9 August 2010
9 August 2010, London – Leading international law firm Mayer Brown has advised Davis Langdon, a global construction consultancy, on its US$324 million takeover by AECOM Technology Corporation, a global provider of professional, technical and management support services.
The acquisition has been approved by Davis Langdon shareholders and partners, and is subject to customary closing conditions, including necessary regulatory and third party approvals. Its counterpart in Asia, Davis Langdon & Seah, will remain independent, but will continue to work with AECOM’s Davis Langdon operations under an existing collaboration agreement. The transaction is expected to close in October 2010.
Davis Langdon has worked on many high-profile projects around the world, including the Tate Modern and the Eden Project in the UK; Abu Dhabi International Airport; the Transbay Terminal in San Francisco; and the Green Point Stadium – newly built for the 2010 FIFA World Cup – in Cape Town, South Africa.
The Mayer Brown team was lead by Corporate partners Stephen Bottomley and Lauri-Lynn Pursall, supported by Paul de Bernier, and associates Michelle Wyatt, Katherine Woods and trainees James Kench and Anya Nixon. The team project managed the deal on a global scale in Africa, Australia, New Zealand, Europe, Middle East and the US.
The Corporate team was assisted by Tax partners Michael Cashman and Sandy Bhogal, Tax associates Catriona Nicol and Ben Fryer; Employment partner Nicholas Robertson and Real Estate partner Nick Marshall.
Jeremy Horner, Chief Executive at Davis Langdon, said: "This is a fantastic opportunity for us to better serve our global customers through AECOM's global platform. Mayer Brown were the ideal law firm to help us achieve the timetable we had in place and to advise on this complex, multi-jurisdictional transaction."
Lauri-Lynn Pursall, partner in Mayer Brown's Corporate group said: "We were delighted to assist Davis Langdon in this transformational event in the company's history. This is the second such transaction we have advised on in the construction industry recently, following Scott Wilson's takeover by URS at the end of June".
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