International legal practice Osborne Clarke has advised QinetiQ on its sale of QinetiQ Space NV to Redwire for €32m
QinetiQ has sold QinetiQ Space NV, a Belgium-based commercial space business providing design and integration of critical space infrastructure and other instruments for end-to-end space missions, to Redwire, a leader in critical space infrastructure for the next generation space economy.
Dr Nigel Major, Group Director for Mergers and Acquisitions said: "We worked with the Osborne Clarke team from inception of this project, with the team providing an excellent service, navigating significant hurdles along the way to ultimately deliver against a tight deadline and support successful closure of a strategically important deal for us. They are technically strong, provide commercial solutions and perform with a teamwork driven ethic, which underpins the valued partnership we’ve had with the Osborne Clarke team for many years now."
Osborne Clarke's international team was led by Partner Damocles Merry with support from Senior Associate Rebecca Ewing, Associate Sara De Rinaldis and Paralegal Shauna Poole in the UK corporate team. Partner David Haex (OC Belgium corporate team), Senior Associate Tonya Aelbrecht (OC Belgium corporate team), Partner Mathew Oliver (tax), Associate Kirsty Poulton (tax), Marc Shrimpling (competition) and Senior Associate Lucy Paull (competition) also provided prominent assistance in delivering the transaction.
Osborne Clarke is a recognised industry leader in the aerospace sector providing a comprehensive service that provides critical legal support to companies at all levels in the supply-chain. The team has a detailed understanding of the issues facing businesses in the sector and they work in partnership with clients, across all legal service lines to deliver desired outcomes for clients.