Vasco Litchfield
Managing Director, Lazard
Vasco Litchfield joined Lazard London in 2004. He is currently a Managing Director in London, with a particular focus on the support services, distribution, construction and the building materials sectors.
Vasco serves as House Advisor to Aggreko plc, Carillion plc, Diploma plc, Grafton plc, and SIG plc.
Most recently, Vasco has advised Premier Farnell plc on its sale to Avnet Inc (£870m); Bain Capital on the sale of BPL to Creat Group (£820 m); Cinven/CPP on its acquisition of Hotelbeds (€1.2bn); Premier Farnell on the sale of Akron Brass to IDEX ($225m); Wesfarmers on the acquisition of Homebase (£340m); Bain Capital on the sale of Brakes to Sysco ($3.1bn); Investcorp on the sale of Icopal to GAF (c. €1bn); Blackstone and Kirkbi’s acquisition of Armacell (€955m); Paroc’s high yield bond and sale to CVC (€710m); the merger of TUI Travel plc with TUI AG (€6.5bn); the sale of Joris Ide to Kingspan (€315m); the relisting of Pfliederer (PLN 744m), and the sale of Deli to Pontmeyer and NPM.
Since joining he has also advised amongst other projects: Knauf’s acquisition of Guardian Insulation (US); ETEX’s acquisition of Lafarge gypsum assets (€1.4bn); HSS on its sale to Exponent; Aggreko plc on its acquisition of Poit Energia in Brazil; SSL plc on its sale to Reckitt Benckiser plc; sale of Focus DIY to Asda and Kingfisher; PED (US) on its sale to Wolseley plc; Fiberweb plc on its Brazilian JV and eventual sale of its hygiene business to Evora (Brazil); BSS plc on its sale to Travis Perkins plc; DS Smith plc on its sale of Spicers to Unipapel/Better Capital; Ultragas shipping on its acquisition of a minority stake in Wilson Sons (Brazil); KP1 on its sale to Doughty Hanson; Carillion on its acquisition of Mowlem plc, Alfred McAlpine plc and EAGA plc and the IPO of ISS (DK 9.4bn).
Vasco has also advised on the restructuring of Paroc, Terreal, Fransbonhomme, Consolis, Monier, and the£150m refinancing for Premier Farnell plc (UK); TUI Travel on its £350m convertible bond; KKR’s refinancing of URSA (€320m), and SIG plc on its £350m equity raising and its acquisition of Lariviere (France).
Vasco advised Her Majesty’s Government on the sale of the Tote to Betfred; the sale of the Plasma Resources UK to Bain, and on the IPO of Royal Mail.
Prior to joining Lazard he worked at Baring Brothers in London and Madrid working on numerous clients/transactions in Europe, South Africa, Russia and Brazil.