Travers Smith advises Polypipe Group plc on its £490 million IPO

Corporate Partners Spencer Summerfield and Charles Casassa and Corporate Senior Associates Dan Simons and Dan McNamee have advised Polypipe Group plc (“Polypipe”) on its listing on the main market of the London Stock Exchange on 16 April 2014 and its IPO and global offering to institutional investors, including QIBs in the United States, of shares held by the management team, certain employees and Polypipe’s principal shareholder, Cavendish Square Partners LP.

Founded in 1980, Polypipe is now the largest manufacturer in the United Kingdom, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors.

Spencer Summerfield, Dan Simons, Tom Coulter and Hussein Baxter provided UK corporate law advice and Charles Casassa and Dan McNamee provided US Securities law advice, to Polypipe and its management team.

Deutsche Bank AG, London Branch and Numis Securities Limited acted as Joint Sponsors and Joint Bookrunners, Canaccord Genuity Limited acted as Co-Lead Manager and Moelis & Company UK LLP acted as Financial Adviser to the Company.

Deutsche Bank AG, London Branch, Numis Securities Limited and Canaccord Genuity Limited were advised by Greenberg Traurig Maher LLP.

Cavendish Square Partners LP were advised by Dickson Minto W.S

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