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 DCC Energy, a division of leading international sales, marketing and support services group DCC plc, on the acquisition of WIRSOL Roof Solutions (WIRSOL), a provider of photovoltaic (PV) and battery storage systems.
Multinational law firm Pinsent Masons has advised M Group Services, the leading provider of essential infrastructure services in the UK and Ireland, on its sale to private equity house CVC.
Multinational law firm Pinsent Masons’ partner Sylvia Tonova and senior associate Chloé De Jager have been appointed as Members of the ICC International Court of Arbitration, as representatives for Bulgaria and South Africa respectively. Both new appointments are for a three-year term set to commence on 1 July 2024.
Multinational law firm Pinsent Masons has advised DCC Energy, a division of leading international sales, marketing and support services group DCC plc, on the acquisition of WIRSOL Roof Solutions (WIRSOL), a provider of photovoltaic (PV) and battery storage systems.
Multinational law firm Pinsent Masons has advised M Group Services, the leading provider of essential infrastructure services in the UK and Ireland, on its sale to private equity house CVC.
Law firm Pinsent Masons MPillay has advised Swiss-based infrastructure investment manager SUSI Partners on its investment in Alba Renewables to build a renewable energy infrastructure business focused on The Philippines.
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