GLAS News

September 2, 2021

GLAS Appointed Agent for closing of TDR Capital and I Squared Capital’s £2.7 billion Acquisition of Aggreko Plc

September 2021, London

GLAS is delighted to have assisted Albion Acquisitions Limited (owned by TDR Capital and I Squared Capital) in the closing of its acquisition of Aggreko Plc, with Facility and Security Agent roles across the various debt facilities. The acquisition was initially announced in March 2021 and successfully completed in August having received regulatory and shareholder approval.

Aggreko is a world-leading provider of mobile modular power, temperature control and energy services, supporting customers across 79 countries.

The GLAS deal team comprised of Lux Jega (Transaction Management), Juliette Challenger (Deputy General Counsel), Natasha Chan (Senior Legal Transaction Manager) and Queenie Scott (Client Services).

About GLAS
Global Loan Agency Services Limited was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market. GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of EUR 110bn of assets under administration on a daily basis. For more information, please contact media@glas.agency.

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