Ashurst is advising Rothschild in relation to the £46 million recommended cash takeover of Stadium Group plc by TT Electronics plc.

Stadium is a leading supplier of wireless connectivity solutions, power products, human machine interface (HMI) solutions and electronics assemblies with design, manufacturing and fulfilment operations in the UK, Sweden, the USA and Asia. TT is a global provider of engineered electronics for performance critical applications and it believes that a combination with Stadium will enhance TT's strong portfolio of products and capabilities, strengthening the position of the enlarged business in attractive sectors, particularly in relation to power electronics and connectivity products.

Rothschild is acting as financial adviser to TT Electronics in relation to the transition.

The Ashurst team is being led by corporate partner Tom Mercer, assisted by Nina Chudobova.