Trowers & Hamlins

Trowers & Hamlins have advised ThyssenKrupp Services on its multi-million pound acquisition of Apollo Metals Group to form ThyssenKrupp Aerospace.

Dusseldorf based ThyssenKrupp Services AG is expanding its aerospace materials services activities by acquiring a 100% stake in the UK based Apollo Metals Group, which includes Aviation Metals, for an undisclosed amount from Murray International Holdings.  Apollo provides high-grade products such as aluminium, stainless steel and non ferrous metals with value adding processing services predominantly for aerospace manufacturers and their supply chains. The acquisition is subject to approval of competition authorities. 

The acquisition will combine Apollo's largely European and Far Eastern businesses with ThyssenKrupp Services' largely USA based operations to form a global enterprise with 30 locations in 13 countries and a turnover in excess of $700m.

Trowers & Hamlins' team was led by London based corporate partners Amir Hashemi and James Johnson.  Amir has, for several years, worked with ThyssenKrupp and said of the deal: "This has been a very exciting deal for us; we enjoy working with the team at ThyssenKrupp and are proud of our long association with them".

ENDS

Editor's Notes

Trowers & Hamlins is an international and City law firm with 106 partners and over 650 staff.  They have offices across the UK and the Middle East.
ThyssenKrupp Services AG is one of the five business segments of the ThyssenKrupp Group providing materials and industrial services from over 600 sites in 30 countries and is among the world's leading providers of services for industrial customers.  ThyssenKrupp Services employs about 43,000 people and accounts for €17 billion of global group sales. The ThyssenKrupp Group has annual sales of approx €52 billion and employs 191,000 employees in over 70 countries worldwide.