Ashurst advises Lendlease on sale of UK construction business
14 January 2025
Global law firm Ashurst is advising Lendlease on the sale of its UK construction business to Atlas Holdings.
The sale is subject to conditions precedent including regulatory approvals, with completion targeted before the end of FY25.
Relationship Partner, Logan Mair, commented: "We were delighted to help long term client, Lendlease with this important strategic transaction. The combination of our leading corporate practice and construction sector expertise, together with the strength of our practices in both Europe and Australia, meant that we were ideally placed to advise Lendlease with this sale".
The Ashurst team was led by partners Aaron Shute and Logan Mair, assisted by corporate senior associates James Powell and Aimee Carroll-Hewitt, and associates Calum Thornton, Ben Hewett, Marisa Muramatsu and Rebecca Karpin.
Partner Chris Whitehouse advised on construction matters, partner Chris Bates and associate Tegan Keizer advised on commercial matters, partners Simon Bromwich, Madeleine Pope and Tom Duncan provided disputes advice, and partner Nicholas Gardner and senior associate Shayaan Zaraq Bari provided tax advice. Partner Steven Vaz and senior associate Danica Barley advised in relation to regulatory matters, and partner Ruth Buchanan, counsels John Gordon and John Papadakis, senior associate Liz Parkin and associate Ella Stokes provided employment, pensions and incentives advice.
