BLOMSTEIN handled the German Foreign Direct Investment Procedure in I Squared Capital’s and TDR Capital’s Billion-Dollar Acquisition of Aggreko plc
BLOMSTEIN has advised Albion Acquisitions Limited on the German foreign direct investments (FDI) aspects of its recommended cash acquisition of the entire issued, and to be issued, ordinary share capital of Aggreko plc. Albion is a newly formed company, owned by funds managed by I Squared Capital Advisors (US) LLC and investment funds managed by TDR Capital LLP. The acquisition values Aggreko plc’s entire issued, and to be issued, ordinary share capital at approximately £2,322 million on a fully diluted basis.
Aggreko plc is a world-market leader in providing mobile modular power, temperature control and energy services. The indirect investors, I Squared Capital and TDR Capital, are focused on acquiring market-leading companies and investing in them to drive further growth. I Squared Capital is moreover focusing on global infrastructure investments.
BLOMSTEIN has advised Albion together with Kirkland & Ellis LLP. The team involved on our side was composed of Roland M. Stein, Leonard von Rummel and Vanessa Kassem from BLOMSTEIN’s international trade practice. Many thanks to the whole Kirkland team for the good and successful cooperation and for the trust placed in us!