Shoosmiths advises KBC Advanced Technologies on £11.2m acquisition

Shoosmiths has acted for KBC Advanced Technologies in a multi-million-pound acquisition. KBC has purchased FEESA, a UK-based provider of specialised software and services to the upstream oil and gas industry, for a value of £11.2m — a figure that includes one million KBC shares.

Application will be made for the shares to be admitted to trading on AIM, with admission of the shares expected to occur on 28 July 2014.

KBC’s strategic acquisition will allow the group to span the entire hydrocarbon value chain with technical and business transformation consulting underpinned by deep software intellectual property.

  • Print

Briefings from Shoosmiths

View more briefings from Shoosmiths

Analysis from The Lawyer

  • Hester: declined bonus worth almost £1m

    Pay checks

    Compliance and corporate governance codes for large financial institutions will undoubtedly include provisions to regulate high pay in the future

  • high street 150

    Focus: Alternative business structures - Law and new order

    There’s more to the ABS model than attracting the man in the street and procuring external investment. Partners at the big corporate firms, take note…


2 Colmore Square
38 Colmore Circus Queensway
B4 6BJ

Turnover (£m): 87.00
No. of Lawyers: 373