William Fry is advising Phoenix Group on the Irish aspects of its £3bn acquisition of Standard Life Aberdeen's insurance business. The sale will mark Standard Life Aberdeen's exit from its insurance roots and is a significant transaction in the international insurance sector.
Global law firm K&L Gates has advised leading global provider of products and services for rail and industrial markets, NYSE-listed Westinghouse Air & Brake Technology Group (Wabtec) on its acquisition of Lynxrail, the railroad technology division of Lynx Engineering Consultants Pty Ltd.
Established in 1993 in Perth, Lynx Engineering developed a range of innovative technologies for the rail industry, including wayside and on-board condition based monitoring systems.
Weil is advising Antin Infrastructure Partners (Antin) in its acquisition of FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast U.S. The financial terms of the agreement were not disclosed and the transaction is expected to close during the second half of 2018, subject to customary regulatory approvals and customary closing conditions.
Ince & Co was instructed by longstanding client, Aegean Marine Petroleum Network (AMPNI), the world's largest independent physical bunker supplier, on its approx.$367 Million acquisition of HEC Europe. The acquisition signed on 20 February and closing is subject to customary conditions.
Taylor Wessing and Holland & Knight have jointly advised the The Cadmus Group LLC (Cadmus), a leading consultancy in the USA, on the purchase of the consultancies IFOK GmbH (IFOK) and Meister Consultants Group Inc. (MCG).
Cadmus provides strategic and technical expertise in energy, climate, all-hazard preparedness, the natural and built environments, sustainable transportation, public health, and international development. With more than 500 consultants, Cadmus advises government, commercial, and nongovernmental organizations in the USA and worldwide.
The international law firm BEITEN BURKHARDT has advised ING DiBa on the acquisition of the Berlin online credit market place Lendico. The takeover is still subject to approval by the antitrust authorities and the parties have agreed not to disclose the transaction volume.
CMS has advised Czech investment fund, PPF Group on the acquisition of Bulgarian media company, Nova Broadcasting Group (‘Nova’), 95% in the company was bought from Modern Times Group (‘MTG’) and the remaining 5% from Eastern European Media Holdings S.A..
Nova is Bulgaria’s largest commercial media group and is comprised of 7 TV channels and 19 online businesses. It employs 650 people in Bulgaria and currently controls a 33% commercial share of viewing.
Squire Patton Boggs has advised leading international luxury travel agency Scott Dunn on its acquisition of Country Holidays, a Singapore-based group of travel companies offering tailor-made vacations and operating in Singapore, Hong Kong, China and Dubai. The strategic acquisition, which sees the merger of Scott Dunn and Country Holidays, makes Scott Dunn one of Asia’s largest bespoke tour and travel agencies. Chang Theng Hwee, founder of Country Holidays, will assume the position of Scott Dunn CEO, Asia.
Paul Hastings LLP has advised Qualium Investissement in connection with its takeover of Labelium Group.
Founded in 2001, Labelium Group offers consulting services in online marketing and digital strategy on all available platforms and tools including SEO, SEA, social media, RTB, and video. Labelium Group operates worldwide with 16 offices in Europe, the United States and Australia and currently employs approximately 200 consultants.
Mills & Reeve have advised Cambridge based Prior Scientific Instruments on its acquisition of the Queensgate Nano business from Electron Technology.
Prior Scientific is a global leader in the design and manufacture of precision positioning devices, optical systems, automation solutions, and components with offices in Cambridge, the US, Germany, Japan and China.