Antins Flagship Fund V, managed by Antin Infrastructure Partners SAS (ENXTPA:ANTIN) agreed to acquire Portakabin Limited from Shepherd Building Group Ltd. on April 15, 2024. Closing is subject to receipt of customary regulatory approvals and is expected to take place in second quarter of 2024. The market sources reported the deal value to be £1.5 billion.

Dan Ibbetson, Simon Thomson, Christian Boney, Warwick Brennand, Susan Hughes, Tom Vickers, Tim Newey, Charles Cameron, Emma Game, Dominic Robertson, Phil Linnard, Laura Houston, Richard Keczkes, John Nevin, Lisa Wright, Jan Putnis and Tina Zhuo of Slaughter and May acted as legal advisor to Shepherd Building Group Ltd.