Pinsent Masons advises Auctus industries on a $220 million buyout of Shimtech Industries Ltd

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."

Latest press releases

Show me all press releases

Pinsent Masons builds out its Luxembourg office with the hire of funds specialist Dr Jan Saalfrank LLM

Pinsent Masons builds out its Luxembourg office with the hire of funds specialist Dr Jan Saalfrank LLM

Pinsent Masons advises SUSI Partners on the launch of its Southeast Asian Renewables platform

Multinationallaw firm Pinsent Masons has advised SUSI Partners and its Asia EnergyTransition Fund on the launch of a renewable energy platform to developlarge-scale renewable assets across Southeast Asia.

Pinsent Masons hires corporate partner in Melbourne

Multinational law firm Pinsent Masons has strengthened its corporate team in Australia with the recruitment of partner Andrew Fisken.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons hires corporate partner in Melbourne

Multinational law firm Pinsent Masons has strengthened its corporate team in Australia with the recruitment of partner Andrew Fisken.

Pinsent Masons advises Alveo on its sale to Symphony Technology Group

Pinsent Masons has advised the shareholders of Alveo, including funds managed by Sovereign Capital Partners (SCP), on its sale to Symphony Technology Group (STG).

Pinsent Masons advises Statkraft on landmark partnership with Copenhagen Infrastructure Partners 

Multinational law firm Pinsent Masons has advised Statkraft on the sale of a 50% stake in their Irish offshore wind portfolio to Copenhagen Infrastructure Partners’ fund, Copenhagen Infrastructure IV K/S, as part of its plans to develop up to 2.2 gigawatts of offshore wind in Ireland.

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.