13 Jun 2013 | 09:12 am |
International law firm Pinsent Masons has advised The Co-operative Group on the strategic disposal programme relating to its motor dealership business. The Co-operative owned 12 motor dealerships which it has disposed of over the last 12 months via 7 separate transactions. The final transaction was the £31m sale of Albert Farnell Ltd, which comprised three Land Rover dealerships and a premium used car operation, to Vertu Motors plc.
The Co-operative has for a number of years owned a variety of successful motor dealerships including Nissan, Peugeot, Chrysler, Jeep, Fiat, Suzuki, Renault and Land Rover franchises. Farnell Land Rover is one of the best performing Land Rover franchises in the UK.
The Pinsent Masons team was led by partner Gregg Davison supported by senior associate Andy Phillips, associate Amie Norris and Property associate Matt Rowlands.
Commenting on the transaction Gregg Davison said, "We are delighted to have assisted the Co-operative Group on this strategic disposal programme. The team has worked hard to develop a consistent and efficient approach to the disposal programme allowing the Co-operative to achieve its objective."
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, on its first ever investment in Bhutan’s energy and infrastructure sectors.
Multinational law firm Pinsent Masons has advised Heidelberg Materials UK on securing the funding agreement with UK government to drive forwards its world-leading project to develop a carbon capture and storage (CCS) plant at its Padeswood cement works in North Wales.
Multinational law firm Pinsent Masons has advised Bristol City Football Club in relation to an agreement for the sale of a majority stake in Bristol City Women’s Football Club to Mercury13, a multi-club ownership group dedicated to the advancement of women’s football. The transaction remains subject to approval by the Women’s Super League.
Multinational law firm Pinsent Masons continues to build on its strong energy sector expertise with the appointment of Nick Li as a partner in its corporate team in Melbourne.
Multinational law firm Pinsent Masons has launched a new online platform to radically streamline the legal due diligence reporting process during complex M&A transactions.
Multinational law firm Pinsent Masons has today announced that its corporate bench in Manchester is set to grow with the hire of three leading M&A partners from EY.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]
