Ronan Daly Jermyn has advised an Irish wine importer on its acquisition by a multinational wholesaler. Classic Drinks, founded in 2004, has been acquired by food service distributed Pallas Food, part of global distribution company Sysco Corporation.
M&A
Pinsent Masons has celebrated being ranking in the top 10 for M&A deal volume in its first full year in the Irish market. The international law firm opened its Dublin office last year, specialising in the financial services and technology sectors.
Tughans has topped an M&A league table for the fourth consecutive year. The firm was credited with 59 deals in total last year, representing 27 per cent of all Northern Ireland deals identified in the Experian MarketIQ United Kingdom and Republic of Ireland M&A Review.
Magic Circle firms have overtaken US firms in the UK league table for mergers and acquisitions, The Times reports. Freshfields Bruckhaus Deringer, with 60 deals worth $144.4 billion over the past year, led the latest Mergermarket league table compiled for Legal Week, followed by Slaughter and May, H
The Competition and Consumer Protection Commission (CCPC) has revealed it is preparing internally for an increase in complex merger notifications after Brexit. Last year was the most active year on record for merger and acquisition activity notified to the CCPC and the former Competition Authority,