28 May 2015 | 04:30 pm |
International law firm Pinsent Masons has advised Auctus Industries on the $220m buyout of Shimtech Industries Ltd from Bridgepoint Development Capital in a transaction backed by Inflexion Private Equity.
Auctus is a vehicle established to consolidate niche Tier 2 and Tier 3 components suppliers in the aerospace sector with the aim of creating a global, diversified aerospace group. Its co-founders are Terry Twigger, former CEO of Meggitt Plc, Valerio Massimo di Roccasecca and Edward Spencer-Churchill.
Shimtech is the largest manufacturer of aerospace shims and laminated shim material in the world. It is also a leading supplier of high performance, lightweight composite structures and assemblies to the commercial and military aerospace markets. Shimtech is a UK headquartered company with manufacturing facilities in the US as well as in Europe.
Corporate partner Paul Amiss led the Pinsent Masons’ team, assisted by Hilary Griffiths, Tarun Patel and Ciaran Wilkinson, alongside a multidisciplinary team of other lawyers in the commercial, property and environmental teams.
Commenting on the deal Paul Amiss said:
"This transaction demonstrates our buy-out expertise in the advanced manufacturing sector, which is one of the core sectors we focus on as a Firm. We particularly enjoyed working for the dynamic founders of Auctus and working alongside Inflexion and their advisers to bring this transaction to a close. We look forward to working with Auctus again as it fulfils its aim of becoming a global, diversified aerospace group."
Pinsent Masons continues its expansion in Dublin office with Life Sciences and Technology Litigation hire
International law firm Pinsent Masons, has been recognised as one of the best multinational employers for LGBT+ staff in Stonewall's 2019 Top Global Employers index.
International law firm Pinsent Masons has appointed Lloyd Chater as a partner in its Johannesburg office.
International law firm Pinsent Masons has advised French oil giant Total on its sale of several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding. Petrogas has partnered with Norway-based private equity investor HitecVision.
Bell Food Group is divesting its German sausage products business and will in future focus in Germany on its strong position in the air-dried ham segment.
International law firm Pinsent Masons has advised Lamb Weston on its acquisition of Australian Frozen Potato Processor Ready Meals Pty Ltd.
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]