Category: Europe Legal Chronicle

Heuking Kühn Lüer Wojtek advised Iris Capital on its investment in Open-Xchange, a German provider of open source e-mail, productivity, and software solutions. Iris Capital invested 21 million euros jointly with eCAPITAL and other investors. The capital will be used by Open-Xchange to expand in North and Latin America and Asia. In addition, the software […]

SIX Swiss Exchange-listed ams AG, a leading worldwide supplier of high-performance sensor solutions headquartered in Austria, has announced the successful placement of senior unsecured convertible bonds due 2022 in an aggregate nominal amount of USD 350 million and a denomination of USD 200,000 each. The bonds are quoted on the open market segment of the […]

ARQIS has advised Porcher Industries, headquartered in Badinières (France), on the acquisition of P-D Interglas Technologies GmbH through a newly founded group company within the framework of an asset deal. The acquisition was notarized by Dresden notary Dr. Georg Schildge and includes all business operations, work-force resources, assets, infrastructure and brand rights of Interglas Technologies. […]

Norton Rose Fulbright has advised the International Committee of the Red Cross (ICRC), on a pro bono basis, in relation to its innovative funding mechanism to encourage social investment from the private sector. The funds raised by the ICRC will be used to build and run three new physical rehabilitation centres in Africa (Nigeria, Mali […]

Heuking Kühn Lüer Wojtek advised SANHA GmbH & Co. KG on extending the term of its 2013/2018 bond. Since the necessary quorum had not reached in an initial vote of bondholders without a meeting, the bond creditors approved the proposed amendment with a majority of 99.8 percent at a meeting on September 15. The consensual […]

Norton Rose Fulbright has advised subsidiaries of STRABAG and RAG on their joint acquisition of Geoenergie Bayern Projekt Garching a. d. Alz GmbH & Co. KG. The company, which will be called Sielnos Energy, will combine STRABAG’s expertise in power station and plant construction with RAG’s experience in deep drilling technology, and mark their entry […]

Norton Rose Fulbright has advised entities owned by the shareholders of Costamare Shipping Co. S.A. in relation to the joint venture with Döhle. The newly formed German company will act as charter broker to leading boxship providers, German owned Döhle and Greek owned Costamare, and their combined fleet of over 250 container ships, making it […]

Norton Rose Fulbright and Levy, Stopol & Camelo, LLP have advised VOXX International on the sale of Hirschmann Car Communication to Swiss-headquartered TE Connectivity. VOXX International Corporation is a leading, New York-listed global manufacturer and supplier of consumer electronic products in the automotive, premium audio, and accessory industries. Due to a strategic reorientation, VOXX International […]

Ashurst has advised Oriflame Holding AG, a leading beauty company selling direct in more than 60 countries, in relation to its new €160 million revolving credit facility provided by HSBC, ING, BBVA, BNP Paribas and UBS. The new five-year facility (with two one-year extension options at the banks’ discretion) replaces the group’s existing €110 million […]

Norton Rose Fulbright has advised a consortium of banks (Bank Polska Kasa Opieki S.A., Bank Handlowy w Warszawie S.A., mBank S.A. and ING Bank Śląski S.A.) on a complex transaction involving the grant of EUR 160m and PLN 380m in financing to Polish, Romanian and German companies from Cersanit Group and a PLN 100m corporate […]

Ashurst advised investor BlackRock and NIBC Bank on financing the acquisition of Pumpenfabrik Wangen GmbH (Wangen Pumpen) by private equity firm Silverfleet Capital. Wangen Pumpen manufactures high-quality pumps for industrial applications in a wide range of areas, for example pharmaceutical, food and beverage production. The company employs around 200 people, its headquarters and production facilities […]