Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Majority
Construction Services
Cross Border
United Arab Emirates
Friendly
Public
construction and engineering
Completed
Synopsis
Thunderball Investments completed the acquisition of Lamprell, a provider of fabrication, engineering and contracting services, for £39m. Bidco will also make the Bridge Finance Facility available to the Lamprell Group on the terms and conditions summarised in paragraph 7 below. Subject to the satisfaction of certain customary conditions precedent, the Bridge Finance Facility shall be available in accordance with its terms following release of this announcement.
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