DLA Piper has advised PFW Aerospace GmbH, an Airbus subsidiary, on the sale of its French subsidiary Spécitubes to Leggett & Platt (NYSE: Leggett & Platt Inc.).

Founded in 1915, Spécitubes is the European leader in the manufacturing, bending and supplying of titanium, nickel alloys and stainless steel tubes for all uses in industrial and aerospace applications. Spécitubes has two production sites located in Samer and in Nanterre.

The Firm is representing First Reserve Corporation in connection with its sale of all of its interests in Brand Energy, Inc. (“Brand”) to Clayton, Dubilier & Rice, LLC. The transaction is subject to certain regulatory approvals and is expected to close before the end of this year.

Brand is a leading provider of specialty industrial services to North America’s energy markets.

The Firm is representing MIP Tower Holdings LLC (“MIP”), the parent company of Global Tower Partners (“GTP”) and related companies, in the $3.3 billion announced sale to American Tower Corporation (NYSE: AMT).  The purchase price will also include the assumption of $1.5 billion in existing debt, for a total purchase price of $4.8 billion. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2013.
 

The Firm represented Airvana Network Solutions Inc. (ANS) in its sale to Ericsson Inc. (Ericsson), a U.S. subsidiary of Ericsson A.B., a Swedish multinational technology company.  Terms of the transaction were not disclosed.

ANS provides innovative, scalable radio access network (RAN) infrastructure that enables mobile operators to meet the growing demand for high-performance mobile data services and 3G-to-4G coexistence.  ANS’s mobile broadband RAN solution is fully integrated into Ericsson’s CDMA Access product line.

Simpson Thacher is representing United Supermarkets, L.L.C. (“United”) in connection with its sale to Albertson’s LLC. The transaction is expected to be completed later this year, subject to receipt of customary government approvals. Financial terms were not disclosed.

United is a Texas-based grocery chain with stores in 30 markets across north and west Texas. A self-distributing company with its headquarters in Lubbock, Texas, United currently operates 57 stores under four unique brands: United Supermarkets, Market Street, Amigos and United Express.

LONDON, 16 September 2013 - Hogan Lovells has advised the senior management of Aim Aviation Limited on its secondary buy-out by TowerBrook Capital Partners, L.P. from existing investor LDC. The transaction is subject to regulatory approval and is expected to complete in Q4 2013.

Shearman & Sterling is advising Lafarge Cementos SAU, a subsidiary of Lafarge S.A. (“Lafarge”), on its sale to Cementos Argos S.A. (“Argos”) of a 53.5% interest in Lafarge Cementos S.A. de C.V. for a purchase price of approximately €232 million (or $306 million). The transaction is expected to close in the fourth quarter of 2013, and is subject to receipt of regulatory approval from the Honduran competition authority.

Melbourne, Australia, 12 September 2013 – Baker & McKenzie has acted for the T2 vendors on the sale of the iconic Australian tea retailer T2 to Unilever.

T2 operates some 40 retail stores in Australia, and offers the country’s largest range of premium, fragrant tea and tea wares from all around the globe.

The Baker & McKenzie team was led by Corporate partners Richard Lustig and Simon De Young together with senior associate Rick Troiano.

New York, NY-- Paul Hastings LLP, a leading global law firm, is representing Kaydon Corporation (NYSE: KDN), a leading designer and manufacturer of custom engineered, and performance-critical products, in an acquisition by SKF, a manufacturer and supplier of ball and roller bearings, linear motion products, precision bearings, spindles and seals, for $35.50 per share in an all-cash transaction that values Kaydon at approximately $1.25 billion, including debt.

Paul Hastings is a regular outside legal advisor to Kaydon Corporation.

National business law firm, DWF, has advised LDC on the sale of Green Sky Energy Limited to E.ON. Green Sky Energy, the parent company of leading commercial energy management business Matrix, has been acquired by E.ON Connecting Energies (ECT), a new global unit of E.ON focusing on energy efficiency and distributed energy solutions in the B2B sector.

The transaction provided a successful exit for private equity firm LDC, which invested £10 million for a significant stake in the business as part of a buyout in March 2010.