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June 8, 2018updated 27 Jul 2018 6:55am

M&As this week: GreatStar Group, Seidler Equity Partners, HYLETE

GreatStar Group has completed the acquisition of Lista Holding AG from Capvis Equity II LP for Sfr184.5m ($187.03m).

GreatStar Group has completed the acquisition of Lista Holding AG from Capvis Equity II LP for Sfr184.5m ($187.03m).

Based in China, GreatStar is a producer and supplier of hand tools and forklifts, while Lista is a furniture manufacturer for workshops and warehouses in Switzerland.

The transaction allows GreatStar Group to expand its business in Europe and enables Lista Holding to enter new markets while expanding its product range.

Seidler Equity Partners has entered an agreement with Newell Brands Inc to acquire Rawlings Sporting Goods Company Inc for $395m.

Seidler is a private equity firm and Rawlings Sporting is a producer and marketer of sporting goods, whereas Newell is a producer of consumer products.

Major League Baseball, an operator of baseball leagues in the US, will also co-invest with Seidler Equity Partners, under the transaction.

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All companies involved in the acquisition are based in the US.

Morgan Stanley is the financial advisor to Newell Brands, while Bank of America Merrill Lynch is the financial advisor to Seidler Equity Partners for the transaction.

“The transaction will enable Rue La La to expand its presence, as well as to provide luxury and best-in-class experience for its customers.”

HYLETE LLC has completed the acquisition of GRACEDBYGRIT Inc for an undisclosed sum.

Founded in 2012, HYLETE is an online retailer of apparel and accessories, while GRACEDBYGRIT is a designer of athletic apparel for women.

Both companies involved in the acquisition are based in the US.

Compagnie Financiere Richemont SA has entered an agreement to acquire 100% stake in Watchfinder.co.uk Limited from its shareholders.

Based in Switzerland, Compagnie is a luxury goods business, while Watchfinder is a pre-owned premium watches retailer based in the UK.

Scheduled for completion in September 2018, the transaction will enable Richemont to serve the needs of clients.

Ken Garff Automotive Group has completed the acquisition of Henry Day Ford Inc for an undisclosed sum.

Based in the US, Ken Garff Automotive is a retailer of new and used cars, while Henry Day Ford is a car dealer that provides parts, accessories and services for customers in the US.

Henry Day Ford will be renamed Ken Garff West Valley Ford, upon completion of the transaction. It will provide customers with the AdvantageCare pre-paid vehicle maintenance package and more vehicle options.

The acquisition enables Ken Garff Automotive to provide better customer service.

Rue La La IncĀ has entered an agreement with Hudson’s Bay Company (HBC) to acquire Gilt Groupe Inc for an undisclosed sum.

Rue La La is an American e-commerce platform that connects world-class brands, while Gilt Groupe is a discounted luxury goods online retailer based in the US.

Rue La La plans to hire more than 150 associates for the operations of Gilt business in New York, Boston, Kentucky, as well as other sites across the US.

Both brands will continue to operate separately upon completion of the transaction.

Scheduled for completion in July 2018, the transaction will enable Rue La La to expand its presence, as well as to provide luxury and best-in-class experience for its customers.

Masonite International Corporation has completed the acquisition of The Maiman Company and Graham Wood Doors (Graham Manufacturing Corporation) from ASSA ABLOY AB for an undisclosed sum.

Based in the US, Masonite is a designer and producer of interior and exterior doors, while ASSA ABLOY is Swedish manufacturer of mechanical and electromechanical locks, digital door locks, cylinders and security doors.

The acquisition enables ASSA ABLOY to concentrate on its steel door and frame products development.

BAIKSAN Co Ltd has entered an agreement to acquire 85.7% stake in Chol&Shin’s Co Ltd for KRW51bn ($47.56m).

BAIKSAN is a developer, producer and seller of polyurethane suede artificial leather, while Chol&Shin’s is a knitwear products producer and exporter.

The 85.7% stake represents 857,000 shares of Chol&Shin’s.

Both companies involved in the acquisition are based in South Korea.

Advent International Corporation has entered an agreement with Walmart Inc to acquire 80% stake in Walmart Brasil Ltd.

Based in the US, Advent International is a private equity firm, while Walmart operates a chain of hypermarkets, discount department stores and grocery stores.

Based in Brazil, Walmart Brasil is a supermarkets and hypermarkets operator.

Goldman Sachs and Co LLC is the financial advisor to Walmart, while Credit Suisse and Euro Latina Finance are the financial advisors to Advent International for the transaction.

Ropes and Gray LLP is the legal advisor to Advent International.