Vela’s fundraising of €40 Million

Chammas & Marcheteau provided legal counsel to Vela (Sail for Goods) in connection with its successful €40 million fundraising effort. This round saw participation from prominent French and American investors, including Crédit Mutuel, through its Révolution Environnementale et Solidaire fund, Bpifrance, and the 11th Hour Racing Foundation. Additional support came from regional entities such as […]

Uría Menéndez Advises Wabtec on Acquisition of Fanox Electronic

Uría Menéndez Advises Wabtec on Acquisition of Fanox Electronic. Uría Menéndez has successfully advised Westinghouse Air Brake Technologies Corporation (Wabtec) on its acquisition of 100% of the shares of Fanox Electronic from ABE Capital Partners and other minority stakeholders, including the company’s founder and management team. The transaction, completed via Wabtec Netherlands, B.V., expands Wabtec’s […]

2024 Veterans Day Free Meals, Deals, and Discounts for Military Personnel

2024 Veterans Day Free Meals, Deals, and Discounts for Military Personnel In honor of Veterans Day on November 11, 2024, restaurants, retailers, and other businesses are offering special discounts, free meals, and deals for veterans and active-duty military. Below is a comprehensive list of confirmed offers, organized by category with links to each participating company. […]

Mirova’s multimillion-dollar financing deal with Ghana-based ManoCap Energy

Mirova, an ESG-focused investment firm and affiliate of French investment manager Natixis, has provided USD 20 million in long-term debt financing to ManoCap Energy, a Ghana-based independent power producer (IPP). The deal, part of the Mirova Gigaton Fund, will support ManoCap’s expansion and accelerate the transition from fossil fuels to renewable energy in West and […]

RAJA Group’s acquisition of the RETIF Group

RAJA Group, a European leader in the multichannel distribution of packaging, supplies, and equipment for businesses, has successfully acquired from Verdoso 100% of the capital of the RETIF Group, a French distributor specialising in shopfitting equipment and supplies for retail stores. This acquisition strengthens RAJA’s leading position in the European market and will enable the […]

Fisker’s Restructuring and Insolvency

Fisker GmbH, located in Graz, is a subsidiary of the Fisker Group, which is currently undergoing Chapter 11 bankruptcy proceedings in the United States. Fisker GmbH was responsible for overseeing the manufacturing of Fisker’s electric vehicles. The insolvency of Fisker GmbH is one of the largest in Austrian history, with alleged claims against the company […]

NJJ Holding’s acquisition of Datagroup-Volia

NJJ Holding, the investment company owned by Xavier Niel, has completed its acquisition of Datagroup-Volia, Ukraine’s largest fixed-line telecommunications and pay-TV provider. This acquisition coincides with the announcement of NJJ Holding’s consortium-led purchase of Lifecell, Ukraine’s third-largest mobile operator. The consortium, which includes US private equity firm Horizon Capital, led by Lenna Koszarny, and Target […]

Midea Group’s HK$26.97 Billion Share Offering in Hong Kong

Midea Group, the prominent Chinese home appliance manufacturer, has successfully launched a HK$26.97 billion ($3.46 billion) share offering in Hong Kong. This surpasses JD Logistics $3.16 billion raise in May 2021 making it the largest listing in the city in over 3 years. This listing also significantly overshadows the HK$1.3 billion offering by Chinese lithium […]

Macfarlanes Guides Carne Group and WTW in Landmark FCA Fund Approval

Macfarlanes Guides Carne Group and WTW in Landmark FCA Fund Approval The launch of the Long-Term Asset Fund (LTAF) in the UK marks a pivotal moment for pension savers, offering unprecedented access to private equity investments. On October 15, 2024, Macfarlanes, a prominent London-based law firm, announced its key role in advising Carne Group and […]

AMMG Group’s acquisition of T.S.F. Metalúrgica de Precisão, Lda.

T.S.F Metalúrgica de Precisão, Lda. is a Portuguese company specialised in large-scale machining and the manufacture of pre-assembled and painted welded assemblies. The AMMG Group provides a solution for the production of large metal parts for major European customers. Through merging Duchene Industries and T.S.F Metalúrgica de Precisão, Lda, AMMG Group will be able to […]

SPE Capital, EBRD, TCV and BII’s acquisition of Tamweely

In a momentous deal exceeding EGP 2.5 billion, Ayady Egypt for Investment & Development (Ayady), NI Capital Holding for Financial Investments (NI Capital), and Post For Investment (PFI) divested their stakes in Tamweely Microfinance to a consortium of investors. SPE Capital led the acquisition along with, the European Bank for Reconstruction and Development (EBRD), TCV […]