Slaughter and May is advising ARCADIS N.V (ARCADIS) on a recommended cash offer for the acquisition of Hyder Consulting PLC (Hyder) which values Hyder at approximately £256.2 million. ARCADIS UK Investment B.V. (AUK Investments), a wholly owned subsidiary of ARCADIS, will acquire the entire issued and to be issued ordinary share capital of Hyder.

Slaughter and May is also advising ARCADIS on the acquisition facility for this transaction. AUK Investments will fund the deal via a new acquisition financing facility provided by HSBC, ING Bank NV and BNP Paribas Fortis SA/NV. The transaction, which was announced on 31 July 2014, is to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 and is expected to complete in the second half of 2014.

Slaughter and May is working as a team with De Brauw Blackstone Westbroek (advising on Dutch corporate aspects) and Loyens & Loeff (advising on financing aspects).