Hogan Lovells advises Fluor on its sale of Stork European business
Amsterdam, 8 September 2023 – Led by M&A partner Victor de Vlaam, a cross border team at global law firm Hogan Lovells advises Fluor Corporation on the sale of the European business of the Stork group including its turbo blading manufacturing operations in the United States to industrial services provider Bilfinger SE.
Stork covers a well-diversified end market including energy transition, chemicals and petrochemicals, pharma and biopharma, infrastructure and oil and gas. Its core services focus on maximizing asset performance, optimizing expenditures, and achieving a plant's operational integrity.
The Hogan Lovells team is led by Amsterdam-based M&A partner Victor de Vlaam with support from a team of partners and associates in Amsterdam and throughout Europe and the U.S.
Victor de Vlaam said: "We are delighted to support the Fluor and Stork teams on this important and complex divestiture process. This disposition is a testament to our high-end M&A practice in Amsterdam, Europe, and the U.S., our cross border collaboration and industry sector expertise."