McCann FitzGerald advised Lakeland Dairies Co-operative Society Limited on its acquisition of the dairy business of Fane Valley Co-operative Society Limited on 1 May 2016. The transaction is of strategic importance for Lakeland and the Irish milk industry, making Lakeland the third biggest Irish processor of milk in the State with a milk pool of 1.1 billion litres.
Bogfelts, a leading full-service provider of installation and service of street and outdoor lighting, has decided to join forces with the investment fund Accent Equity 2012 to accelerate the company´s growth strategy. Bogfelts is today the market-leading independent player and wishes to expand its offering and geographical presence.
Hannes Snellman acted as counsel to Accent Equity 2012 in the transaction.
Our team included Claes Kjellberg, Patrik Erblad, Sebastian Wallin and Sanna Böris.
London—Dentons has advised NYX Gaming Group, the TSX-V listed premier digital gaming supplier, on its acquisition of Betdigital, a UK-based developer of content and systems for online, mobile, interactive TV and land-based gaming platforms, for a total cash consideration of up to £24.5 million.
London — Mayer Brown has advised Rina SpA, the holding company of the multinational testing, inspection, certification and consulting engineering (TIC-CE) group, on the acquisition of the entire share capital of Edif Group Limited, a portfolio company of Phoenix Equity Partners and various management shareholders, for £118.5 million.
Deal represents the second major European gaming industry transaction on which Latham has advised CVC in 2016.
CVC Capital Partners has announced that funds advised by CVC Capital Partners have signed a binding agreement to acquire a 100% equity stake in Italian gaming and payments operator, Sisal Group S.p.A., from funds advised by Apax Partners, Permira and Clessidra. The transaction, which is expected to close at the end of September, is valued at €1.0bn.
Kathrein Group, a German domiciled world leader in communication technologies, completed its acquisition of EnKom Group, a Swiss domiciled mobile and fixed networks engineering and infrastructure company.
Bär & Karrer acted as legal counsel to Kathrein Group. The team included Michael Trippel, Silvio Grunder, Frédéric Mancosu and Livia Casanova.
DLA Piper is advising Ascendis Health Limited, the Johannesburg Stock Exchange listed healthcare company, in connection with its proposed acquisition of Remedica Holdings Limited for consideration of up to EUR335 million.
Gleiss Lutz has been advising the US private equity fund TSG Consumer Partners on its acquisition of a significant minority interest in Canyon Bicycles. The agreement is expected to be closed within the first half of 2016.
We are acting as the legal advisor to Intermediate Capital Group (ICG) in its acquisition of Esperi Care Group from funds managed by CapMan Plc and Esperi Care Group’s management. The share purchase agreement has been signed and the transaction is pending the approval of the Finnish Competition and Consumer Authority. The transaction is expected to be closed in June/July 2016.
Schoenherr advised the French household equipment manufacturer Groupe SEB as local counsel for Austria and Czech Republic on the acquisition of German peer WMF Group. Groupe SEB will pay 1,020 million EUR in cash for the WMF Group and assume net debt in an amount of 565 million EUR. In addition, SEB takes over 125 million EUR of early retirement and pension liabilities. The closing of the transaction is subject to merger control clearance.