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Clifford Chance advises international firm DWF Group on the integration of RCD for 50.5 million euros

17 December 2019

Clifford Chance advises international firm DWF Group on the integration of RCD for 50.5 million euros

Clifford Chance has advised international law firm DWF Group on the integration by means of acquisition of the Spanish law firm RCD (Rousaud, Costas, Durán). DWF Group is listed on the London stock exchange and has around 3200 professionals, while RCD, founded in 2003, has 400 lawyers. The operation automatically implies changing the name of the company in Spain to DWF RCD, which will be completed in the coming weeks, meaning that it ceases to be an independent firm.

The operation, which was concluded for an amount of 50.5 million euros, involved a multi-jurisdictional and multi-disciplinary team led by Javier Amantegui and Ana Torres, partner and counsel in M&A, also with the collaboration of Cristina González, José Maria Vilaseca, Aina Gómez, Francisco Ruiz, Maria Viñas, Carme Briera, Juan Cuerva, Manel Santilari, Fernando Cerdà, Carlos Zabala and Sonia Trendafilova at Clifford Chance Spain; Daud Khan and Alanna Hunter at Clifford Chance London and Frederik Mühl and Friedrich von Bülow from Clifford Chance Germany.

It is the first acquisition of a local firm by an international one.