DWF advises Countrywide plc on sale of Lambert Smith Hampton

DWF, the global legal business, has advised Countrywide plc on the sale of Lambert Smith Hampton (LSH) to John Bengt Moeller.

The transaction, valued at £38m, will see the proposed disposal of LSH, one of the UK and Ireland’s leading property consultancies with over 40 offices and 1,700 staff.

The DWF team advising Countrywide plc was led by Leeds based Partner, Lester Wilson with Amelia Mackie, Tim Howden, James Lonsdale, John Toon, Andrew Carr, Jim Speed, Nick Wallace and Helen Balliger.

Commenting on the sale of Lambert Smith Hampton Peter Long, Executive Chairman of Countrywide, said: “The sale of the Lambert Smith Hampton commercial business strengthens the Group. Once completed, we believe that the Group will be in a more advantageous position in our core residential market. The Group remains on course to deliver a full year result in line with the Board’s expectations”