Latham & Watkins Advises CVC on £2 Billion Acquisition of Smiths Detection

Latham & Watkins advised CVC, one of the world’s leading private markets investment firms, in its acquisition of Smiths Detection from Smiths Group plc, and also advised CVC and its portfolio company Domestic & General on Domestic & General’s sale to Asurion. The transaction comprises CVC’s agreed acquisition of Smiths Detection, a global leader in threat-detection and security-screening technologies for airports and critical infrastructure, from Smiths Group plc. The acquisition is subject to customary regulatory approvals and is expected to close in the second half of 2026. Separately, Latham & Watkins advised CVC and Domestic & General on the sale of Domestic & General, one of the largest appliance care providers in the UK and Europe, to Asurion, a global leader in technology care, support and protection. Latham & Watkins represented client CVC in the acquisition of Smiths Detection with a team composed by: London partners Kem Ihenacho (corporate) and Doug Abernethy (corporate), associates Ruth Taylor, Jia Yan Ng and Noah Lipshut, with assistance from Madeleine Østenstad; finance advice by London partner Charles Armstrong with associates Julie Van der Meersche, Vanessa Ho, Claire McCloskey and Jorunn Wessmann Wirkola; separation, intellectual property, data and technology advice by London partner Christian McDermott with associates Oliver Mobasser, Dal Lim, Callum Lee and Sophia Shum; executive compensation and employment advice by London partner Sarah Gadd and London counsel Shaun Thompson with associates Ellie Marissa Wilson and Martina Hoelzer; tax advice by London partner Helen Lethaby with counsel James Leslie; regulatory advice by Washington, D.C. partners Paul Rosen and Damara Chambers and counsel Ruchi Gill with assistance from Stephen Keith, and London partner Clare Nida with associate Matthew Unsworth; antitrust and foreign direct investment advice by London partner Stephanie Adams and Hamburg partner Jana Dammann with associate Nicolas Riemann; and real estate advice by London partner Quentin Gwyer with associate Constandinos (Costa) Thrasyvoulou. Latham & Watkins represented clients CVC and Domestic & General in the sale of Domestic & General to Asurion with a team composed by: London corporate partners Kem Ihenacho and Linzi Thomas.

Latham & Watkins Advises CVC on £2 Billion Acquisition of Smiths Detection

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