Jameson Legal

 

Resource

 

 

 

 

 

 

 

 

 

 

 

Chester office assists in University acquisition

02 Apr 2013

Hill Dickinson has acted for the University of Chester which is acquiring The Shell Technology Centre in Thornton near Ellesmere Port.

The acquisition will see this world-class centre of excellence remain at the forefront of scientific research and development thus championing investment in the North West.

Commenting on the deal Brent Williams said; “This represents a significant development for Chester and further positions the City as being at the forefront of research and academic excellence. Hill Dickinson is delighted to have been involved in advising the University on this prestigious acquisition.”

Professor Tim Wheeler, the University’s Vice-Chancellor, said; “The University of Chester has long been synonymous with ensuring that Cheshire West and Chester is ‘open for business,’ and our commitment at Thornton could bring up to 2,000 jobs to Ellesmere Port over the next five years, together with perpetuating Shell’s distinguished reputation.

"Thornton, with 1,100,000 square feet of space in 48 buildings, is the most substantial acquisition in the University’s history, as the institution enters its 175th year and the next phase in its evolution, which should see it sitting more prominently on the international stage – and taking Cheshire West and Chester with it.”

http://www.hilldickinson.com/news/news_articles-1/chester_office_assist…

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Education & Training
News Category
Real Estate & Construction
M&A