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M&A: Acquiror's Counsel

Charles Russell Speechlys advises The Real Experience Group on two acquisitions

07 Aug 2015

Charles Russell Speechlys has advised The Real Experience Group on two recent acquisitions in the group travel and education sectors.

We first advised on the acquisition of The English Studios Limited, an English language school business based in London. We then also advised on the acquisition of i-to-i TEFL, the accredited TEFL course provider, from TUI.

Charles Russell Speechlys advises CareTech on £9.23m acquisition and amendments to banking facilities

07 Aug 2015

Charles Russell Speechlys has advised CareTech Community Services Limited on the acquisition of Spark of Genius Limited (Spark).

Spark is a Scotland based provider of residential care and education services for young people with complex needs. Spark currently has 48 residential places in 9 residential homes in Scotland and 100 education places in 3 schools.

Dentons’ Kyiv office advises Turkcell on its acquisition of Astelit for US$100 million

07 Aug 2015

Dentons advised Turkcell, the leading mobile phone operator in Turkey, in Ukraine on the acquisition of SCM Holdings Limited’s (“SCM”) 44.96 percent stake in Euroasia Telecommunications Holding B.V. based in The Netherlands, in which Turkcell holds a 55.04 percent stake. Euroasia owns 100 percent of Ukrainian mobile operator LLC Astelit, which operates under the brand “life:)” on the Ukrainian mobile market. SCM’s 44.96 percent stake will be acquired for US$100 million.

DLA Piper advises on strategically important acquisition in the natural products market

06 Aug 2015

DLA Piper has advised the NASDAQ listed Hain Celestial Group, Inc. on its acquisition of the Mona-Group, a leading business group in the field of plant-based food and beverages with branches in Germany and Austria. The transaction was implemented through a wholly-owned subsidiary of Hain Celestial Europe.

Clifford Chance advises AUDI AG, BMW Group and Daimler AG on joint acquisition of HERE digital mapping business

06 Aug 2015

Clifford Chance has advised AUDI AG, BMW Group and Daimler AG on the formation of the consortium and the joint acquisition of HERE digital mapping business from Nokia Corporations.

The three underwriters will each hold an equal stake in HERE; none of them seeks to acquire a majority interest. Subject to the approval of the relevant antitrust authorities, the transaction is expected to close in the first quarter of 2016.

Baker & McKenzie advises Sephora on acquisition of beauty e-tailer Luxola Pte. Ltd

06 Aug 2015

Baker & McKenzie has advised Sephora on its acquisition of beauty e-commerce site Luxola Pte. Ltd, a deal which further expands the former's presence in Southeast Asia and beyond. This transaction is believed to be one of Singapore’s biggest Internet startup acquisitions this year, according to local business daily, The Business Times.

Sephora is a subsidiary of French luxury group LVMH - Moët Hennessy Louis Vuitton. Luxola is a Singapore-based online beauty retailer that offers a wide range of cosmetics and skincare products across Southeast Asia.

Arntzen de Besche assists Benchmark Holdings Plc in acquiring two companies

06 Aug 2015

Benchmark Holdings announced 27th July that it has acquired Norwegian-based aquaculture genetics and research company Akvaforsk Genetics Center AS (AFGC) and American based Spring Genetics for a combined total of NOK 140m. The acquisitions strengthen Benchmark’s position as the second largest global player in salmon breeding and genetics industry.

Arntzen de Besche assists FUCHS PETROLUB SE in acquisition of Statoil Fuel & Retail Lubricants AB

06 Aug 2015

Alimentation Couche-Tard Inc. announced 1th August that it has signed, through its wholly-owned indirect subsidiary Couche-Tard Luxembourg S.A.R.L., an agreement to sell its lubricants business to FUCHS PETROLUB SE. The deal, which is subject to standard regulatory approvals and closing conditions, is expected to be completed before the end of 2015.

Delphi advisor to Navamedic ASA in connection with the acquisition of Observe Medical International AB and its subsidiaries

06 Aug 2015

Delphi has been legal advisor to Navamedic ASA (”Navamedic”), a company listed on the Oslo Stock Exchange, in the acquisition of the Swedish medical device company Observe Medical International AB (”OM”) from a group of investors led by the Danish venture fund Seed Capital and the founders of OM. The initial purchase price is NOK 35 million, of which NOK 20 million shall be paid in cash and NOK 10 million will be paid through the issue of new Navamedic shares. In addition, there is a possibility to receive certain milestone payments and royalties.

Hogan Lovells Advises AUDI, BMW and Daimler on Acquisition of HERE Maps

05 Aug 2015

Hogan Lovells has advised on the $3.1 billion acquisition of Nokia's digital map unit HERE by a Consortium of AUDI AG, BMW Group and Daimler AG.

The deal will allow the Consortium to take a pioneering role in using map technology to develop autonomous driving navigation systems, combining it with real-time vehicle data to improve road safety and create innovative new products and services.