Freshfields Bruckhaus Deringer (Burkhard Bastuck, Marc Reysen) advised Apex Speciality Materials on the sale of its European business to funds advised by the UK-based private equity sponsor Granville Baird Capital Partners. Hammonds, Herbert Smith, Gleiss Lutz and Stibbe acted for Granville Baird.
Allen & Overy (Eileen Kelliher) represented Ohsea Holdings on the public to private acquisition of Professional Staff for approximately $18.5m (£11.3m). Osborne Clarke represented Professional Staff.
Clifford Chance (Ignacio Ojanguren, Maria Segimon) acted for Barclays Bank SA on its offer to acquire the entire issued capital of Banco Zaragozano for E1.14bn (£814.9m). Garrigues, Bufete Ramon Hermosilla advised Banco Zaragozano.
Ashurst Morris Crisp (Bruce Hanton, David Carter) represented Legal & General Ventures and Lloyds Development Capital in the acquisition by SBC International Cinemas of the Warner Village Cinemas chain in the UK. Legal & General Ventures and Lloyds Development Capital provided equity capital to fund the acquisition, along with Boston Ventures and Clarity Partners. Ropes & Gray and Mayer Brown Rowe & Maw advised SBC and Boston Ventures. O’Melveny & Myers and Macfarlanes acted for Clarity Partners. Travers Smith Braithwaite advised the management, with Lovells advising the banks and Olswang representing the seller.
CMS Cameron McKenna (Andrew Sheach, John Naccarato) advised ABN Amro Capital on the secondary buyout of Frank Thomas Holdings for £38m. Gately Wareing represented the vendors, Park Woodfine acted for the management and DLA advised the lender, Barclays Bank.