19 August 2010
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.
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."
Stephen Bottomley, partner in Mayer Brown's Corporate group, said: "We were delighted to assist Davis Langdon in this transformational event in the company's history. Having a cross- border team led by partners in Hong Kong and London enabled us to handle the time pressures of such global transactions."
Mayer Brown's multi-jurisdictional team was led by Corporate partners Stephen Bottomley (Hong Kong ) and Lauri-Lynn Pursall (London), supported by Paul de Bernier. The Corporate team was assisted by Tax partners Michael Cashman and Sandy Bhogal, Employment partner Nicholas Robertson and Real Estate partner Nick Marshall.
The deal was project managed globally across various time zones in Asia, Africa, Australia, New Zealand, Europe, Middle East and the US.