Clyde & Co has advised Sanpower Group Co. Limited (Sanpower Group) in relation to its acquisition of an 89% stake in British retailer House of Fraser. The deal valued at approximately GBP 480 million (USD 800 million), is the Sanpower Group’s first major investment in the UK retail sector and China’s largest foreign retail investment to date.
Herbert Smith Freehills has advised Shunfeng Photovoltaic International Limited on the acquisition of 100% interests in Wuxi Suntech Power Co. Ltd. from its administrator for RMB3 billion (US$482 million).
Clifford Chance has advised Symrise AG on its submission of a binding offer for the acquisition of all shares in Kerisper S.A.S., France, the holding company of Diana Group, from private equity investor Ardian Funds (formerly Axa Private Equity), Paris.
Lawrence Graham has advised Arthur J. Gallagher & Co ("Gallagher"), the international insurance broking and risk management services firm, on its acquisition of the The Oval Group ("Oval") for a total net consideration of £199 million.
Olswang has advised dunnhumby Ltd., the world's leading customer science company and a wholly owned subsidiary of Tesco PLC, on its acquisition of Sociomantic Labs GmbH, the Berlin-based global advertising technology firm, from KBN Investment Group UG.
Freshfields Bruckhaus Deringer has advised private equity firm Warburg Pincus on its acquisition of Dubai-based specialist IT software, development and solutions business, mercator, from dnata (one of the world’s largest air services providers and a subsidiary of the Emirates group). dnata will retain a minority stake in mercator on closing. The transaction, which is structured as a mixed asset sale, comprises a significant and complex separation element
DWF has advised AAMP of America, a global supplier of a broad spectrum of car audio integration technologies as well as aftermarket audio accessories and mobile audio/video components, on its acquisition of the Armour Automotive division of consumer electronics group Armour Group plc for an aggregate purchase price of £10.9 million. AAMP of America is a portfolio company of Audax Private Equity.
Squire Sanders represented ICF International, a leading provider of consulting services and technology solutions to government and commercial clients, in closing two international transactions.
Led by partner Anthony Van der Hauwaert, a Squire Sanders Brussels team advised ICF on its acquisition of Mostra S.A., a leading communications firm based in Brussels. Mostra is a key provider of strategic communications to European Union institutions, particularly the European Commission.
Freshfields Bruckhaus Deringer has advised long-time client Arysta LifeScience on its acquisition of France-based Goemar group from private equity firms BeCapital and Pechel Industries.
Goëmar is a global manufacturer and supplier of biostimulation, biocontrol and innovative nutrition for plants. Terms of the transaction were not disclosed.
A cross-border team of Dechert LLP lawyers is representing ECCO Group (ECCO) in its acquisition of Public Safety Equipment Group (PSE).
ECCO is primarily engaged in sales of reversing safety and amber warning products for commercial vehicles and recognizes PSE as the ideal platform to expand its global presence and its footprint to the worldwide emergency vehicles sector, allowing the group to compete as a strong global player in both sectors.