Slaughter and May, London and Hong Kong, is advising Senior plc on its proposed 100% acquisition of UPECA Technologies Sdn. Bhd. (UPECA) from Millennium Arena Sdn. Bhd., a holding company for UPECA’s private shareholders. The acquisition is for a total consideration of £58.2 million, payable in cash at completion, and is expected to complete by the end of March 2014.

UPECA has over twenty years' experience manufacturing high-precision engineered components serving the aerospace and energy sectors, and manages manufacturing facilities in Malaysia and the People’s Republic of China (PRC).

Slaughter and May is working as a team with Zaid Ibrahim & Co., advising on Malaysian law, and Jun He, advising on PRC law.

CONTACTS

Corporate and Commercial: Padraig Cronin (partner), Shyam Radia (associate), Phoebe Hughes (associate), Amanda Ho (associate); Competition: Natalie Yeung (partner)

Zaid Ibrahim & Co.: Idahani Ismas Ismail (partner), Shermaine Tan Jyy Mei (associate), Eugene Mark Chyun Yen (associate)

Jun He: James Tao Wu (associate), Liu Jin (associate)