Leading law firm Irwin Mitchell has advised global real estate advisory firm JLL on its acquisition of Bluu.
Bluu is an office design and fit-out specialist with offices in London, Birmingham and Manchester. The acquisition will bolster JLL’s UK Tétris business, which provides design, fit out and refurbishment services to occupiers and landlords.
GA&P Team: David González Gálvez (partner corporate) and Álba Pérez (associate corporate)
Acquirer: Seaya Ventures
Country: Spain
Target: GetYourHero
Country: Spain
Value: €1.5 million
Deal description: Advice to Seaya Ventures in the financing round of GetYourHero.
King & Wood Mallesons has advised The Hilsinger Company (Hilco), a portfolio company of U.S. based private equity-fund Blue Point Capital Partners (Blue Point) on the acquisition of Breitfeld & Schlieckert GmbH (B&S) and LEXXOO International GmbH (LEXXOO) from EyeConomics Investments GmbH (EyeConomics). Part of the transaction was also the acquisition of the Hong Kong and Shanghai operations of B&S and certain other assets.
Watson Farley & Williams (”WFW”) has advised Tank & Rast Entwicklungsgesellschaft mbH on the acquisition of a 70% stake of the catering franchise company Bobby & Fritz GmbH.
The WFW team provided extensive transactional advice particularly in relation to the negotiation of all necessary agreements including the purchase agreement.
Taylor Wessing have advised Arrow Electronics on the recently closed acquisition of SETRON GmbH, a leading components distributor in Braunschweig, Germany.
SETRON has been in the components business for more than 45 years, with a robust line card of 50,000 products ranging from semiconductors to PEMCO. Their sales, distribution and engineering network will expand Arrow's capabilities in Germany, Austria, Hungary, Poland, the Czech Republic and Russia.
Travers Smith LLP has advised Access UK Limited, a company backed by Travers Smith’s long standing client TA Associates, on its acquisition of First Choice Software from the founders.
Osborne Clarke assisted the British company Avon Rubber plc, a company listed on the London Stock Exchange, in the acquisition of Interpuls, an Italian company based in Albinea (Reggio Emilia), which specializes in components for milking systems. The transaction, with value of approximately 30 million euro, will allow the British company to consolidate its expertise in the dairy sector.
Osborne Clarke's team was led by Riccardo Roversi, managing partner, with partner Piero Viganò and the associates Stefano Panzini, Cristiano Sesti and Simona Carlini.
Ashurst advised adidas Group on the acquisition of all shares in Runtastic GmbH. The purchase of the Austrian mobile fitness app maker is based on an enterprise value of €220 million. Signing and closing of the transaction have both taken place simultaneously on 5 August.
Freshfields has advised EQT VI Limited, a fund held by private equity firm EQT, on the acquisition of a majority stake in Nordic Aviation Capital. Nordic Aviation Capital is a leading aircraft leasing company based in Denmark and is the world's largest lessor of turboprop aircraft to the airline industry, with a fleet of almost 250 aircraft and a customer base of more than 40 airlines in 30 different countries.
Clifford Chance has advised METRO GROUP, a Düsseldorf-based global retailing company, on its acquisition of the Classic Fine Foods Group from private equity firm EQT. The transaction covers the operations and all fixed assets of Classic Fine Foods for an enterprise value of US$290 million plus an earn-out of up to US$38 million depending on the company's financial performance in 2015 to 2017.