Pinsent Masons advises Aberdeen Infrastructure Funds on strategic partnership with Intertoll

06 Dec 2016 | 01:46 pm |

International law firm Pinsent Masons has advised Aberdeen Asset Management's Infrastructure Funds (AIF) on its acquisition of a 49.99% stake in Intertoll Europe’s PPP portfolio for ZAR 633.2 million (EUR 43 million).

The portfolio comprises of shares in the A1 PPP in Poland (15%) and two sections of the M6 in Hungary, Mecsek (10%) and Duna (12.67%).

Pinsent Masons advised on the due diligence, and the sale and purchase agreement. The team was led by Partner and Head of Projects in the firm's Paris office, Stéphane Gasne, and Senior Associate Sonal Shah. They were supported by Gina Fogarty, Cyrielle Barbier and Alexandra Christensen (Projects), Michael Duffy and Kirsty McLean (Finance), Graeme Stapleton (M&A) and Robert Eriksson (Competition).

The assets will be held in a joint venture vehicle, which will be named Intertoll Capital Partners. JSE-listed Group Five, Intertoll Europe’s parent company, will continue to hold 50.01% of the portfolio.

Stéphane Gasne commented: "We are very pleased to have advised Aberdeen on this portfolio and arrangement that will allow both parties to invest in road projects. This deal is a great example of secondary market partnering as a platform for future infrastructure investments."

Latest press releases

Show me all press releases

Pinsent Masons successfully represents Axis Limited in major DIFC dispute

Multinational law firm Pinsent Masons has successfully represented Axis Limited and one of their employees, Mr Ahria Esphandiar Roushanbakhti, in a significant non compete injunction dispute before the Dubai International Financial Centre (DIFC) Court of First Instance.

Pinsent Masons advises Huel on landmark deal with Danone

Multinational law firm Pinsent Masons has advised long standing client Huel on its landmark transaction with multinational food and beverage group, Danone. The firm advised founder, Julian Hearn, Highland Europe, Huel’s lead institutional investor, and the senior management team on the sale and the continuing leadership team on its reinvestment.

Pinsent Masons advises Merry Hill owners on sale to Redical

Multinational law firm Pinsent Masons has advised the Directors, Miles Dunnett and Russell Downs, on the sale of the 1.5 million square foot Merry Hill shopping centre.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons successfully represents Axis Limited in major DIFC dispute

Multinational law firm Pinsent Masons has successfully represented Axis Limited and one of their employees, Mr Ahria Esphandiar Roushanbakhti, in a significant non compete injunction dispute before the Dubai International Financial Centre (DIFC) Court of First Instance.

Pinsent Masons advises Huel on landmark deal with Danone

Multinational law firm Pinsent Masons has advised long standing client Huel on its landmark transaction with multinational food and beverage group, Danone. The firm advised founder, Julian Hearn, Highland Europe, Huel’s lead institutional investor, and the senior management team on the sale and the continuing leadership team on its reinvestment.

Pinsent Masons advises Merry Hill owners on sale to Redical

Multinational law firm Pinsent Masons has advised the Directors, Miles Dunnett and Russell Downs, on the sale of the 1.5 million square foot Merry Hill shopping centre.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.