Deals roundup

Deals roundup

Our regular round-up of deals involving Irish law firms. Submit your deals to newsdesk@irishlegal.com.


McCann FitzGerald advises Jones Engineering on €1bn sale to Cathexis

McCann FitzGerald LLP has advised Irish company Jones Engineering on its sale to Cathexis, reported to be for a sum of more than €1 billion.

According to The Irish Times, Jones Engineering chairman and majority shareholder Eric Kinsella, as well as chief executive and second-largest shareholder Jim Curley, will leave the company following the deal.

The McCann FitzGerald team was led by corporate lawyers Stephen Fuller, Brendan Murphy, Riccardo Savona Siemens, Amy Ryan, Aoife McCarthy and Niamh O’Leary McNeice, together with Laura Treacy on merger clearance, Donal Hamilton on employment/HR and Alan Heuston on tax.

Arthur Cox advises Cambrex Corporation on acquisition of Q1 Scientific Limited

Arthur Cox has partnered with Ropes & Gray LLP in advising Cambrex Corporation on its acquisition of Q1 Scientific Limited.

Cambrex is a global contract development and manufacturing company while Q1 is a provider of stability storage services for the pharmaceutical, medical devices and life sciences industries.

The Arthur Cox team advising Cambrex on the transaction was led by corporate and M&A lawyers Maeve Moran and Eoin McCague.

The team also included Sarah O’Reilly and Philippa Bourke in the corporate and M&A team; Ailish Finnerty and Dearbhla Ní Fhloinn in tax; Kevin Langford and Grace-Ann Meghen in employment; Sarah McCague and Katie Lawless in pensions; Deirdre Sheehan and Thelma Byrne in real estate; Colin Kavanagh and Bridget Clinton in life sciences regulatory; Olivia Mullooly and Isabel Cooke in IP and data protection; and Imelda Shiels and Andrew Barr in finance.

Ronan Daly Jermyn advises Dublin Meat Company on investment for expansion

Ronan Daly Jermyn has advised Dublin Meat Company on securing a significant investment from BGF.

Founded by Paddy O’Leary in 2005 and now run by sons Brian and David O’Leary, Dublin Meat Company is a specialist food producer and owner of the Fit Foods range of healthy ready meals which are available nationwide through retailers including Lidl and Dunnes Stores.

Dublin Meat Company also operates six craft butcher shops and an online service. The firm distributes over 120,000 ready meals a week through its network of retailers, its own craft butcher shops and its online service.

Supported by the Ireland Strategic Investment Fund and three banks, BGF backs Irish companies with investments normally ranging between €1 million and €10 million. Both transactions are subject to approval from the CCPC.

The RDJ transaction team included Bryan McCarthy and Sarah Slevin in the corporate and commercial team, supported by Mark Barrett and Mark Ludlow in tax, Diarmaid Gavin in competition, Antoinette Vahey and Claire Macken in employment, David Phelan in property, and Brian Quinn in banking.

A&L Goodbody advises lenders on Chapter 11 restructuring of Nordic Aviation Capital

A&L Goodbody (ALG) has advised BNP Paribas and a group of secured lenders in relation to the Chapter 11 restructuring of Nordic Aviation Capital.

The restructuring included the separation and recapitalisation of Irish companies NAC Aviation 33 and NAC Aviation 34, with new equity investment from Azorra. The companies hold a portfolio of 37 aircraft comprised of 29 Embraer E-Jets and seven ATR and Q400 turboprops leased to 13 airlines across the globe.

ALG advised the lenders on all Irish law aspects of the transaction with the team lead by restructuring and insolvency lawyer David Baxter, aviation and transport finance lawyer Marie O’Brien, corporate and M&A lawyer Berni Hosty and tax lawyer James Somerville, with support from associates Stephen Ahern, Keith Mulhern and Catherine Mannix.

ALG previously advised the lenders with respect to Nordic Aviation Capital’s Irish scheme of arrangement.

Ms O’Brien, who heads the firm’s aviation and transport finance team, said: “This was a significant and complex transaction that required expertise from a number of people from our corporate, aviation and restructuring teams.

“This type of multi-disciplinary transaction really plays to our strengths so we were delighted to have had the opportunity to be part of the advisory team on this deal.”

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