International legal practice Osborne Clarke has advised the senior management team of the National Exhibition Centre (NEC) Group, the UK’s leading live events venue operator, on its acquisition by private equity fund Blackstone. The NEC was previously majority-owned by LDC, the private equity arm of Lloyds Banking Group.
ADA International is Europe’s leading manufacturer of high-quality hotel cosmetics.
Willkie client Ardian, a leading independent private investment company, announced it will sell ADA International to Moonlake Capital, an Austria-based investment firm. ADA International is Europe’s leading manufacturer of high-quality hotel cosmetics.
NEW YORK - Global law firm Reed Smith today announced that it has advised Nexit Ventures on from the sale of Ekahau, the global leader in solutions for enterprise wireless network design and troubleshooting, to Ookla LCC., the global leader in fixed broadband and mobile network testing applications, data and analysis and a subsidiary of Ziff Davis.
We acted as legal adviser of security and IT group Viria when it sold the Swedish TV and broadband operator AB Sappa to investors. The new principal owner of AB Sappa is the Swedish AB Pamica.
According to Viria’s CEO Mika Vihervuori, the sale of Sappa supports Viria’s strategy of focusing on security, data management and software development solutions. Sappa has been a part of Viria since 2015 and will now have a new owner concentrating on its sector. Viria aims to invest the assets from the sale in company acquisitions supporting its strategy.
TLT advises shareholders of leading mineral by-products recycling business on its sale to Sweden's state-owned LKAB Minerals.
TLT's corporate team has advised on a major transaction in the industrial minerals market with the sale (subject to merger clearance) of Francis Flower to Swedish state-owned LKAB Minerals – one of the world's leading producers of highly upgraded iron ore products.
Vinson & Elkins advised TCFII Core LLC in the sale of Core Appalachia Holding Co LLC to Diversified Gas & Oil PLC for total consideration of approximately $183 million.
Core Appalachia is a privately held, independent producer, gatherer and processor of natural gas.
The V&E team was led by partners Chris Rowley and John Grand with associates Alex Robertson and Doug Smith. Partner Rob Dixon and associate Jonathon Hamill in London also advised on the matter.
International law firm Ashurst is advising global leading education provider Navitas Limited ('Navitas') on a A$2 billion indicative proposal from a consortium led by BGH Capital Pty Ltd, and including AustralianSuper Pty Ltd, as trustee for AustralianSuper, and Mr Rodney Jones, a non-executive director and founding shareholder of Navitas.
Hogan Lovells is advising the pan-European institutional investor focused on property-backed investments Patron Capital on the sale of its portfolio company Optimum Credit to Pepper Money. Completion of the transaction is subject to FCA approval.
Optimum Credit, which is based in Cardiff, was backed by Patron Capital in 2014 and offers a range of variable, fixed and discounted second-charge mortgages to homeowners in England, Wales and Scotland. Optimum has a UK second-charge loan book of more than £450 million.
CMS is advising Mid Europa Partners, the leading private equity fund in Central and Eastern Europe, on exiting its investment in PKL S.A., the largest and oldest cableway operator with a number of lines in the Polish mountains. Under the agreement concluded on 7 October 2018, Polski Fundusz Rozwoju S.A. (PFR) will acquire 100% of shares in Altura S. a r. l., which holds 99.77% of shares in PKL S.A.
Hamburg – Enovos Renewables O&M GmbH has taken over the O&M activities of Wircon GmbH and acquired all the shares in Wirsol O&M GmbH. At the same time, Wircon GmbH has been given an option to acquire a stake in Enovos Renewables O&M GmbH. The transaction will see Enovos and Wircon working together even more closely in operating and maintaining photovoltaic plants. Their aim is to create the largest manufacturer-independent O&M service provider for photovoltaic facilities in Germany. The parties agreed not to disclose the transaction value.