03 Dec 2025

DLA Piper Advises Cambium on Acquisition of Global Composites Manufacturer SHD Holdings Limited

"DLA Piper advised Cambium on its acquisition of SHD Holdings Limited, a global composites manufacturer with production sites in the UK, the US and Slovenia. The transaction merges Cambium’s materials development with SHD’s manufacturing footprint to serve aerospace, defense, energy, automotive, motorsport, marine and other advanced industrial markets."

DLA Piper advised Cambium on its acquisition of SHD Holdings Limited, with DLA Piper representing Cambium in the transaction. The acquisition combines Cambium’s materials development capabilities with SHD’s global manufacturing footprint to serve aerospace, defense, energy, high-performance automotive, motorsport, marine and other advanced industrial markets. SHD operates four sites: its headquarters in the United Kingdom, two facilities in the United States and one in Slovenia. The combined company is positioned as a global platform to support customers across the value chain, from AI-driven molecular design to full-scale, rapid manufacturing. DLA Piper represented Cambium with a team composed by: Jonathan Axelrad, Partner (San Francisco), who co-led the deal team; John Gallon, Corporate Partner (Leeds), co-lead; Senior Associate Laura Allsop (Leeds); Associates Jennifer Tilston (Leeds) and Sienna Henry-Fisher (Leeds); Trainee Solicitor Grace Hanlon (Leeds); and Partner Jasna Zwitter-Tehovnik (Vienna), who provided support from Austria. The US team included Nicholas Klein, Co-Chair of DLA Piper’s National Security and Global Trade practice (Washington, DC); Jeff Salinger, US Co-Chair, Industrials sector (New York); Partners Anil John Kalia (Palo Alto) and Tzung-bor (Chung) Wei (San Francisco); Policy Advisor Melanie Tsang (Washington, DC); and Associates Sougol Shooshtarian (San Francisco), Leonard Yoo (Short Hills), Lauren McNeel (Washington, DC) and Pete Young (Washington, DC).
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