Clyde & Co absorbs Turner & Co

The London-based firm's two partners – Paul Turner and Roger Spencer – will join Clyde & Co as equity partners in an enlarged commodities group with all their staff.

Turner & Co, set up by Turner and Spencer 15 years ago, is particularly prominent in the soft commodities sector, acting for international trading houses, especially those trading in sugar.

Clyde & Co commodities partner, John Whittaker describes the merger as "a significant step