Bedell Cristin worked together with leading global law firm, Paul Hastings LLP advising Jacobs Engineering Group on its purchase of Wood Group's nuclear business for £250 million. Formal closing is subject to the satisfaction of the usual conditions and regulatory approvals.
Jacobs Engineering Group is a leading design, engineering, construction and technical services business. Wood Group's nuclear business designs, delivers and maintains strategic and complex nuclear assets for customers across global energy markets.
The Bedell Cristin team provided Jersey law advice in relation to the acquisition. Jersey based partner Alasdair Hunter led the team with assistance from senior associate, Antony Clerehugh.