Watson Farley & Williams (“WFW”) has advised Ennismore International Management Ltd. (“Ennismore”) on the acquisition of the former Grove Hotel in the “Old Town” section of Portland, Oregon, USA, from an investment group led by Naito Development, Eagle Point Hotels and Filament Hospitality.
Watson Farley & Williams (“WFW”) has advised Ennismore International Management Ltd. (“Ennismore”) on the acquisition of the former Grove Hotel in the “Old Town” section of Portland, Oregon, USA, from an investment group led by Naito Development, Eagle Point Hotels and Filament Hospitality.
DLA Piper has advised leading property developers, Jansons Property (Jansons), on the development and sale of the iconic India Buildings site located in Edinburgh Old Town, which is to be developed for luxury lifestyle hotel brand Virgin Hotels. All parties agreed to keep the transaction value undisclosed.
Watson Farley & Williams (“WFW”) has advised Ennismore International Management Ltd. (“Ennismore”) on the acquisition of the former Grove Hotel in the “Old Town” section of Portland, Oregon, USA, from an investment group led by Naito Development, Eagle Point Hotels and Filament Hospitality.
TLT advised Chris Frappell, founder and managing director of Tru Tension, on the completion of a £75,000 investment from retail entrepreneur Touker Suleyman, as featured on BBC's Dragons' Den on Sunday 11 February.
Tru Tension is an innovative manufacturer of must-have tools and care products for anyone in the motorcycling and motorsport industry. By providing a precise amount of tension every time, its tools and lubricants ensure optimum performance and extend the life of chain, belt and sprocket sets, providing the highest quality of care for moving components.
International legal practice Osborne Clarke has advised the management team of Travel Department, a leading tour operator for guided group holidays, on a significant investment by MML Growth Capital Partners Ireland. The investment is expected to complete before the end of March 2018, subject to regulatory approval.
Automotive, corporate and energy experts from Gowling WLG have assisted Cummins, a global power leader which designs, manufactures and services diesel and alternative fuel engines and generators for use in the automotive industry, in their acquisition of Johnson Matthey PLC's UK automotive battery systems business. As part of the deal, the two power houses have also agreed to work collaboratively and combine their respective expertise towards the future development of high energy battery materials.
Gowling WLG's Corporate team has advised on the management buy-out (MBO) of manufacturer bavius technologie gmbh (formerly Handtmann A-Punkt Automation GmbH), which has been acquired by the business' managing director Armin Walther in a deal that included the firm's foreign subsidiaries in the US, Russia and China.
As a result of the MBO, the business unit '5-axle HSC/HPC machining centres' was divested from the Handtmann Group. The completion of the foreign transactions is envisaged for the first quarter of 2018, and the transaction volume will remain confidential.
DLA Piper acted as legal counsel to Agilitas Private Equity-backed Relita Industri- & Skadeservice AB, the Swedish division of Recover Nordic Group, a provider of damage control, emergency response and environmental services, in its acquisition of Betongborrargruppen i Mälardalen AB (BBG), a company specialising in specialist demolition and remediation of concrete for real estate and construction projects in Sweden.
DLA Piper has advised Zeus Capital Limited as nominated advisor and broker to OnTheMarket plc, operator of the residential property portal of the same name, on its listing on AIM and associated placing of shares, which began trading on Friday 9 February. The placing raised £30 million, resulting in a market capitalisation of approximately £100 million for OnTheMarket plc.