Reed Smith has advised the owners of Butsch & Meier Group on its sale to French Kiloutou Group. A multi-disciplinary team led by Dr. Octávio de Sousa provided corporate law, finance, real estate, tax and labour law advice.

Butsch & Meier Group specializes as a rental company for working platforms and teleforklifts and is one of the dominant players in this sector nationally. Kiloutou is the fourth-largest rental company in the field of construction equipment and operates at more than 440 locations in France, Poland, Spain, Germany and Italy.

Prague--Dentons' Corporate and M&A team in Prague advised shareholders of VUK, spol. s.r.o. on the sale of their company to global automotive supplier Continental via a share deal. The transaction value was not disclosed.

VUK is a Czech company owned by five families. With history dating back to 1936 when it was a part of the company Bata, VUK was established as a private company in 1993 and has become a leading Czech designer and manufacturer of tire production machinery.

Debevoise & Plimpton LLP has advised the Poddar family in the sale of their remaining shareholding in Ashirvad Pipes Pvt Ltd (“Ashirvad”), to Aliaxis SA (“Aliaxis”).

Founded in 1998 by the Poddar family, Ashirvad is an India-based leader in the manufacture of PVC and CPVC piping systems. With its state-of-the-art factories, the company has an annual manufacturing capacity of more than 100,000 metric tons and manufactures a complete range of quality plastic piping systems for domestic and agricultural use.

Freeths has advised the shareholders of Wheatley Wright Insurance Services Limited and its underwriting arm Online Risk Solutions Limited (“WWG”) on their sale to PIB Group Limited (“PIB Group”).

International legal practice Osborne Clarke has advised the shareholders of Dutch digital production company MediaMonks Multimedia Holding B.V., on its sale to S4 Capital Limited founded by Sir Martin Sorrell, as a result of a controlled auction process, managed by Clarity Capital Partners and JEGI.

Slaughter and May advised Arm Limited on the sale of a 51% stake in its Chinese subsidiary, Arm Technology (China) Co., Ltd. (“Arm China”), to entities representing certain financial investors and certain of Arm's ecosystem partners in order to form a joint venture for Arm's existing semiconductor technology IP business in China. The transaction values Arm China at US$1.52 billion.

Simpson Thacher is representing funds advised by Apax Partners in connection with the sale of Azelis to the EQT VIII fund and the Public Sector Pension Investment Board. The transaction is subject to customary closing conditions, including receipt of regulatory approvals, and is expected to close in the fourth quarter of 2018. The financial terms of the transaction were not announced.

The Birmingham corporate team of international legal business DWF has advised Acenta Steel on its acquisition by global metals trading business Aar Tee Industries Holdings Pte Limited.

Acenta Steel is the UK's largest independent processor and distributor of bright and engineering steel bars. The company is based in Willenhall in the West Midlands and can trace its history back to the 19th century. This acquisition marks a new period of growth for the business which currently has six sites and 350 employees across the UK.

Watson Farley & Williams (“WFW”) has advised OMV on the completion of its sale of two wholly-owned subsidiaries comprising its upstream exploration and production business in Pakistan (“OMV Pakistan”) to Dragon Prime Hong Kong Ltd., Hong Kong, for an agreed consideration of €158m.