White & Case advises Sidara Limited on acquisition of John Wood Group PLC

Global law firm White & Case LLP has advised Dar Al-Handasah Consultants Shair and Partners Holdings Ltd., (Sidara), in relation to its offer to acquire Scottish public limited company, John Wood Group PLC, a global engineering business listed on the London Stock Exchange on its recommended cash acquisition.

Sidara is one of the leading privately held planning, design, engineering and project management groups globally.

The Acquisition includes the Wood Group undertaking an amendment and extension of its existing debt facilities, entering into new money facilities and a capital injection by Sidara of US$450 million, to provide additional and enhanced liquidity to the business. 

White & Case Debt Finance partner, Claire Matheson Kirton, commented: "We are delighted to have supported our long standing client, Sidara, to reach this milestone in their acquisition of Wood Group. The successful delivery of this complex and unique transaction for Sidara highlights our firm's global reach and ability to seamlessly coordinate across multiple jurisdictions and practice areas, demonstrating our expertise. It was a true testament to the depth, breadth and cross-collaboration of our firm."

The cross-practice and cross-border White & Case team which advised on the transaction, was led by partner Claire Matheson Kirton (London/Dubai) with support from partners Sonica Tolani, Martin Forbes, Ben Davies and Will Lund (all London), and associates Liz Harris, Bernardo Zang, Alec Young, Dhruv Bhatia, Scott Goldner, Ali Obeid, Ross Power, Harry Cross, Mina Nazim and Will McGarrigan (London); and Mikaela Nikolausson Toumia, Marion Genova, and Alexandra Wingrove (Dubai).

Press contact
For more information please speak to your local media contact.