Hogan Lovells advises 2e2 on sale of its European businesses to Logicalis Group
Hogan Lovells has advised IT company 2e2 on the sale of its European businesses to Logicalis Group, part of Datatec, for €24m (£21m) in cash.
2e2 went into administration in January 2013. Hogan Lovells has been advising the company on all aspects of the administration, including the sale of the UK data centre business and, most recently, 2e2’s businesses in Spain, Ireland, the Netherlands and the Channel Islands.
Datatec will fund the deal with €14m in cash and a €10m share placement and will employ approximately 500 2e2 employees.
The Hogan Lovells team was led by London business restructuring and insolvency partner Deborah Gregory, assisted by of-counsel James Robinson and associates James Maltby and Viktor Braun, together with senior associate Maya Cronly-Dillon.
News from Hogan Lovells
News from The Lawyer
Briefings from Hogan Lovells
Companies in the federal supply chain have an opportunity to prepare for the expansion of government’s anti-human-trafficking rules
This update highlights the salient aspects of the proposed rules and the requirements that are likely to be of most interest to contractors.
Companies should assess their business operations and relationships in Ukraine.
Analysis from The Lawyer
When a firm shouts loudly about a landmark merger, as SJ Berwin did when it joined forces with King & Wood Mallesons, departures are always likely to come under the spotlight.
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies