deringer LLP.
As part of this sale, ENGIE will inject 130 million euros into Solairedirect via capital increase. The tie-up enables ENGIE to bolster its position in the solar sector, becoming no. 1 on the
Gleiss Lutz has been advising the GETRAG shareholders on the sale of their shares to a subsidiary of Magna International Inc., a listed Canadian company.
Setterwalls assists Skanska Sverige AB in the sale of the Swedish company Skanska Stomsystem to Benders byggnadSverige AB. Skanska Stomsystem has an annual turnover of MSEK 500 with 250 employees. The transaction is scheduled to be completed in October 2015.
Setterwalls team was headed by Anders Holmgren M&A) and included Ingrid Sondell (M&A) and Jesper Kuschel(Banking).
Setterwalls assists Primas Invest AB in the sale of Isolda AB and Selector Logistik AB to Ambia Trading Group AB, listed on Aktietorget. Isolda's turnover last year amounted to MSEK 516 with a negative result of MSEK 1.6 andwarehouse Selector's turnover last year amounted to MSEK 16.2 with a positive result of MSEK 3.5.
Setterwalls' team consisted of Anders Holmgren (M&A), Erik Nerén (M&A) and Jesper Kuschel, Kenneth Nilsson (both Banking & Finance).
Gernandt & Danielsson assists Procuritas Capital Investors IV A LP, as well as the minority owners, in the divestment of Osby Glas Invest AB to Beijer Industriutveckling glas AB
G&D assist Procuritas Capital Investors IV A LP, as well as the minority owners, in the divestment of Osby Glas Invest AB and its subsidiary. Osby Glas is one of the leading independent Swedish glass companies with a turnover of approximately SEK 110 million and 60 employees.
King & Wood Mallesons advised Chequers Capital and the other sellers on the sale of Cenexi to Cathay Capital.
Present in both France and Belgium, Cenexi is one of the largest industrial group exclusively devoted to development and contract manufacturing.
Chequers Capital has experience in acquiring and developing small, medium and large-sized companies in partnership with their management. It invests in companies whose value is between €50 million and €500 million.
Schoenherr advised immigon portfolioabbau ag ("immigon") and ERGO Versicherungsgruppe ("ERGO"), the two majority shareholders of VICTORIA-VOLKSBANKEN Pensionskassen Aktiengesellschaft and VICTORIA-VOLKSBANKEN Vorsorgekasse AG, on the sale of their shareholdings in both the pension and the provident fund to BONUS Pensionskassen Aktiengesellschaft. The two share purchase agreements were signed on 10 July 2015.