The international law firm Milbank, Tweed, Hadley & McCloy LLP has represented its longstanding client DMK, Germany’s largest dairy company, on the antitrust investigation of the German Federal Cartel Office on the milk supply agreements with farmers. In April 2016, the German Federal Cartel Office initiated a model investigation against DMK reviewing the supply agreements with its approximately 9,000 farmers, as it considered the sector-wide milk supply conditions between dairies and milk producers to be anti-competitive.

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised funds managed by VR Equitypartner GmbH, Granville and Baird Capital in relation to the debt financings aspects of the sale of their investments in ZARGES Group to WernerCo, a portfolio company of Triton Partners. The parties have agreed not to disclose the purchase price.

ZARGES Group, headquartered in Weilheim, Bavaria, is an internationally operating, leading producer of access technology and logistics equipment made of aluminium, in particular for professional trade and industry sectors.

A team led by Dr. Pär Johansson from Heuking Kühn Lüer Wojtek’s Cologne office advised German investment firm Odewald KMU II, which specializes in medium-sized businesses, on the acquisition of Langer & Laumann Ingenieurbüro GmbH from Nordwalde.
 
Langer & Laumann Ingenieurbüro GmbH specializes in installing and modernizing door drives for elevators and safety doors on or in machinery. Its managing majority shareholders reinvested their interests as part of the transaction and will continue to manage the group.
 

Cologne – Marketing and IT agency Cocomore AG has sold its e-commerce subsidiary Kairion to the ProSiebenSat.1 media group.

A CMS team headed by Dr Richard Mayer-Uellner advised Cocomore on the legal aspects of the transaction.

Kairion will become part of Advertising Platform Solutions, which brings together all of ProSiebenSat.1’s ad-tech activities. The transaction has already been completed. The purchase price was not disclosed.

CASABLANCA –Allen & Overy advised Travaux Généraux de Construction de Casablanca (TGCC) on a MAD 550 million (approximately EUR 50 million) equity investment in its share capital by MC II Concrete Ltd (MC II), an investment vehicle of Mediterrania Capital Investment Fund.

Ashurst advised Natixis Pfandbriefbank AG (Natixis) on financing the acquisition of landmark office building "Schicklerhaus" in Berlin-Mitte by Austrian SIGNA Group. The property was sold by Tristan Capital Partners. The parties have agreed not to disclose the purchase price and financing volume.

International law firm Bird & Bird has advised Joh. Berenberg, Gossler & Co. KG as sole global bookrunner on a successful placing of new Ordinary Shares for XLMedia Plc, raising gross proceeds of £31.7 million. The placing was oversubscribed and was carried out by way of an accelerated bookbuild. The admission of the new Ordinary Shares to trading on AIM will take place on 22 January 2018.

XLMedia, a leading provider of digital performance marketing, will use the proceeds from the placing to fund future acquisition opportunities.

Dentons assisted GPW Benchmark in preparing the new documentation for the WIBID (Warsaw Interbank Offer Bid Rate) and WIBOR (Warsaw Interbank Offered Rate) reference rates which will be effective as of February 1, 2018.

The documentation includes the WIBID and WIBOR Reference Rate Rules and the WIBID and WIBOR Fixing Participant Code of Conduct, which governs relations between GPW Benchmark and the banks participating in the reference rates fixing. Full documentation is available at GPW Benchmark.

DLA Piper represented the landlord in the negotiation of a lease expansion agreement that resulted in over 214,000 rentable square feet being leased to SPS Commerce at 333 South Seventh Street in Minneapolis and the building being renamed SPS Tower.

The 31-story building is a renowned fixture in the Minneapolis skyline and one of the prime buildings in the city's famed central business district. The landlord is a public pension fund with over $200 billion in assets and is advised by the international investment management company CBRE Global Investors.

DLA Piper, the Children and Family Justice Center at the Northwestern Pritzker School of Law and Jones Day achieved a major victory today on behalf of their client, Mr. Jaime Hauad, who was released from prison after serving 21 years. Mr. Hauad was convicted for a double murder he was alleged to have committed as a juvenile and was sentenced to life without the possibility of parole.