CMS has advised HNA Group on the sale of equipment service provider TIP Trailer Services to I Squared Capital, an independent infrastructure investment manager. Linklaters advised I Squared Capital on the acquisition.
Headquartered in Amsterdam and operating in 17 countries, TIP serves markets across Europe including Germany, the UK, Italy, France, and the Benelux countries, as well as in Canada. It has a fleet of over 66,000 trailers and 86 trailer service centers.
HNA Group focuses on aviation and tourism, logistics, and financial services.
CMS's cross-border team was led by Ukraine-based Managing Partner Graham Conlon, and included a London-based team consisting of Senior Associate Valentina Santambrogio, Associates Jamie Burgess and Jason Todd, and Trainee Solicitor Julian Goering.
The London Linklaters team included Partner Will Aitken-Davies and Managing Associates Peter McCabe and Edward Lane.
