DLA Piper has advised Profin Group and its shareholders on the sale of the entire share capital of Profin Group, a Finnish manufacturer of premium sliding doors and windows, to Inwido.

Profin was founded in 1977 in Northern Finland and over the past decade, has become the market leading manufacturer of high quality sliding doors in Finland. In addition to the domestic market, Profin also exports to several other EU countries, Japan and Russia.

Orrick’s Paris team is advising Naturex on the takeover bid for the total of Naturex’s remaining capital launched by Givaudan. Following the first phase of the acquisition announced at the end of March, which enabled Givaudan to acquire 40.5% of Naturex’s capital, the group now wishes to purchase 59.5% of the capital. This would value the group at €1.3 billion.

Naturex’s acquisition by Givaudan is part of its strategy to create a fragrance market leader by 2020.

Shearman & Sterling advised the shareholders of SUSPA GmbH on the sale of the company to Mr. Pascal Vanhalst. The transaction is expected to close at the end of June 2018.

Slaughter and May, Hong Kong, is advising Swire Pacific Limited (Swire Pacific) in relation to its proposed privatisation of Hong Kong Aircraft Engineering Company Limited (HAECO). The privatisation will be implemented by way of a scheme of arrangement pursuant to the Companies Ordinance and a withdrawal of the listing of HAECO's shares on the Hong Kong Stock Exchange.

The proposal was announced on 10 June 2018. The amount of cash payable to the scheme shareholders of HAECO under the proposal is approximately HK$3 billion.

Stuttgart – Together with the management, private equity firm Seafort Advisors has sold its shares in the VERTIKOM Group to listed Polish company ASM Group. The senior management team is staying with the company after the deal. The transaction has already been completed.

Mayer Brown advised Charterhouse on the sale of the group SIACI SAINT HONORE to its management and teams from Ardian and Edmond de Rothschild.

Law firm Stephenson Harwood LLP has advised the management of SIACI Saint-Honoré, the fourth largest insurance brokerage in France with a strong international presence, on the majority buyout of the group.

The management, backed by private equity house Charterhouse, has entered into exclusive negotiations with the group's historic shareholders, Ardian and Edmond de Rothschild.

Subject to mandatory clearances, completion is expected to occur by September 2018.