International Corporate Reorganizations

We advise on complex spin-offs and carve-outs, helping clients separate business divisions, establish standalone groups and prepare for sale or listing across multiple jurisdictions.

• Edwards Lifesciences on the US$4.2bn sale of its Critical Care product group to Becton, Dickinson and Company
• Automotive safety supplier Veoneer on the separation of two business segments in preparation for a public listing.
• Global education provider on the multi-jurisdictional separation and sale of its non-US business.
• Engineered solutions provider on a pre-divestiture carve-out across seven European and Middle Eastern jurisdictions.
• Major energy company on the sale of its UK and German energy retail business.
• National Grid on the separation and £13.8bn sale of its UK gas distribution business (Cadent Gas).
• Autoliv on the multi-jurisdictional carve-out of its airbag business across Europe, the US and Asia.

Our team streamlines corporate structures, consolidating entities and reducing administrative costs while ensuring compliance in each jurisdiction and optimizing go-forward business models.

• Advised Tenneco, a leading automotive products manufacturer, on rationalization and simplification projects, including its global reorganization linked to Apollo Global Management and American Industrial Partners’ strategic investment in its Clean Air and Powertrain businesses.
• Diversified industrials solutions provider on the cross-border merger of its French and Dutch entities.
• Fashion retail brand on the simplification and consolidation of its European entity structure.
• Chemicals company on the consolidation of its Italian entities post-acquisition.
• Major energy company on the simplification of its UK and German corporate structure.

We support clients in designing and implementing tax-efficient strategies for dividend repatriations, intra-group financing and treasury optimization.

• Dairy and ice cream producer on the refinancing of its loan portfolio across eight jurisdictions and creation of a Latvian treasury center.
• Chemicals producer on a global dividend repatriation program across Asia and Europe.
• Multinational telecommunications group on intra-group reorganizations to optimize cash repatriations and financing.
• A global pharmaceutical business on the unwind of an existing global finance structure and subsequent international distributions.

We advise on the creation, relocation and redomiciling of corporate headquarters and holding companies, ensuring efficient, compliant and future-proof group structures.

• Pharmaceutical company on a European reorganization across 18 jurisdictions and creation of a new UK holding company.
• American multinational engineering firm on the creation of a new Irish holding company and global intra-group transfers.
• Korean diversified industrials company on the relocation of its European headquarters to the Czech Republic.

We have extensive experience managing cross-border mergers and redomiciliations, helping clients navigate regulatory hurdles and align operations globally.

• Consumer credit provider on a cross-border merger across Latvia, Lithuania, Estonia and Finland.
• Healthcare and life sciences company on a cross-border merger under the Irish Companies Act 2014.
• Agrochemical company on the migration of a Dutch entity to Luxembourg and merger into a Swiss holding company.
• Aspen Pharma on the first EU cross-border merger sanctioned by the Irish courts.

We deliver large-scale post-acquisition integrations, aligning assets, people and entities into unified structures that support long-term growth.

• Construction and engineering group on the multi-jurisdictional integration of its energy business.
• Paper and packaging manufacturer on the integration of its European operations following a US$2.3bn acquisition.
• Global food and beverage company on the integration of its European business post-acquisition.
• US aerospace and defense manufacturer on the integration of a multi-billion dollar aircraft supply business.
• G4S on its global corporate restructuring and £670m sale of its cash handling businesses to Brink’s.

We restructure supply chain and operational models to enhance efficiency, reduce risk and align with new trade or regulatory requirements. We have helped clients implement limited risk distribution models and other operational models to manage supply chain risk.

• Online retail company on the reorganization of its Romanian, Polish and Italian operations.
• Home improvement retailer on the Romanian carve-out and outsourcing of business lines.
• Commercial real estate information company on the expansion of its global business operations.
• Natural resources group on the transfer of UK onshore and shale gas assets in exchange for shares.

We help clients structure and implement joint ventures, aligning contributions, governance and operational frameworks across jurisdictions.

• Advised SNC-Lavalin on the formation of Linxon, its joint venture with ABB to deliver turnkey electrical substation projects worldwide. 
• Pharmaceutical company on the spin-off of its oncology manufacturing business into a new JV.
• Diversified industrials manufacturer on the global reorganization of its automated transmission business into a Swiss JV.
• Global pest control business on the Swedish reorganization to form a new €11bn JV.
• Global pest control leader on the creation of a €11bn joint venture following multi-jurisdictional carve-outs.
• Advised on the formation of a 10-year joint venture between Kier, Homes England and Cross Keys Homes to deliver up to 5,400 new homes across England.