Ashurst acted for funds advised by Equistone Partners GmbH (Equistone) on the sale of the Karl Eugen Fischer Group in a bidding process, including on financing issues. The leading manufacturer of cord-cutting machines for the tyre industry was acquired by funds managed by Deutsche Beteiligungs AG (DBAG).
We advised Next Wireless Group, a global technology company focused on online sales of new and used electronic devices to consumers, on the Irish elements of its sale to Brightstar, a Miami-based mobile services company for managing devices and accessories, a subsidiary of Japanese group SoftBank Group Corp. As a result of the transaction, Next Wireless Group will now lead the B2C e-commerce channel for Brightstar's global sales of used wireless devices and services, utilising online marketplaces and the Next Wireless sales platform.
King & Wood Mallesons (KWM) advised the shareholders of MST Global Holdings Pty Ltd (MST), including major shareholder Macquarie Capital, on its sale to Odyssey Private Equity.
Following a competitive sale process, Odyssey is set to take a controlling stake in MST - which is a leader in providing unified communications, data infrastructure, real-time tracking and asset management solutions for harsh and mobile industrial environments.
Led by Dusseldorf Partner Christoph Louven and Counsel Guido Brockhausen Hogan Lovells has advised Gothaer group on the sale of its Polish subsidiary Gothaer Towarzystwo Ubezpieczen (Gothaer TU) to Vienna Insurance Group.
Gothaer group acquired Gothaer TU in 2010, since then Gothaer TU could increase its premium volume by 30 percent. Gothaer TU administrates approx. two million insurance contracts and supports more than 632,000 customers; currently Gothaer TU has 530 employees.
Cooley advised Rosa’s Thai Café, founded by husband-and-wife team Saiphin and Alex Moore, on the sale of a majority stake to US private equity firm TriSpan. Cooley private equity partner Stephen Rosen led the team advising Rosa’s Thai Café on the transaction.
Rosa’s Thai Café first opened in Spitalfields, London, in 2008 and the group now has 13 sites with three openings scheduled for 2018. Rosa’s Thai Café has increased sales more than 45% per annum in the past two years.
TLT has provided strategic and legal advice to the shareholders of world-leading software development company Sparkol, culminating in a management buy-out.
The sale will enable serial entrepreneur and founder Jon Air to focus on new ventures, while Sparkol's management team will continue to build on the company's success.
Sparkol's flagship products include whiteboard animation explainer video solution VideoScribe and video solution StoryPix, with corporate, public and private clients around the world.
King & Wood Mallesons (KWM) has advised the Kloska Group on the sale of its service business for BHKW-modules – through sale of Thomsen & Co. GmbH (Thomsen & Co.) – to a group of investors led by the Swiss energy utility Energie 360 Grad AG (Energie 360°).
Allen & Overy is advising Virgin Money Holdings (UK) plc (Virgin Money) on the offer by CYBG PLC (CYBG) for the entire issued and to be issued share capital of Virgin Money.
The offer values the entire share capital of Virgin Money at approximately GBP1.7 billion.
A&O has acted for Virgin Money since 2007, when advising on its bid for Northern Rock. Since that time, A&O has advised Virgin Money on multiple transactions, including on the acquisition of Northern Rock from the UK government in 2011 and on the IPO of Virgin Money in 2014.
Morgan Lewis is advising Silversea Cruises, a privately-owned European business recognized as the acknowledged leader in the luxury and expedition cruise line industry, in an investment by Royal Caribbean Cruises Ltd, a New York Stock Exchange-listed global cruise vacation company that owns and operates three global cruise brands.
Led by Düsseldorf partner Jens Uhlendorf Hogan Lovells has advised Ireland based Smurfit Kappa on the sale of their shares in Smurfit Kappa Baden Board GmbH, with board and packaging facilities comprising a board mill unit and a converting unit in Baden/Germany, and the related real property to the LIVIA Group.
The Baden board and packaging facilities produce 152,000t and convert 64m square meter of cardboard per year, generate circa EUR 100m in revenue and have 298 employees.