DEAL OF THE WEEK – SANITEC

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Related briefings

Gowling advises Cairngorm Capital on acquisition of MJ Wilson Group

International law firm Gowling WLG has advised client Cairngorm Capital Partners LLP (Cairngorm Capital) on the acquisition of M J Wilson Group Limited (MJ Wilson), the leading independent UK distributor of process instrumentation and control products. The transaction was led by Corporate, Finance and Tax partner Ian Piggin, Jade MacDonald and Stephen Bowman with support […]

Tikit enhances UK sales team

To deal with growing client demand Tikit expands its sales team with the appointment of former IT Lab employee Craig Dootson.  Craig has vast experience of the IT industry having worked across multiple areas including licensing, thin client technology, cloud hosting and Office 365.

Cedarlake acquires majority share of BMF

Cedarlake Private Equity Fund I, advised by Rantum Capital, has acquired from Argos Soditic Funds the majority of BMF Group AG, the world’s third-largest ropeway manufacturer with more than 320 employees in Switzerland. Vischer advised Cedarlake and Rantum. The team led by partner Dr. Robert Bernet comprised Dr. Peter Kühn, Sebastian Flückiger, Ruben Masar, Aron […]

Pensions in 30 Podcasts, episode 27: Termination of employment and pension losses

By Ian Chapman-Curry Key Points Calculating pension loss can be complex, especially where the employee was in a defined benefit pension scheme. The Employment Tribunal service published a 2003 guidance note which suggested two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn. During April and […]

Ogier in Luxembourg advises Echo Energy on £20m bond issue

Ogier has provided Luxembourg advice to Echo Energy plc (Echo Energy) on the raising of £20m through an issue of bonds listed on the Luxembourg Stock Exchange Euro MTF Market. Echo Energy plc is a London listed Latin American focused mid-cap oil and gas company pursuing a high value piped onshore gas strategy across South […]

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Co-op considers action against Merrill Lynch

Richards Butler has been appointed by the Co-operative Group to investigate possible legal action against Merrill Lynch over the management of its £2bn pension fund The Co-operative Group announced on Friday (17 May) that it is ending its 30-year relationship with Merrill Lynch Investment Managers following dissatisfaction over its investment performance and the recent departure […]

DAC secures ninety per cent payment of legal fees for Independent Insurance policyholders

The policyholders of collapsed insurer Independent Insurance are inching towards an agreement over payment of their legal costs An agreement has been reached for private policyholders, but their corporate counterparts will have to sweat out a High Court test case to find out if they can recover the costs.The insurer went into provisional liquidation in […]

Deals summary

Stephens & Scown (John Stephens) advised the South West of England Regional Redevelopment Agency on the construction of a new 100,000 sq ft warehouse distribution centre in Cornwall for US booksellers Borders. Fenners (Caroline Frampton) advised Borders. Addleshaw Booth & Co (Peter Hardy) advised Hobden Cromwell on its £13.5m acquisition of the properties of BP’s […]

PR Clifford guns for lawyer after lapdancing scandal

PR Max Clifford has initiated legal proceedings against a solicitor from West End firm Jeffrey Green Russell As revealed in The Lawyer two weeks ago, Clifford is furious at the solicitor for negotiating a confidentiality contract between a lapdancer and his client Bryan Mcfadden of Westlife, and then acting for her in the sale of […]

Law Society goes £3m over its legal budget

The Law Society spent £7.4m on external legal fees last year, more than £3m over its legal budget, The Lawyer can reveal The figures were given to Law Society Council members in a meeting last week. The overspend has led the society to review its use of outside firms. It has now decided to bring […]

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