Lawyer Monthly Magazine - January 2019 Edition

DEC 2018 www. lawyer-monthly .com 120 Transactions This announcement appears as a matter of record only Coface To Acquire SID-PKZ Has acted as legal adviser to: DEAL NOT YET CLOSED - NOV 2018 Coface Has Signed an Agreement to Acquire SID-PKZ Coface announced that it has signed a binding agreement with SID Bank, a Slovenian public bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank. Created by SID Bank in 2005, PKZ is the market leader in credit insurance in Slovenia, with a strong market share. In 2017, the company recorded €15.1m of gross written premiums on an export business focused portfolio. The acquisition of PKZ by Coface is subject to usual regulatory approvals which are expected to be issued in the coming months. Coface expects a slightly positive impact on its earnings per share in 2019 and a neutral impact on its solvency ratio. Xavier Durand, CEO of Coface, added: “This acquisition is perfectly aligned with Coface's strategy. We are strengthening our presence in a strategic and growing region. This agreement demonstrates Coface’s ability to grow selectively and to allocate capital efficiently, in line with the objectives of our Fit to Win strategic plan.” Selih & Partners advised Coface on this deal and their team was led by Partners Natasa Pipan Nahtigal and Jera Majzelj. This announcement appears as a matter of record only Equistone Backs Wallenborn Transports MBO Legal adviser to Wallenborn Transports: Financial adviser to Wallenborn Transports: Financial due diligence to Equistone: Equistone Backs Wallenborn Transports MBO Equistone Partners Europe (“Equistone”), one of Europe’s leading mid- market private equity investors, announced that it has invested in Wallenborn Transports alongside the company’s current President and CEO, Frantz Wallenborn. Founded in Luxembourg in 1920, Wallenborn Transports has since grown to become a leading provider of premium transportation services and one of Europe’s largest road feeder services (RFS) operators. The company has 16 offices in 12 countries around the world and is renowned for its excellence in quality of service, reliability, dynamic customer network expansion and ability to provide highly integrated transport services. A trusted partner to over 800 companies in more than 40 markets, Wallenborn Transports will benefit from Equistone’s support as it further positions itself as a leading player in a fragmented European market, while pursuing geographic expansion and diversifying its offering. As he has done for the past 33 years, Frantz Wallenborn will continue to play a leading role in the company’s development and will remain a significant shareholder alongside Equistone. Completion of the deal occurred in August.