Norton Rose Fulbright advises Sandvik AB on €943 million acquisition of DSI Underground

Global law firm Norton Rose Fulbright has advised Sandvik AB on its €943 million acquisition of DSI Underground, a multinational underground mining solutions company, from Triton Partners.

DSI Underground provides ground support and reinforcement technology for underground mines and tunnels and is active in over 70 countries. The transaction is expected to close by mid-2021 and is subject to relevant regulatory approvals.

Chris Grieves, London-based corporate partner who led on the cross-border transaction, commented: 

“Working remotely across six continents and multiple time zones on this deal is a real testament to the strength of our global network and collaboration across the firm. We are delighted to have advised Sandvik on this acquisition.”

The London team was led by Chris Grieves, with assistance from senior associate Sam Morrey and associates Victoria Morris and Florence Childs. Ian Giles in London led on competition matters. Outside of London, partners involved in the deal were Mara Rogers in New York, Hernán González in Mexico City, Troy Ungerman in Toronto, Justin Wilson in Shanghai, Frank Henkel in Munich, Torsten Sauer in Luxembourg, Piotr Strawa in Warsaw, Julian Traill in Moscow, Keira Brennan in Brisbane and Nick McHugh and Shamim Razavi in Sydney and consultant Georg Kahle and director Amber Kardamilakis in Johannesburg.