Ashurst is advising Citigroup in relation to the £221.5 million recommended takeover of Brammer plc by AI Robin Limited, a wholly-owned subsidiary of funds managed by Advent International Corporation.

Advent International is a global private equity investor. The firm has invested in more than 315 private equity transactions in 40 countries. As of 30 June 2016, it had US$40 billion in assets under management.

Citigroup is acting as financial adviser to AI Robin Limited in relation to the offer.

The Ashurst team is being led by corporate partner Karen Davies, assisted by associate Claire Broom and solicitor Nick Lever.