Kongsberg Maritime £500 million acquisition of Rolls-Royce Commercial Marine

6/7/2018

Asset acquisition

Value:

£ 500 million

Dollar value:

$ 667 million

Status:

Announced

Date:

6/7/2018

Overview:

Rolls-Royce is selling its commercial marine business consequent to the lower oil prices and as part of the firm's reshaping strategy.
The seller's aim is to mainly focus on engines and nuclear power stations.

Mihail Georgiev - Data analyst

Jurisdictions:

Finland
Norway
United Kingdom

Deal type:

Asset acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Industrials and manufacturing

Firms:

Eversheds Sutherland

Party: Rolls-Royce Group (Seller)

Lawyers: Amanda Partland, Robin Johnson

Linklaters

Party: Kongsberg (Acquirer)

Thommessen

Party: Kongsberg (Acquirer)

Lawyers: Anders Arnkværn, Halvor Mansåker, Hans Cappelen Arnesen, Lars Eirik Gåseide Røsås

Wiersholm

Party: Rolls-Royce Group (Seller)

Lawyer: Sverre Sandvik

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