BLP successfully maintains AMEC panel position
Berwin Leighton Paisner LLP (BLP) has been reappointed to the group corporate panel for AMEC plc, the FTSE 100 international engineering and project management company.
The panel appointment covers AMEC’s M&A and corporate transactions and supplements the panel position BLP holds for litigation work, awarded in 2005.
2007 was a significant year for the BLP team advising AMEC. Last year, the firm was the sole legal adviser to AMEC on the strategically important divestment of its four divisions forming the Built Environment, generating a total cash consideration of approximately £320m. The sale of each of the four businesses was concluded within very tight timescales to ensure AMEC could meet its objectives and optimise value as quickly as possible. Since then the firm has acted on AMEC’s successful acquisition of the oil and gas consultancy business, Rider Hunt International Ltd.
The BLP team that will advise AMEC includes principal client relationship partner Keith Stella, as well as Corporate Finance partners Patrick Somers and Murdoch Currie and associates Richard Stewart, Fiona Johnston and Dessi Berhane-Silassie.
Commenting on the reappointment, Keith Stella said, “We are delighted to have been re-selected by AMEC to continue our long-standing relationship with the Group. AMEC have kept us very busy on transactional work over the past year or so and have become an increasingly important client. We are very proud to have been associated with their recent successes including, most notably, the Group’s recent promotion to the FTSE 100 following the successful divestment of their Built Environment divisions on which we acted.”
“2007 has been another excellent year for our corporate finance group. We continue to attract high-quality FTSE 100 clients based on the strength of our M&A practice and the team’s ability to develop and maintain enduring relationships.”
Other firms appointed to the panel are Linklaters and Pinsent Mason.
If you require any further information, please contact Keith Stella at firstname.lastname@example.org.