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Diversified Industrials quarterly update

Diversified Industrials quarterly update
  • United Kingdom
  • Brexit
  • Diversified industrials


News bulletin               

An agile approach – The flexible solution for outsourcing contracts

In our recent research into the future of outsourcing which was published by the National Outsourcing Association in 2016, one of the key findings was that many companies are looking for flexibility in their outsourcing contracts. This is because the needs of many businesses are changing quickly as new technologies open up new ways of conducting business.
Click here to read more or download your copy

Examining the issues across Europe - A country-by-country guide to commercial agents
Many businesses remain unaware of the extent of the protection afforded to “commercial agents” by European legislation. There are many examples of businesses – particularly multinationals – finding themselves liable to pay significant sums to their agents even when, on the face of it, the business has acted entirely in accordance with the agency contract. This guide will explain why that is the case and how the protection afforded to agents varies across Europe.
Click here to read more or download your copy

Brexit roundup  

Visit our Brexit hub

Brexit: Implications for global shipping and sea trade
UK trade will clearly be impacted by the Brexit vote. We saw an immediate effect on currency and share prices, although there are signs that the market is settling down after the initial post-vote furore. In terms of longer term impact, there are some matters which are already tolerably clear, for example that any changes to the cost of trade with the EU are likely to affect freight volumes at British ports.
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Brexit: The impact on automotive
In recent years, the UK has benefited from a resurgent automotive industry, both in relation to traditional British luxury brands along with very high levels of investment by a number of global manufacturers of volume vehicles. Despite the Brexit vote, the UK will retain many of the advantages which have attracted the automotive industry to the UK. However, leaving the EU creates some significant and unwelcome challenges for the automotive industry in the UK.
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The potential impact of Brexit on intellectual property within the UK
Intellectual property rights in the UK are intertwined with EU legislation and case law. Although immediate substantial legal change is unlikely, the vote to leave the EU will undeniably have a major impact on this area of law. In this article we have set out some of the key issues to consider.
Read the full article here

What does Brexit mean for Arbitration
Following the Bexit vote, negotiating a supply contract or distribution agreement involving a European party has become more problematic in terms of the resolution of any disputes. With certainty of enforcement of awards already in place, arbitration is a more compelling proposition. In this article we explain why.
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What does Brexit mean for jurisdiction clauses
Questions about the application in the UK of the current jurisdiction rules of the European Union are in sharp focus after the Brexit vote. Once outside of the Union, new arrangements will need to be adopted in the UK on which businesses can rely.  Our briefing explains why exclusive jurisdiction clauses in favour of English courts are the best bet for now. 
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Press releases

We advise Steelite International on its sale to US private equity house 
Eversheds has advised Steelite International, the £100m-turnover ceramics manufacturer, on the sale of the company to US Private equity house, PNC Riverarch. The acquisition by PNC Riverarch, the private equity arm of the PNC Financial Services Group, provides an exit for chief executive Kevin Oakes. John Miles has now been appointed Steelite chief executive.
Read the full press release here

We advise Parker Hannifin in the acquisition of Jäger Automobil-Technik and Jäger Automotive Polska
With the acquisition on July 1st, 2016, the companies will be integrated into Parker's Prädifa Technology Division, part of the Parker Engineered Materials Group. The acquisition strengthens the company’s successful positioning in the automotive end market and enables better service to Jäger’s global OEM clients as a result of Parker’s international network. With annual sales of approximately 13 billion USD in the fiscal year 2015, Parker Hannifin is the global leader in the motion and control technology industry.
Read the full press release here

Diversified Industrials annual conference

Leading industry speakers will host discussions on some of the key challenges facing manufacturing industries right now and we will examine several of the big picture issues which will affect your business. A key theme will be the impact of digitalisation on industry and Brexit. An opportunity to discuss hot topics and network with your peers.

Wednesday 30 November 2016, London
Click here to save the date in your diary

For more information on the DI conference, please contact:

Tanya Gilston
DI Client Communications Executive
0113 200 4622