The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
LEEDS-based Walker Morris carried off the biggest deal handled by a law firm outside the City when it advised paints group Kalon in the £530 million purchase of Euridep.
The transaction is the biggest of four in which Walker Morris guided several Yorkshire companies which bought and sold businesses worth nearly £570 million.
Managing partner Peter Smart says the trade illustrates the importance of having big clients outside the capital. "Most of our corporate clients are northern-based with just one or two exceptions."
Walker Morris negotiated on behalf of Kalon - based at Birstall, near Dewsbury - when it bought Euridep from the French oil conglomerate Total last month.
A team of 13 lawyers from the firm's corporate department tied up the deal with the seller's representatives Freshfields, at the Paris offices of Slaughter and May. Smart says: "It is an interesting and unusual deal because we have got Kalon acquiring something three times its own size."
Walker Morris also acted for York-based travel company Superbreaks in the £25 million purchase of camping holiday company Eurocamp. Alsop Wilkinson acted for the buyers.
Walker Morris also represented Leeds-based Kunick when it bought the Relaxion leisure group for £10 million, and Roseby's of Rotherham, when it took on 90 Brentfords stores from Lonrho for a sum of £4 million.
Barnett Alexander Chart acted for Relaxion, while Nabarro Nathanson acted for Lonrho in the talks.