Charles Russell Speechlys advises Atkins on the sale of its Scandinavian engineering Services business to Systra
Charles Russell Speechlys has advised Atkins (part of the SNC-Lavalin Group) a long-standing client of the firm, on the sale of its Scandinavian Engineering Services business to Systra Group.
Completion of the transaction is subject to regulatory approvals. Atkins, a member of the SNC-Lavalin Group, is one of the world's leading design, engineering and project management organisations, that connects people, data and technology to help clients on a range of complex projects. Systra is itself a transport consulting and engineering firm and a world leader in transport infrastructure.
Kelly Gill, Transaction Lead, commented:“The advice and quality of service provided by David, Ashwin, Caroline and the wider team at Charles Russell Speechlys was a critical driver in successfully executing this sale. Their pragmatic and commercial approach is an essential part of why we will continue to work closely with them on M&A activity.”
Ed Egerton, General Counsel, Engineering Services, SNC-Lavalin I Atkins, commented: “We are hugely indebted to David, Ashwin, Caroline and the wider team at Charles Russell Speechlys for their invaluable support on this crucial transaction for our business. In particular, their ability to seamlessly coordinate advice from numerous jurisdictions was key to delivery of this project.”
David Coates, Corporate Partner, commented: “We were delighted to support the core deal team of Kelly Gill, Ed Egerton and Annette Chapman as well as others at Atkins on this strategic transaction for the business and are excited to see how the engineering consulting business develops and evolves on the Systra platform. It was also a pleasure to work closely with our counterparts at firms in Scandinavia whose support was critical to delivering a successful outcome for the clients.”
The team was led by Corporate Partner David Coates and Senior Associate Ashwin Pillay with commercial aspects of the deal led by Commercial Partner Caroline Young. The wider team included Paul Stone and Henry Cuthbert (Commercial and Regulatory), Ayman Shehata and Marc-Us Ong (Corporate) and Helen Coward (Tax).
Local law advice was provided by Gorrissen Federspiel (Denmark), Setterwalls (Sweden) and Thommessen (Norway).
