The deal, which signed earlier this month (13 June), saw Freightliner’s owners — 3i, Electra Private Equity and Freightliner management — sell the company to Arcapita for around £200m.
Addleshaws advised the sellers, with
The mandate is the latest instruction for Addleshaws since it started advising Freightliner and its shareholders when it was sold following the privatisation of British Rail in 1996.
Macfarlanes corporate partner Ian Martin provided additional advice to Electra and 3i on their equity interests in Freightliner. The City firm has been advising the private equity houses since their original investment in Freightliner in 2005.
Meanwhile, Camerons advised Arcapita, fielding a team led by
Clifford Chance corporate partner Simon Williams advised the Royal Bank of
Currier said: “Given the state of the market, leverage and infrastructure deals are few and further between at the moment. It was a great deal to get away in the current market conditions and shows the quality of the underlying assets.”
