Slaughter and May is advising Rolls-Royce on the establishment of a long-term 50:50 joint venture with Hispano-Suiza, a member of the Safran group.
The joint venture will utilise the complementary resources and expertise of its two parent companies to develop world-leading accessory drive train transmission systems for Rolls-Royce civil aero engines. The new business, which will have activities in France, the UK and Germany, will address the entire product lifecycle of Rolls-Royce engines.
Rolls-Royce and Hispano-Suiza will work together in the coming months to finalise definitive agreements.
Slaughter and May is working as a team with Bredin Prat.