Firm News

Mishcon de Reya advises MacLellan Group Plc on its circa £120m recommended acquisition by Interserve Plc

Release Date: 09 May 2006
Law Firm: Mishcon de Reya
Client Name:

MacLellan Group Plc

Description of Deal:

Recommended acquisition of MacLellan Group Plc by Interserve Plc by means of a scheme of arrangement

Value of Deal : Circa £120 Million
Deal Completion Date: TBC
Firm's Key Personnel:

Corporate Partner, Jonathan Berman
Corporate Senior Assistant, Stuart McMaster

Other Parties:

Investec Bank (UK) acting for MacLellan Group Plc
Wragge & Co acting for Interserve Plc
JP Morgan Cazenove acting for Interserve Plc

Mishcon de Reya is pleased to announce that it is advising MacLellan Group plc (one of the UK's leading facilities providers) on its proposed circa £120 million recommended acquisition by Interserve Plc.

The acquisition, by means of a scheme arrangement, will bring together MacLellan's broad private sector customer base with Interserve's complementary expertise and client exposure. A rule 2.5 announcement of the recommended acquisition was released on 2 May 2006.

Corporate Partner, Jonathan Berman is leading the Mishcon team, assisted by Corporate Senior Assistant, Stuart McMaster.

Wragge & Co and JP Morgan Cazenove are acting for Interserve Plc and Investec Bank (UK) is acting for MacLellan Group.

MacLellan Group Plc is a longstanding client of the Firm and the Firm is pleased to have been chosen to represent the company in relation to this key transaction.

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