Fox Williams is delighted to advise that it acted for AIM listed Aukett Fitzroy Robinson Group Plc (“AFR”), the international group of architects and interior designers, on the acquisition of the entire issued share capital of Swanke Hayden Connell Europe Limited (“SHCE”), a major firm of architects and interior designers with offices in London, Moscow, Istanbul and Sheffield. The transaction completed on 18 December 2013.
AFR is an international practice of architects and interior design specialists which designs and delivers commercial projects throughout Europe, the Middle East, Russia and South Africa. SHCE has around 95 staff in its European operations, which together with AFR’s existing international network, will create an enlarged workforce in excess of 340 staff in eight countries. The impact of the addition of SHCE to AFR’s existing business is expected to significantly improve its position in both the London and Moscow market places.
Nick Sayers (Corporate Partner) led the Fox Williams team, assisted on corporate matters by Nick McCarthy (Senior Associate) and Andrew McGlashan (Associate) and on tax matters by Jaspal Pachu (Associate). Freeth Cartwright LLP acted for the shareholders of SHCE.