Taylor Wessing Reps Imperial In $234M Lehnkering Buy

Law360, New York (September 30, 2011, 6:41 PM EDT) -- South African transport group Imperial Holdings Ltd. said Friday it had struck a deal to buy German logistics company Lehnkering Holding GmbH for €173 million ($234 million).

Imperial, which will also assume €97 million in debt as part of the acquisition, told shareholders that Lehnkering would strengthen its already lucrative presence in Germany's powerful manufacturing and export industries.

"Lehnkering provides Imperial with an ideal opportunity to expand into global emerging markets," Imperial said in a statement. "Lehnkering has successfully operated within its markets and has established...
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