A sporting chance of success

Osborne Clarke acted for the management on its £65m buy out of Fairey Hydraulics from Fairley Arlon BV, advised by Ashurst Morris Crisp. Equity was provided by Candover, advised by Travers Smith Braithwaite, and debt finance was provided by the Bank of Scotland, represented by Lovell White Durrant.

Dibb Lupton Alsop acted for the management on its £19m buy out of the UK part of the Tomkins fastener business from Tomkins, advised by Slaughter and May.