Lewis Silkin advises SCUTUM Group on merger with Orion Security Solutions
11 December 2015
Lewis Silkin has advised SCUTUM Group, the France-based safety and security solutions company, on its merger with Oxford-based electronic security and fire safety specialists, Orion Security Solutions.
Lewis Silkin has advised SCUTUM Group, the France-based safety and security solutions company, on its merger with Oxford-based electronic security and fire safety specialists, Orion Security Solutions.
The transaction establishes SCUTUM Group’s business presence in the UK and continues to demonstrate its commitment to Europe. Scutum Group was already established in France, Switzerland, Germany and Belgium and had a turnover in excess of €125 million in 2015. It operates in four main sectors: urban infrastructures, defense, business security and personal security. This first UK transaction will reinforce the Group’s ability to guide its clients in Europe. Orion Security Solutions, which develops comprehensive technologies and solutions in video surveillance, intelligent video, burglar alarms, access control and fire detection, has 80 employees and €15 million in revenue.
For the transaction, the cross-departmental Lewis Silkin team was led by corporate partner & Head of the French Desk Marie-Caroline Frochot supported by corporate tax partner Matthew Rowbotham, corporate associate Jia Xie, real estate associate Hannah Vosper, employment associate Lee Nair, IP & technology associate Sarah Lampard and French desk team member Béryl Dupré de Pouget.
The deal adds to the growing number of transactions completed by Lewis Silkin’s dedicated French desk so far this year.
Marie-Caroline says:
“We are very pleased to have supported SCUTUM Group on this key merger as part of their development across Europe. This transaction further highlights how Lewis Silkin’s dedicated French Desk provides expert support to French clients when establishing a business presence in the UK”.
Franck Namy, Président of Scutum Group says:
“We chose the French Desk of Lewis Silkin for its specific expertise. Throughout Marie-Caroline and her team provided the advice we needed on the specificities of English transactions and English law to assist our Group in this important strategic step in the context of our growth in Europe."
For further information please contact:
Chris Yates
Business Development Executive, Lewis Silkin
Tel: 020 7074 8388
Email: chris.yates@lewissilkin.com
Scott Addison, Anna Younger or Tal Donahue
Infinite Spada
Tel: 020 7269 1430
Email: lewissilkin@infinitespada.com