54-72 DealDirectoryV6.qxp 16/2/09 17:51 Page 56
DEAL DIRECTORY ACQUISITIONS
DUO BUY BOLTON CARE HOME
Peter and Claire McGailey have standard of care in a homely
acquired Lyngate Care Home in environment.”
Peter and Claire McGailey
Bolton in a £1.4 million deal Dickson Haslam provided legal
acquire Lyngate Care Home
backed by the Royal Bank of advice to RBS. Dominic Hester,
Scotland (RBS). the partner who led the
The husband-and-wife team transaction, commented, “My
This announcement appears as a matter of record only
have a track record in the care role was to oversee the
Legal adviser to RBS: home sector, previously owning transaction to ensure that RBS’s
the Majestic Care Home in interests were fully protected.
Blackpool. They have plans to “The deal was unusual
develop the Victorian property, because completion was delayed
which can accommodate up to until after 1 October 2008,
Finance provider to acquirer: 41 residents. which meant that we were able
Peter McGailey said, “There is to take advantage of changes to
a strong demand for residential the ‘whitewash procedure’
care in Bolton, and our aim is to introduced by the Companies
provide residents with a high Act 2006.” ■
TUI Travel, the group behind Mead said, “The transaction
TUI TRAVEL PICKS UP SPORTY NUMBER
First Choice and Thompson, has was time pressured due to
acquired specialist sports travel pending renewals of licences and
TUI Travel acquisition of
company Teamlink Travel from insurances for Teamlink, and was
Teamlink Travel founders George and Daniel
further complicated by internal
Cooper and Mark Gardener for an financial settlements required at
This announcement appears as a matter of record only
undisclosed sum. Gardner will completion. The team drove the
remain with the company as deal forward and completed it in
Legal adviser to the acquirer:
managing director. a short time frame.”
ASB Law provided legal advice
Teamlink employs 14 staff in
to TUI on the acquisition. The
Derby and has hundreds of reps
deal was led by Helen Mead,
around the world. It is one of
corporate finance partner and
60 businesses that make up
head of travel, supported by
TUI’s specialist activity sector,
Emma Cox and Tara Iqbal
which operates in the marine,
and the employment and
adventure, ski, student and
property teams.
sports markets. ■
DHL DELIVERS ROMANIAN DEAL DHL has acquired Romanian partner Neil McGregor led
rival Cargus in a deal that is the team together with lead
DHL acquisition
understood to be the largest Romanian lawyers Ioana
transaction in the domestic Enescu and Simona Lehniuc.
of Cargus
courier market. Romanian partner Boiana
The deal, the value of which Berchi also advised on aspects
This announcement appears as a matter of record only
has not been disclosed, is part of the transaction.
Legal adviser to the acquirer:
of DHL’s strategy to reaffirm its Neil McGregor said, “The
position as market leader in the successful acquisition of a large
local express courier market.
business with many staff and
On completion of the deal,
branches required a commercial
the two companies will continue
approach, combining
to trade as separate entities and
international expertise with
maintain their own employees,
knowledge of the practicalities
brands and services.
of doing business and the postal
McGregor & Partners provided
regulatory framework in
legal advice to DHL. Managing
Romania.” ■
56 Mergers & Acquisitions
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72