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New Deal


Announced

Completed

Thunderball Investments completed the acquisition of Lamprell for £39m.

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Majority

Construction Services

Cross Border

United Arab Emirates

Friendly

Public

construction and engineering

Completed

Synopsis

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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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