Global law firm Clifford Chance advises Equistone Partners Europe (“Equistone”) on the sale of BUKO Group (“BUKO”) to Groupe Bruxelles Lambert (“GBL”). BUKO is a leading European provider of low-speed temporary traffic management and road safety solutions, supporting mainly utility investments, construction projects and events.
GBL will invest €0.5 billion in equity to acquire a majority stake from funds advised by Equistone and the founding family. Management will re-invest alongside GBL. The closing of this transaction is subject to customary approvals.
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