Alfa Laval acquires Aalborg Industries, a leading specialized equipment company
Alfa Laval - a world leader in heat transfer, centrifugal separation and fluid handling - has signed an agreement to acquire Aalborg Industries Holding A/S for a total cash consideration of SEK 5.0 billion, on an enterprise value basis, from Altor 2003 Fund, LD Equity and the Company's management. Aalborg Industries has some 2,600 employees and is expected to generate sales of about SEK 3.3 billion in 2010. The acquisition will be accretive to EPS from 2011. The closing of the transaction is subject to clearance from regulatory authorities.
Eversheds scoops top prize at the FT Innovative Lawyers Awards
International law firm Eversheds has been named the Most Innovative Law Firm at the prestigious FT Innovative Lawyers Awards. The firm was ranked number one in the FT Law 50 report, the Financial Times’ ranking of Europe’s most innovative law firms, knocking Freshfields Bruckhaus Deringer off the top spot.
Eversheds Bitāns Law Office in Riga provided legal advice for SIA GRUNDFOS Pumps
First cross-border merger in the past two years registered with the acquiring company being seated in Latvia
Eversheds assists in Tissue-transaction
Family owned LPC Group, UK, has been sold to Sofidel S.p.A.. LPC Group with subsidiaries in Sweden, France and Belgium is a manufacturer of tissue and handkerchiefs.
Eversheds increases international reach with unique Baltic association
International law firm Eversheds has announced its association with a network of three leading law firms in the Baltic region. The affiliation agreement with Saladžius & Partners in Lithuania, Ots & Co in Estonia and Baltmane & Bitans in Latvia is another step in the continuing development of Eversheds' international capability.