Weekly Directive

In a series of significant moves, various companies and financial services providers have advised on key acquisitions and sales, shaping the future of several industries.

Westlake Corporation, an industrial supplier, has strengthened its global presence with the acquisition of the compounding business of ACI/Perplastic Group. SZA Schilling, Zutt & Anschütz, led by Oliver Schröder, provided advice for this deal.

Meanwhile, in the financial services sector, Effecta, a provider of financial services, has been acquired by Finexity, a company specializing in tokenized real assets. Heuking advised Finexity on this acquisition, with Thorsten Kuthe and Kristina Schneider leading the charge.

Inteplast Group, a North American company, has expanded its operations with the acquisition of Conpearl, a manufacturer of lightweight plastic solutions. Grant Thornton advised Blue Cap on the sale of Conpearl to Inteplast Group, with Achim Kestler at the helm.

The logistics sector has also seen movement, with Bringly, a Dutch logistics technology platform, acquiring an undisclosed company. Hogan Lovells provided advice for Bringly in this acquisition, with a cross-border team led by Danielle du Bois-Buné, Jan Philipp Feigen, and Marieke Plaisier.

The e-commerce industry has witnessed Hg Capital, a private equity firm, acquiring JTL-Software, an e-commerce software provider. Hogan Lovells also advised JTL-Software on this acquisition.

Ortivity, a platform for outpatient orthopedic care, has welcomed Unigestion Private Equity as a new investor. Taylor Wessing, led by Oliver Kirschner, Oliver Klöck, Xiaowen Paulus-Ye, and Amir-Said Ghassabeh, advised Ortivity on this entry.

The 3D printing industry has seen a shift, with Morrison Foerster advising Anzu Partners on the acquisition of German 3D printing companies ExOne and EnvisionTec from U.S.-based Desktop Metal. Moritz Heuser led the team for this deal.

In the legal sector, Freshfields advised Continental on the sale of its Contitech business, a deal that saw U.S.-based private equity firm Regent as the buyer. Taylor Wessing also advised Regent in this sale.

Lastly, Noerr advised ABO Energy on a €240 million syndicated loan facility. Clifford Chance, with Simon Reitz at the helm, advised the lenders in this facility.

These deals, spanning various industries, are a testament to the vibrant and dynamic business landscape in Europe. As these companies continue to grow and evolve, the future promises exciting developments in the world of business and technology.