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M&A: Seller's Counsel

Shoosmiths advises SIG plc on £29.7 million sale of construction fixings distributor

28 Jun 2018

National law firm Shoosmiths has advised SIG plc, a leading European supplier of specialist building products, on the sale of VJ Technology (VJT).

VJT, a distributor of technical fixings, fasteners and consumables to the infrastructure, commercial and wider construction industry, was sold for £29.7 million to Primary Capital, a UK private equity investment firm. The sale is in line with SIG's medium-term divestment strategy of disposing of smaller, non-core businesses in order to refocus the group's portfolio and strengthen its balance sheet.

Mayer Brown advises Avedon Capital Partners on sale of Seebach group to John Crane

27 Jun 2018

Mayer Brown LLP advised Avedon Capital Partners on the sale of Seebach group, the Germany-based provider of metallic filtration solutions, to John Crane, a division of UK-based Smiths Group plc.

Avedon and its co-investors acquired Seebach group in 2012. Mayer Brown had already advised Avedon on the acquisition of the company.

Mishcon de Reya advises on the sale of Soho Gyms to PureGym

27 Jun 2018

Mishcon de Reya advised the owners of the Soho Gyms Group on the sale to PureGym.

Soho Gyms was established by Jeremy Norman who created the Heaven nightclub and The Embassy Club in Mayfair. Norman is now part-time executive chairman, guiding the group's expansion.

PureGym plans to convert all of the Soho Gyms sites into the PureGym format through a rolling refurbishment programme.

Larry Nathan, Head of Mishcon de Reya's Hospitality and Leisure Group, led the team with assistance from Corporate Associate Georgia Joseph.

Two "Beauties" in Two Months - Addleshaw Goddard advises on Eyeko and Organic Pharmacy transactions

27 Jun 2018

Addleshaw Goddard's leading personal care, household care and health and beauty team continues to experience a busy time amid consolidation and M&A activity within the sector.

In the last two months, it has brought its sector expertise to bear to advise on:

    The sale of the luxury organic cosmetics brand The Organic Pharmacy to a leading Italian Beauty and Personal Care business, Istituto Ganassini SPA di Richereche Biochimiche; and

Two "Beauties" in Two Months - Addleshaw Goddard advises on Eyeko and Organic Pharmacy transactions

27 Jun 2018

Addleshaw Goddard's leading personal care, household care and health and beauty team continues to experience a busy time amid consolidation and M&A activity within the sector.

In the last two months, it has brought its sector expertise to bear to advise on:

    The sale of the luxury organic cosmetics brand The Organic Pharmacy to a leading Italian Beauty and Personal Care business, Istituto Ganassini SPA di Richereche Biochimiche; and

Dreiturm GmbH settles corporate succession assisted by Heuking Kühn Lüer Wojtek

25 Jun 2018

A team led by Frankfurt-based real estate law specialist Dr. Thomas Nickel advised the shareholders of Dreiturm GmbH on the sale of all their shares. The buyers are investors led by entrepreneur and consumer goods specialist Lars Börgel.
 
Lars Börgel has taken over the corporate succession at Dreiturm GmbH as General Manager and co-shareholder. The shares in the company, which is more than 190 years old, were previously held by a family via two Canadian companies and one private individual.
 

Servest Completes Acquisition Of Unique Catering & Management Services Limited

25 Jun 2018

Irwin Mitchell’s Corporate Team Advises On Transaction

Warwick-based food business, Unique Catering & Management Services Limited, has been bought by leading facilities management company, Servest.

Unique Catering & Management Services Limited provide a range of services including staff restaurant catering, client hospitality and vending machines, to a host of well-known national organisations.

Mishcon de Reya advises the management team of TMP Holdings LTD's on the sale to TrueBlue

25 Jun 2018

Mishcon de Reya advised the management team of TMP Holdings LTD ("TMP"), on its sale to TrueBlue, a global provider of specialised workforce solutions. TrueBlue's acquisition will serve to strengthen the capabilities of its PeopleScout Recruitment Process Outsourcing segment in the UK and globally.

Taylor Wessing advises MWR InfoSecurity on its £105m sale to F-Secure

25 Jun 2018

International law firm Taylor Wessing has advised MWR InfoSecurity, a privately held global cyber security company, operating globally from its main offices in the UK, the US, South Africa and Singapore, on its sale to F-Secure for a maximum enterprise value of £105 million.

With the acquisition of all outstanding shares of MWR InfoSecurity, this sale now makes F-Secure Europe's largest single source of cyber security services, detection and response solutions.