Resource

 

 

 

 

 

 

 

 

 

 

 

M&A: Seller's Counsel

McCann FitzGerald advises Sisk on the sale of the Sisk Healthcare Group

24 Aug 2018

We advised Sisk on the sale of ROI Healthco IOM 2 Limited and its subsidiaries (together the Sisk Healthcare Group) to Uniphar PLC.  The terms of the sale, which completed in August 2018 following the receipt of conditional regulatory approvals, are undisclosed.  The transaction represents an important step in the ongoing growth of the Sisk Healthcare business and reflects Uniphar's ambition to become a pan-European provider of wholesale and outsourced specialist services to the pharmaceutical and medical sectors.

Pinsent Masons advises Knorr-Bremse on the sale of its service business in the United Kingdom

24 Aug 2018

International law firm Pinsent Masons Germany LLP has advised Knorr-Bremse, the leading manufacturer of braking systems, on the sale of its RailServices UK and Kiepe Electric segments in the UK to the associated company Mutares AG.

Knorr-Bremse and Mutares signed an agreement to take over the entire service business for vehicle overhauls, which is scheduled to complete in Autumn 2018.

Clifford Chance advises ProTen on AU$371 million acquisition by First State Super

24 Aug 2018

Leading international law firm Clifford Chance has advised ProTen Limited on its 100% acquisition by FSS Agriculture 2 Pty Ltd (owned by the First State Superannuation Scheme) via a scheme of arrangement to be implemented under a binding Scheme Implementation Deed (SID) signed on 22 August 2018. The scheme is currently expected to be implemented by mid-November 2018. The acquisition values ProTen at approximately AU$371 million Enterprise Value.

Freeletics - Milbank Advises Shareholders on the Sale of Shares

23 Aug 2018

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the shareholders of Freeletics on the sale of their shares to an investor group led by FitLab.

Freeletics was founded in 2013 as a start-up and is today, according to its website, one of the fastest-growing sports and lifestyle companies in the world with 120 employees, 29 million users, four apps and a clothing line.

A Milbank team jointly led by Andrea Eggenstein and Leopold Riedl advised the sellers on corporate and tax law aspects in relation to the transaction.

Milbank Advises DBAG Fund VI on the Sale of Its Shares in Cleanpart

23 Aug 2018

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised DBAG Fund VI, a fund advised by Deutsche Beteiligungs AG, on the sale of its shares in Cleanpart Group. The shares will be acquired by Mitsubishi Chemical Corporation.

Cleanpart is a services company for the semiconductor industry. The company maintains process-critical components in machines that are primarily used in the production of logic chips, memory chips and comparable components.

The acquisition is still subject to approval by the competent cartel authorities.

Baker McKenzie legal advisor in the sale of Alphamin SA to Brenntag Group

21 Aug 2018

Baker McKenzie has advised KeBeK Private Equity in the sale of all shares of Belgian specialty chemicals distributor Alphamin SA and its US subsidiary based in New Jersey to the German global market leader in chemical distribution Brenntag. With this transaction, KeBeK Private Equity closes its fourth deal of the past few months.
 

London Retail Foreign Exchange Company Sold To Fexco

21 Aug 2018

London based retail foreign exchange (FX) company Thomas Exchange Global (TEG) has been acquired by financial services group, Fexco.

The deal strengthens Kerry-based Fexco’s position as the largest independent FX operator in the UK where it holds 12% of the growing £9bn market.

The acquisition of TEG, which serves more than one million customers in London across 15 branches, also now positions Fexco as the largest independent FX operator in the city.

Bryan Cave Leighton Paisner Advises Shareholders of iQuest on Sale of Majority Stake to Allgeier SE

20 Aug 2018

Bad Homburg/Munich/Frankfurt, Germany, August 16, 2018 – Bryan Cave Leighton Paisner’s Frankfurt and Hamburg M&A team, under the leadership of Dr. Tobias Fenck, advised the shareholders of iQuest on the sale of a majority stake to Allgeier SE. The international IT-service provider iQuest, based in Bad Homburg, sold two thirds of its shares to the Munich technology group Allgeier SE. iQuest will continue to work independently but closely with the Allgeier Group.

BEITEN BURKHARDT advised on the sale of Schütz Dental GmbH to Micerium S.p.A.

20 Aug 2018

The international commercial law firm BEITEN BURKHARDT exclusively advised the shareholders of Schütz Dental GmbH (Rosbach, Germany) on the sale of the company to Micerium S.p.A. (Avegno, Italy).

Schütz Dental GmbH is a leading provider of premium dental systems, products and services to dental labs and dental practices. It offers a wide range of products including complete digital workflow systems (equipment and software), implantology, consumables and precious alloys with a focus on the premium segment of the dental industry. The combination of the