Slaughter and May is advising Rolls-Royce on the establishment of a long-term 50:50 joint venture with Hispano-Suiza, a member of the Safran group.

The joint venture will utilise the complementary resources and expertise of its two parent companies to develop world-leading accessory drive train transmission systems for Rolls-Royce civil aero engines. The new business, which will have activities in France, the UK and Germany, will address the entire product lifecycle of Rolls-Royce engines.

Rolls-Royce and Hispano-Suiza will work together in the coming months to finalise definitive agreements.

Slaughter and May is working as a team with Bredin Prat.

CONTACTS

Corporate and Commercial: Gary Eaborn (partner), Nicholas Pacheco (associate), Anant Prakash (associate), Dipak Bhundia (associate), Paul Thorpe (associate), Elizabeth Szanto (associate); Intellectual Property: Cathy Connolly (partner), Hardip Shokar (associate), Ellen Lambrix (associate); Competition: Bertrand Louveaux (partner), Mihkel Wilding (associate), Jonathan Slade (associate); Pensions and Employment: Jonathan Fenn (partner), Lucy Duane (associate); Tax: Sara Luder (partner), Alexander Berend (associate); Real Estate: David Waterfield (partner), Samantha Brady (associate)

Bredin Prat, advising on French law: Kate Romain (partner), Sophie Cornette de Saint Cyr (partner)