CI firms advise in SNC-Lavalin £1.2bn takeover of Kentz

Posted: 03/09/2014

Offshore law firm Mourant Ozannes has advised SNC-Lavalin Group on its takeover of FTSE 250 company Kentz Corporation, providing Jersey law advice on all aspects of the transaction.

Meanwhile, Ogier acted as Jersey legal advisers to Kentz on the acquisition.

The takeover, which was implemented by way of a Jersey court sanctioned scheme of arrangement, valued Kentz at approximately £1.2bn. 

SNC-Lavalin is an engineering and construction group, and is involved in the ownership of infrastructure, providing EPC and EPCM services to clients in a variety of industry sectors, and combining these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. The company is headquartered in Montreal, Canada and is publicly listed on the Toronto Stock Exchange.

Kentz is a global engineering specialist solutions provider, providing engineering, construction and technical support services to clients in the energy and resources sectors for more than 90 years. The company is incorporated in Jersey and was listed on the London Stock Exchange until the completion of its acquisition by SNC-Lavalin.

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