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Freshfields advises First Reserve on the acquisition of Weir Group PLC’s Flow Control division
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has acted as lead deal counsel and advised First Reserve on its £275mn purchase of Weir Group PLC’s Flow Control division, in a transaction which is expected to complete in Q2 2019, subject to regulatory approvals.First Reserve is a leading global private equity investment firm focused exclusively on energy.
Weir Flow Control provides highly engineered pumps, valves and other solutions used in downstream, midstream, utility and industrial sectors, as well as related aftermarket parts and services.
The Freshfields team is being led by partner James Scott and includes partners Omar Pringle who is advising on the US aspects of the transaction, David Brooks who is advising on commercial and separation arrangements and Peter Clements on tax matters.
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About Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on ground-breaking and business-critical mandates. Our 2,800 plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multi-national expertise and business know-how means our clients rely on us when it matters most.
