IFLR1000

Lone Star Funds €650 million acquisition of N&W Global Vending

1/4/2016
Acquisition finance, Private acquisition
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€ 680 billion

$ 739.308 billion

Completed

1/4/2016

Overview:

  • Lone Star Funds has acquired N&W Global from Invetcorp and Equistone for around €680 million.
  • N&W Global Vending is an Italian manufacturer of automatic snack and beverage vending machines.
  • Goldman Sachs, Banca IMI, Credit Agricole and Deutsche Bank acted as underwriters on the accompanying high yield issue to finance the deal.
  • Bank of Ireland, Barclays Bank, BNP Paribas, Calyon, Ing, Intesa Sanpaolo, Natixis and Société Générale acted as lenders on the €250 million bank financing.

Sam Duke - Editor

Jurisdiction:

Italy

Deal types:

Acquisition finance
Private acquisition

Practice areas:

Private equity
M&A

Industry sectors:

Consumer goods and services
Industrials and manufacturing

Firms:
ADVANT Nctm

Party: Investcorp (Seller)

Party: Equistone (Seller)

Lawyers: Matteo Trapani, Paolo Montironi

Chiomenti

Party: Lone Star Funds (Acquirer)

Lawyers: Carlo Croff, Luca Bonetti, Luigi Vaccaro

Shearman & Sterling

Party: Investcorp (Seller)

Lawyer: Fabio Fauceglia

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