LONDON – 31 July, 2015 – International law firm Greenberg Traurig, LLP advised London office client GKN plc (GKN) on its acquisition of Fokker Technologies Group B.V. (Fokker) from Arle Capital (Arle) for an enterprise value of €706 million (£499 million).
The deal was led by David Radford and John Nicholson of GKN’s in-house legal team. The external team was led by Paul Maher and Fiona Adams with support from Karoline Tauschke, Ifé Dorgu, Graham Iversen, Gary Bellingham, Cate Sharp, Aonghus Heatley, Amrik Bhella, and Christopher Ives in the firm’s London office; Martijn W.S. Hermus, Paul Westhoff, Rob van Eldik, Alex Westerman, and Eva Herdé in the Amsterdam office; and Hugo López Coll, Javier Betancourt Escobar, and Adriana Garcia-Cuellar in Greenberg Traurig’s Mexico City office.
GKN is a global engineering group that designs, manufactures, and services systems and components for the world’s manufacturers. GKN Aerospace, one of its four divisions, is a world leading global first tier supplier of airframe and engine structures, components, assemblies, and transparencies to a wide range of aircraft and engine prime contractors and other first tier suppliers.
Headquartered in the Netherlands, Fokker is a specialist tier one aerospace supplier in aerostructures, electrical wiring systems, landing gear and associated services, across commercial, military, and business jet end markets.
The acquisition of Fokker further enhances GKN’s position as a leading global supplier to the aerospace industry. The combination brings together two leading technology companies with broad product portfolios and established positions on major aircraft platforms.