Clyde & Co advised Simpson Spence Young on acquisition of F3 Offshore

Clyde & Co advised Simpson Spence Young on acquisition of F3 Offshore

It plans to open its 24th global office in Hamburg, Germany and expand its presence in Dubai, United Arab Emirates

Clyde & Co has counseled Simpson Spence Young (SSY), a prominent independent shipbroker, on its acquisition of F3 Offshore Group, the offshore specialist shipbroker.

Established in 1880, SSY operates from Europe, the UK, the Middle East, Asia, and the Americas, offering comprehensive services in major shipping and commodity locations.

Founded in 2009, F3 Offshore was the first brokerage to specialize in North Sea renewables. They are a key player in the North Sea and the Middle East.

Clyde & Co acted as lead external counsel to SSY. The team was led by partner Philip O’Riordan and senior associate Afraz Hussain. They were supported by senior associates Amy Guest (employment) and Lee Rogers (employment); and associates Paul Kirk (corporate) and Sara Magdy (corporate).