Brandl & Talos has advised Dr. Karl Petrikovics, former executive with Immofinanz AG, on a settlement he reached with the company following months of negotiations, which was approved at a June 1, 2017 Immofinanz General Meeting. The settlement brings an end to all disputes and procedures between the two parties.
Schoenherr has advised Erste Group Bank AG on the financing of the leveraged buyout of Austrian sensor technology manufacturer Frauscher Sensortechnik GmbH by New York-based Greenbriar Equity Group LLC. MNKS acted as Luxembourg counsel for Erste Group, and Frauscher Sensortechnik and Greenbriar were advised by Binder Groesswang and Stibbe, respectively.
Cobalt Latvia, working alongside US counsel Fenwick & West, has advised visual presentation platform Prezi in its acquisition of Infogram, a web-based data visualization company in Latvia. Infogram was advised by Dottir Attorneys in the United States. This is Prezi’s first acquisition and the value of the deal is confidential.
Moral Law Firm has advised the Kardesler Family on the sale of Tozmetal Ticaret ve Sanayi A.S., a powder metallurgy parts manufacturer focusing on hydraulic pump components for the European automotive market which reported sales of EUR 24 million in 2016, to GKN, a premier manufacturer of oil pumps and powder metal components. The Cakmak-Gokce Attorney Partnership, the Turkish arm of White & Case, advised GKN on the deal.
DZP has advised Wielton SA, the largest trailer and semi-trailer manufacturer in Poland and one of the three largest in Europe, on its acquisition of 100% of shares in the German Langendorf GmbH, which manufactures trailers, semi-trailers, and special vehicles for transporting glass and other challenging materials. The Langendorf Group was represented by Germany's WMS Treuhand law firm, and Taylor Wessing advised NWR Bank on the deal.
The Esin Attorney Partnership has advised the lenders in relation to USD 160 million and EUR 69 million Dual Currency Murabaha Facilities provided to Ziraat Katilim Bankasi A.S. ABC Islamic Bank acted as agent, HSBC Bank Middle East Limited acted as facility coordinator, and 13 international banks acted as documentation agents. The lenders included 13 international banks.
DLA Piper has advised steel producer EVRAZ on its sale of the entire issued share capital of Kadish Limited, the holding company of EVRAZ Sukha Balka, a Ukrainian enterprise specializing in iron ore underground mining, to Berklemond Investments Ltd, a company of the DCH Group, for USD110 million of gross consideration, adjustable for the actual level of working capital and debt.
Fellner Wratzfeld & Partner has advised the former owners of GREENoneTEC Solarindustrie GmbH on the sale of their majority stake in the company to China's Haier Group. Weber & Co. and White & Case advised the buyers on the transaction, which was completed at the end of May, approximately two years after the start of the sales process.
Yegin Ciftci Attorney Partnership has advised Alcazar Energy Partners, an independent developer and power producer focused on renewable energy generation across the META region, on the acquisition of Yander Elektrik, a company holding a wind power plant license in the western region of Turkey Izmir, Mersinli. The sellers were individual shareholders, represented by sole practitioner Guliz Ucar.
Sorainen advised CPA:17-Global on the acquisition of a 70% position in a joint venture with Baltic Retail Properties. The portfolio includes eighteen retail stores and one logistics facility in locations throughout Lithuania, Estonia, and Latvia. The assets are leased on a long-term basis to Kesko Senukai, a prominent do-it-yourself retailer in the Baltic States.