MAGNUSSON ADVISES ON STRATEGIC DEAL IN THE SATCOM SECTOR
The merger creates a business with annual revenues in the range of EUR 90 million and sees NSSL Global and ESL being able to pool their engineering expertise and experience to provide their respective customers with increased global support and a broader product and service offering.
Magnusson's team advised the client on all aspects of the deal including due diligence across a number of jurisdictions, drafting and negotiation of deal documentation and regulatory advice. The Magnusson team was headed up by the Berlin partner Thomas Kaiser-Stockmann working alongside the Copenhagen partner Nikolaj Juhl Hansen.
Thomas Kaiser-Stockmann says: “It was a real pleasure to advise NSSLGlobal on this strategic deal in Denmark and Germany. One of the reasons for the client to choose to work with us was our geographical footprint, since the deal involved a number of Magnusson’s jurisdictions”.
The deal is the latest in the range of deals that involved Magnusson’s advice on major cross-border transactions, including the Chinese Denim Group’s acquisition of the clothing retailer JC in Finland and Sweden, OPDI Technologies on the formation of a technology joint venture in Hong Kong and US Jabil on the sale of its Aftermarket Services Division to IQor in Poland.
MAGNUSSON TO PARTICIPATE IN ENTERPRISE2019 TECHNOLOGY ENTREPRENEURSHIP EVENT
Magnusson will be represented in the Enterprise2019 Technology Entrepreneurship event held in Oulu on Wednesday, 6 November 2019.read more
MAGNUSSON WARSAW ADVISES VASTINT POLAND ON THE SALE OF FOUR OFFICE BUILDINGS IN POZNAŃ
Magnusson Warsaw represented Vastint Poland in the process of selling the first stage of Business Garden Poznań. The Singaporean fund Cromwell European REIT became the new owner of the property.read more
MAGNUSSON ADVISED VON ELK COMPANY LTD
Magnusson advised Von Elk Company, known for Glöet, the most popular sparkling glögg in the Nordic countries, on its cooperation with Altia, a leading Nordic alcoholic beverage brand company operating in the wines and spirits markets in the Nordic and Baltic countries.read more
Amendments made to the AML Law
Amendments have been made to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing, also known as the AML Law. The amendments are a part of Latvia’s attempts to comply with the legal acts of the European Union and to overcome the country’s weaknesses as stated in the Moneyval 2018 report. Taking into account the recent activities in terrorism and proliferation financing, an effective anti-money laundering system is essential in order to improve the finance sector and the country’s reputation on a global platform.read more