Kentech’s Acquisition of Oil & Gas Business of SNC-Lavalin Group

White & Case LLP and Khaitan & Co advised Kentech Group on the deal, while Posse Herrera Ruiz and Norton Rose Fulbright advised SNC – Lavalin Group Inc. Brigard Urrutia advised White & Case in connection to Colombian Aspects of the deal.

Kentech Group, an investee company of leading energy investment firm Blue Water Energy, closed its agreement to acquire the oil & gas business of SNC-Lavalin Group Inc.’s Resources Division.

The acquisition, structured as an acquisition of both shares and assets, is a complex, multi-jurisdictional transaction, involving operations in over 20 jurisdictions. The combined group will have a global workforce of over 10,000 people with a sales pipeline of over US$7 billion and projected 2021 pro forma revenue of US$1 billion. The transaction is subject to regulatory and other customary approvals and is expected to close in the second quarter of 2021.

Kentech Group is a diversified electrical services provider with core capabilities that include the provision of multi-discipline. SNC-Lavalin Group Inc. is a Canadian company based in Montreal that provides engineering, procurement, and construction (EPC) services to various industries, including mining and metallurgy, oil and gas, environment and water, infrastructure, and clean power.

The White & Case team which advised Kentech on the transaction was led by partners Ian Bagshaw (Picture) and Richard Jones (both London) and Steven Worthington (Abu Dhabi) and included partners Lindsey Canning, Helen Levendi, Peita Menon and Marc Israel (all London), counsel Paul Harrington (London) and Habeeb Rahman (Abu Dhabi) and associates Adnan Bekdur and Philip Vavalidis (both Dubai), Elena Ruggiu, Kate Russell, Kate Kelliher, John Timmons, Tom Hickey and Michael Hekimian (all London), Sandra Jorgensen and Emily Holland (both Washington, DC) and Matthias Vangenechten (Brussels).

The Khaitan & Co team which advised Kentech included Rabindra Jhunjhunwala (Partner), Purti Minawala (Principal Associate), Kevin Shah (Senior Associate) and Mohit Rai (Associate).

Brigard Urrutia advised White & Case with Sergio Michelsen Jaramillo, Ángela García Páez and María Márquez Montoya.

Posse Herrera Ruiz acted as Colombian legal counsel to SNC – Lavalin Group Inc. with a team led by partners Jaime Herrera, Juan Guillermo Ruiz, supported by Christian Diaz Ordóñez and Daniel Meza.

Norton Rose Fulbright team in Montreal, Canada, advised SNC – Lavalin Group Inc. with a team including Nicolas Labrecque, Meghan Stewart, Alexandra Persaud, Christine Duguay, and Charles St-Pierre.

Involved fees earner: Ángela García Páez – Brigard & Urrutia; María Marquez Montoya – Brigard & Urrutia; Sergio Michelsen Jaramillo – Brigard & Urrutia; Rabindra Jhunjhunwala – Khaitan & Co.; Purti Minawala – Khaitan & Co.; Mohit Rai – Khaitan & Co.; Kevin Shah – Khaitan & Co.; Christine Duguay – Norton Rose Fulbright; Nicolas Labrecque – Norton Rose Fulbright; Alexandra Persaud – Norton Rose Fulbright; Charles St-Pierre – Norton Rose Fulbright; Meghan Stewart – Norton Rose Fulbright; Christian Diaz – Posse Herrera Ruiz; Jaime Herrera – Posse Herrera Ruiz; Daniel Meza – Posse Herrera Ruiz; Juan Guillermo Ruiz – Posse Herrera Ruiz; Ian Bagshaw – White & Case; Adnan Bekdur – White & Case; Lindsey Canning – White & Case; Paul Harrington – White & Case; Tom Hickey – White & Case; Emily Holland – White & Case; Marc Israel – White & Case; Richard Jones – White & Case; Sandra Jorgensen – White & Case; Kate Kelliher – White & Case; Helen Levendi – White & Case; Peita Menon – White & Case; Habeeb Rahman – White & Case; Elena Ruggiu – White & Case; Kate Russell – White & Case; John Timmons – White & Case; Matthias Vangenechten – White & Case; Philip Vavalidis – White & Case; Steven Worthington – White & Case;

Law Firms: Brigard & Urrutia; Khaitan & Co.; Norton Rose Fulbright; Posse Herrera Ruiz; White & Case;

Clients: Kentech Group; SNC-Lavalin Group Inc; White & Case;

Author: Federica Tiefenthaler