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M&A: Seller's Counsel

Norton Rose Fulbright advises VTC Group on the sale of Silbitz Group to Deutsche Beteiligungs AG

20 Jul 2015

Norton Rose Fulbright has advised VTC Partners GmbH (VTC Group) on the July 13, 2015 sale of Silbitz Group GmbH (Silbitz Group) to Deutsche Beteiligungs AG (DBAG).

Silbitz Group is a composite of three pattern- and mold-making foundries with a broad product portfolio. VTC Group is a fast growing and independent industrial holding company with a focus on investments in international, medium-sized companies headquartered in German-speaking countries. Norton Rose Fulbright has advised VTC on previous transactions, including its acquisition of Silbitz Group in 2011.

Travers Smith advises Kester Capital on the sale of Briefing Media

14 Jul 2015

A Travers Smith team led by head of Private Equity, Paul Dolman has advised long standing client Kester Capital LLP ("Kester") and management on the sale of Briefing Media to a Newco backed by Lyceum Capital.

The Travers Smith team also included tax partner Kathleen Russ, finance partner Donald Lowe and corporate associates Alex Dixon, Genevieve Marten, Katie McGarry and Lauren Causon.

Pinsent Masons advises Brookdale Care on sale to Tracscare

14 Jul 2015

Pinsent Masons has advised the shareholders of Brookdale Care on its sale to Tracscare, leading specialist provider of care and support for adults with challenging and complex needs.

The long established care provider, Brookdale, is renowned for its specialism in delivering outstanding care and support for people with autism and its leading Milton Park Therapeutic Campus. The campus provides an innovative care pathway, with specialist services for psychiatric intensive care, intensive behavioural support, transition and registered residential needs.

Ashurst advises ALNO AG on the sale of Impuls Küchen GmbH

14 Jul 2015

Ashurst advised ALNO AG on the sale of its subsidiary Impuls Küchen GmbH, Brilon, to Steinhoff Möbel Holding GmbH, Brunn am Gebirge, Austria. The purchase price has not been disclosed.

With this transaction, ALNO AG has taken the next step in its strategic realignment.

The Ashurst-Team was led by Frankfurt corporate counsel Dr Gerrit Clasen and Martina Rothe. Counsel Dr Anna-Katharina Lohbeck advised on post-contractual service agreements.

Restructuring Expert Pluta sells the plastering company Beck to Franz Traub GmbH & Co. KG

14 Jul 2015

The insolvency administrator Michael Pluta from PLUTA Rechtsanwalts GmbH succeeded in finding a buyer for the plastering company Beck located in Bopfingen. The buyer of the company is Franz Traub GmbH & Co. KG from Aalen. All 15 members of staff will be kept on. The acquisition will be effective from 1 July 2015. It has been agreed that the purchase price will not be published.