On The Move

Tuesday, 19 August 2014 Written by

The latest private practice and in-house moves from some of the biggest players in our markets.

Supported by the law firm Noerr, the British-American Henrob Group has agreed to the takeover by the Swedish Atlas Copco Group. Henrob relied for antitrust law and German aspects of the transaction – in particular also for the takeover of the Henrob GmbH – on a team led by the Berlin corporate partner Dr. Tibor Fedke.

Kinstellar’s team has successfully completed another major foreign direct investment project, advising South Korea’s Hyundai Mobis on the negotiation and conclusion of an investment agreement with the Government of the Czech Republic in support of a new automotive headlight plant in the Mošnov industrial zone in the Nový Jičín district.

Hogan Lovells has advised the Phoenix Group on the sale of their annuity business with liabilities of approximately £1.7 billion to Guardian Assurance Limited. The transaction was announced on Thursday 31 July.

CMS advised Dixons Retail plc ("Dixons"), one of Europe's leading specialist multi-channel electrical retailer and services companies, on the sale of its ElectroWorld operations in the Czech Republic and Slovakia to Slovak electronics retailer NAY a.s. ElectroWorld operations comprise 22 stores in the Czech Republic and 4 in Slovakia, which for the financial year running to 30 April 2014 generated a turnover of GBP 129 mln.