Jamieson is pleased to announce its role in advising the executive management team, led by Jim Nicol, CEO of Tomkins plc, in conjunction with the recommended offer to be made by a consortium comprising Onex and Canada Pension Plan Investment Board.
Under the terms of the offer, Tomkins Shareholders will receive 325 pence in cash for each Tomkins share. The offer values Tomkins’ existing issued and to be issued share capital at approximately £2.9 billion.
Tomkins is a global engineering and manufacturing group which manufactures a variety of products for the industrial, automotive and building products markets across North America, Europe, Asia and the rest of the world. The Tomkins Group employs more than 25,000 staff and operates in over 23 countries.
Adam Hall, partner at Jamieson, led the transaction.