Slaughter and May is advising CRH plc on the sale of its European distribution business to private equity funds managed by Blackstone16 Jul 2019
Slaughter and May is advising FTSE-100 client CRH plc on the sale of its European distribution business to private equity funds managed by Blackstone. The business supplies building materials to professional builders, specialist contractors and DIY customers through a network of local and regional brands across six countries in Western Europe. The deal, which is subject to regulatory approval, values the business at €1.64 billion, including net debt.
Slaughter and May worked alongside CRH’s general counsel, Chris Roberts, and deputy general counsel, Damianos Vainas.
Corporate: Jeff Twentyman (partner), Murray Cox (partner), Paul Thorpe (associate), Dennis Mok (associate), Willem Bijveld (visiting lawyer), Emily Hunter (associate), Katie Whiteman (associate), Gabriel Lim (trainee), Rachel Rourke (trainee), Sophie Winton (trainee) and Robert Longman (trainee); Competition: Claire Jeffs (partner), Stephen Heagney (associate); Pensions: Chris Sharpe (associate); Tax: Sara Luder (partner), Edward Creamer (associate)
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