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Synerlab acquires Lyofal and IDD-Tech Orleans with the support of AXA Private Equity

Synerlab, a French pharmaceutical contract manufacturing firm, and AXA Private Equity have acquired Lyofal and IDD-Tech Orleans. Lyofal, a company founded and managed by Jean-Luc Allemand, specialises in custom-lyophilisation (freeze-drying) while IDD-Tech Orleans specialises in the development of solid dosage forms. With these acquisitions, Synerlab reinforces its leading market position

Taylor Wessing advises Rutland on acquisition of Pizza Hut UK

Law firm Taylor Wessing has advised Rutland Partners on the acquisition of Pizza Hut’s UK dine-in restaurant business from Yum! Brands, the global owners of the Pizza Hut brand. In the deal, Rutland acquired the share capital of Pizza Hut UK, the company which owns 330 dine in restaurants and

Clifford Chance advises CCM Pharma Midco on its acquisition of Amdipharm

Law firm Clifford Chance has advised CCM Pharma Midco, a vehicle formed by Cinven Funds, on its purchase of Amdipharm. The transaction values Amdipharm at GBP365m. Amdipharm is a family-owned international niche pharmaceuticals business founded by Bhikhu and Vijay Patel, which buys "legacy products" – typically off-patent generic drugs in

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Appleby reports offshore M&A growth for Q3 2012

The offshore M&A market was one of the few world markets to have experienced growth in the cumulative value of transactions in Q3 2012 compared to the same period last year, according to a report released by Appleby. The latest edition of Offshore-i, the firm’s quarterly report which provides data

MNX acquired by The Riverside Company

MNX, a provider of transportation and logistics services, has been acquired by private equity firm The Riverside Company. The deal will provide MNX with the ability to fund future expansion and acquisitions. "MNX’s compelling service offerings and continued international expansion have contributed to a strong pipeline of opportunities that position

Edmond de Rothschild’s portfolio company Vessix acquired by Boston Scientific

Edmond de Rothschild Investment Partners’ portfolio company Vessix Vascular has been acquired by Boston Scientific in a deal worth up to USD425m. Of this, USD125m will be paid at the closing with the balance upon achievement of certain clinical and sales milestones. Vessix has developed a catheter-based renal denervation system

Steve Georgala, Maitland

Maitland acquires Admiral Administration

Maitland, a provider of fund administration, multi-jurisdictional legal, tax, fiduciary and investment advisory services, has acquired Admiral Administration. Admiral is a hedge fund administrator with offices in the Cayman Islands; Dublin, Ireland; Halifax, Nova Scotia; and Richmond, Virginia. It combines best of breed technology including Advent Geneva, Advent Partner and

Horizon Capital invests in TCS Bank

Private equity fund manager Horizon Capital has purchased four per cent of shares of Tinkoff Credit Systems (TCS Bank) for USD40m.  TCS is a credit card company and the first online bank in Russia.  It is controlled 100 per cent by Egidaco Investments.  The funding for this deal comes from

Houghton International to join global Gulf Oil family

Gulf Oil Corporation, part of the Hinduja Group, has reached an agreement to acquire Houghton International. Houghton, a supplier of metal working fluids, will join a portfolio of global brands owned by the Hinduja group including Ashok Leyland (truck and bus manufacturing) and Gulf Oil International (production and marketing of

ALI Group to acquire Scotsman Industries from Warburg Pincus

ALI Group is to acquire Scotsman Industries from an affiliate of private equity firm Warburg Pincus. ALI Group is to acquire Scotsman Industries from an affiliate of private equity firm Warburg Pincus. Terms of the transaction have not been disclosed. Luciano Berti, ALI Group’s chairman and chief executive officer, says:

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