Global law firm White & Case LLP has advised DP World on its US$1.2 billion acquisition of syncreon.
"We have advised DP World, an important client that White & Case has advised for a number of years, on a landmark deal and a major M&A transaction in the US," said White & Case partner Marcus Booth, who co-led the Firm's deal team. "The acquisition of syncreon adds significant strategic value to DP World given its strong logistics solutions capability."
DP World is a leading provider of worldwide smart end-to-end supply chain logistics which enable the flow of trade across the globe. It delivers these services through an interconnected global network of 148 business units in 60 countries across six continents with a significant presence in both high growth and mature markets, and employs nearly 55,000 people.
syncreon is a US-based logistics provider with a global presence through 91 sites in 19 countries and revenue of US$1.1 billion. The company specialises in the design and operation of supply chain solutions for the high growth automotive and technology verticals, with 57 percent of its revenue generated in EMEA (predominantly Europe) and 42 percent in North America.
The White & Case team which advised on the transaction included partners Marcus Booth, Ivan Paskal, Abdulwahid Alulama (all Dubai), Steve Worthington (Abu Dhabi), John Reiss (New York), Andrew Kreisberg (Los Angeles), George Paul, Farhad Jalinous, Karalyn Mildorf (all Washington, DC), Nicholas Greenacre, Victoria Landsbert, Will Smith, Lindsey Canning, Tim Hickman (all London) and Katarzyna Czapracka (Brussels), local partners William Watson (Dubai) and Shannon Neill (Johannesburg), counsel Tamer Nagy (Washington, DC & Cairo), and associates Fraser Galloway, Roger Gaspard, Andrea Petersen, James Ateh, Chris Thorn, Brenda Migwalla (all Dubai), Aleksandra Stadnik, Hugh Brunjes (both Abu Dhabi), Matt Hendy, Nasir Tak, Ilan Har-El, Mitchell Li, Alicia Pumpian, Michael Kucharski (all New York), Francesca MacSwiney, Wiesia Wagstyl, Lily Teh, Alexis Nicholas, Joe Devine (all London), Fanny Abouzeid (Brussels) and Stephen Carlton (Melbourne).
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