Clydes and Shadbolt lay foundations for merger

Confirming the move Clydes chief executive Peter Hasson told The Lawyer: “We’re in talks with ­Shadbolt.”

The Clydes partnership was informed of the talks last week (18 November).

It is understood that Shadbolt’s management is aiming to merge with a ­larger firm to provide it with an international base that would better equip it to compete with international construction practices.

Meanwhile, Clydes is believed to be aiming to add some depth to its ­construction, projects and infrastructure practices.

If successful the tie-up would see the merged entity overtake Taylor Wessing and Bird & Bird to rank fourteenth in The Lawyer’s UK 200 with a combined turnover of £196m.