Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 15-10-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Sale of Bridon Limited to Ontario Teachers Pension Plan | Industry: | General Industrials |
| Description: |
A Travers Smith team led by senior partner Chris Hale have advised management on the sale of Bridon Limited by Melrose Industries PLC to Ontario Teachers Pension Plan (the largest single-profession pension plan in Canada) for an amount in the region of GBP365 million.
Bridon, headquartered in Doncaster, is a leading specialist in the manufacture of wire and rope solutions for the mining, construction and energy sectors, operating manufacturing units worldwide, along with technical and sales offices.
Completion is expected to occur by the end of 2014, subject to the receipt of required regulatory approvals.
The Travers Smith team also included corporate associates Naveed Anwar and Sarah Butler, as well as tax partner Kathleen Russ and tax associate Maudie Leach.
|
||
| Financial Center: | London | Value: | 100.01-500.00 |
| Advised Party: | Vendor | Law Firm | Travers Smith |
| Target Company Jurisdiction | United Kingdom | Acquiror Jurisdiction | Canada |
| Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | Chris Hale |
