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Eversheds Sutherland advised engineering giant Rolls-Royce on the sale of its commercial marine business to Kongsberg Gruppen ASA

  • Russia
  • Europe

    03-04-2019

    We provided full transaction support to Rolls-Royce for the Russian segment of the sale of its Marine Business by Kongsberg Gruppen ASA. We helped our client gather documentation required for the transaction in Russia, drafted local share purchase agreements and other transactional documents, and advised on various other issues related to the Russian segment of this international acquisition.

    The team was led by our partner Mikhail Timonov Ph.D. and supported by senior associate Ivan Kaisarov.

    Rolls-Royce is one of the world’s leading industrial technology companies. The sale of its Nordic-based maritime business, which has operations in over 30 countries and boasts one of the world’s most extensive maritime product and technology portfolios, involved an intricate separation which was completed in April 2019. This deal is a step forward for Rolls-Royce’s strategy to simplify its group structure and focus on aerospace, defense and power.

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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