Clifford Chance advises Equistone on the sale of BUKO

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.