RPC advises Swedish industrial giant on acquisition of Scottish oil services company

Reynolds Porter Chamberlain (RPC), the commercial law firm, advised Atlas Copco, the Sweden-based international industrial company on their purchase of Dundee-based Kolfor Plant Ltd.

Kolfor is a specialty services company renting equipment to the oil and gas industries. The company has 36 employees and turnover of over £3.7m. The company rents generators, compressors, sub sea dredge and blast equipment, plus other equipment to meet the specific demands of its customers’ applications, often in demanding environments.

Atlas Copco is an international industrial group with its head office in Stockholm, Sweden. In 2003, the Group had revenues of approximately £3.4 billion and about 26,000 employees. The Group produces and markets compressed air equipment and generators, construction and mining equipment, electric and pneumatic tools, and assembly systems and offers related service and equipment rental.

Chris Newsholme, Partner, headed the RPC team. Thorntons WS acted as legal advisers to Kolfors and Burness in Edinburgh (Angela Trombala) provided Scottish property advice to Atlas Copco.

ENDS

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