Noerr has advised the US group HB Fuller, a manufacturer of industrial adhesives, on the strategic acquisition of competitor Royal Adhesives & Sealants in a USD1.58 billion deal. The seller is the private equity company American Securities LLC.   The acquisition promotes HB Fuller’s continued focus on technical adhesives and other highly specialised market segments. Once the transaction is completed, combined revenue will be around USD2.9 billion. HB Fuller alone had 2016 revenue of approximately USD2.1 billion.   The Noerr team, led by London partners Dr Thomas Schulz and Robert Korndörfer, advised H.B Fuller on the aspects of the transaction

Private equity firm Vance Street Capital has partnered with management to acquire RST Instruments (RST), a provider of complex geotechnical instrumentation and data systems, from Hammond, Kennedy, Whitney & Company. Founded in 1977 and headquartered in Maple Ridge, British Columbia, RST designs and manufactures highly-engineered geotechnical instrumentation and data systems for applications where structural integrity must be assured. End use applications for RST’s products include critical structures such as bridges, hydroelectric dams, mines, railroads, airports, tailings dams, tunnels and highways.   RST’s products monitor, measure, log and transmit readings of geotechnical properties such as inclination, pressure, displacement and temperature so

East African agribusiness Agilis Partners (Agilis) has completed the acquisition of the Joseph Initiative by buying the stakes of multiple minority shareholders including Dutch Oak Tree Foundation’s (DOTF) shares. DOB Equity acted for and on behalf of DOTF. Agilis will implement a new capital structure and increase collaboration between JI and other Agilis investments, which will enhance the company’s growth prospects, financing opportunities and profitability.   JI is a leading grain management and merchandising group founded in January 2013. JI has built a network of grain collection, primary processing and storage infrastructure across Western Uganda. DOTF, an impact investor, financed

Private equity firm Auxo Investment Partners has completed its first deals with the acquisitions of Atlas Die and Bernal, two specialists in the die manufacturing industry. Terms of the transactions have not been disclosed. Atlas Die, based in Elkhart, Indiana, was founded in 1952 by S Ray Miller in his basement. The company went on to develop and introduce laser technology into the die making process and later developed unique flexible rotary die making capabilities. Atlas Die continues to provide solutions for complex cutting needs in the consumer products, packaging, food and beverage, medical and pharmaceutical industries. The company has

Bridge Leisure Parks, which is backed by Phoenix Equity Partners, has continued its rapid growth on the back of the UK’s buoyant staycation market by acquiring three new holiday parks for a total investment of GBP11million. The three new parks are Ashbourne Heights on the edge of the Peak District in Derbyshire; Hedley Wood near Bude on the Devon and Cornwall border, and Hengar Manor in Bodmin on the North Cornwall coast.   The group, which now owns and operates eight holiday parks across the UK, reported turnover of GBP21.4 million in 2016, up 29 per cent on the previous

Elaghmore Partners, a UK-focused private equity firm, has acquired Kesslers International (Kesslers), a designer and manufacturer of retail displays and merchandising for world famous brands and leading UK high street retailers.  Elaghmore has bought the business from Enact which invested in Kesslers in February 2016.   Founded in 1893, Kesslers creates point-of-purchase displays and merchandising solutions for brands and retailers.  Located in Stratford, London, the business operates from a state-of-the-art design, engineering and manufacturing facility with a highly experienced team of over 200 employees.   This is the second acquisition made by Elaghmore from its initial private equity fund, Elaghmore