Plans have been finalised for UK top 20 law firm Clyde & Co to acquire parts of construction boutique Shadbolt. The partial tie-up will see eight partners from the latter join Clyde & Co, which will take over Shadbolt's London-based construction and infrastructure projects and disputes groups in addition to its UK corporate practice and Paris office.
Clydes has also confirmed that it will maintain Shadbolt's Tanzanian joint venture and build on its associate office in Romania. It says the development will give it a contractual side to its existing construction practice - currently focused on development - while Shadbolt gains access to Clydes' network of offices in the Middle East, Asia, the Americas, Europe and Russia.
Merger discussions between the two companies began last summer following Shadbolt's review of its business and subsequent conclusion that it needed a greater international reach. The firm reported turnover of £12 million in 2009.
"The purpose of this move is to strengthen the range and depth of services that we are able to provide to the international construction and infrastructure industry, in particular adding further critical mass to our dispute resolution expertise in London and Paris and expanding our overall projects and corporate capability," commented Clyde & Co's head of construction, John Morris. 
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