Joint Ventures

Stephenson Harwood provides clear and straightforward advice to clients on setting up domestic and cross-border joint ventures. Our clients appreciate our bespoke and commercial advice when looking to expand their business, move into new markets, and develop new products and services, both in the UK and internationally. We understand the issues that are important to you and we help you to focus on the key value drivers and risks on your joint ventures.
  • Profile
  • Experience
  • Key contacts

We advise on all types of strategic alliances including:

  • equity investments
  • cross holdings
  • shareholder agreements
  • joint ventures
  • collaborations
  • partnerships
  • franchises
  • R&D projects
  • technology licences
  • agency and distribution agreements

We recognise the value that strategic alliances and joint ventures can offer. They present significant opportunities for companies to share market risk, develop joint IP and implement economies of scale and scope. However they can be highly complex and as such can easily lead to a loss of shareholder value if not structured in the most efficient way for both parties.

Stephenson Harwood delivers pragmatic and commercially focussed advice to assist clients in navigating through the entire joint venture process. Our priority throughout is to deliver the commercial objectives of the parties through a collaborative, constructive approach, whilst always protecting the interests of our clients.

We will work with you through all stages of the joint venture, from the structuring and negotiation stages, to the operation of the joint venture and its subsequent dissolution or sale, and assist you in managing the risks and resources of the joint venture and to develop a structure for maximum reward for the parties.

We have extensive experience of advising our clients on:

  • tax structuring
  • minority protections
  • funding
  • competition clearances
  • employment and pensions
  • regulatory concerns
  • IP

“I think they are excellent, and the quality of advice we get is top-drawer. They are commercially good and very pragmatic.”
Chambers UK 2013

Singapore Technologies Telemedia

We advised the Singapore-based global investor on a strategic investment in Virtus Data Centres, the UK's fastest growing data centre provider, via a joint venture with Brockton Capital.

SportsMEDIA Technology

Advising SportsMEDIA, a pioneer in real-time on-screen graphics for live sports and entertainment events, on its investment in FSBTechnology, a real-time sports betting technology supplier.

Peterson Group

We advised the Hong Kong real estate and private equity group on a series of joint ventures, including its joint venture with Resolution Property in a Manchester retail and entertainment development.

Transpetrol Shipping

We advised on its Avance Gas JV with Stolt Nielsen and Sungas, to create a nine VLGC vessel owner/operator, through the contribution of vessels in return for equity, and their subsequent exit from the JV.


We advised AET, one of the world's largest tanker companies, on its JV with ADS Shipping to acquire two new DP shuttle vessels for US$300 million to be chartered to Statoil.

Hadley Shipping

We advised one of the JV partners in Foreland Shipping (the UK Ministry of Defence's strategic sealift provider) on the acquisition of the stakes of two of the other JV partners.

Welsh Power Group

We advised on their entry into a strategic partnership with Octopus venture capital, whereby Welsh Power would identify and develop a series of lower capacity power plants, and Octopus Investors would provide financial backing.


Our Paris office advised on a joint venture between IDI and Franco Compania Naviera SA relating to the acquisition and operation of bulk carrier vessels.

GDF Suez

Our Singapore office advised GDF Suez on its joint venture with Filinvest/Cyberzone Properties and all related aspects of its large district cooling project in Northgate Cyberzone, the Philippines.

Campana Group

We advised Campana Group and its founder on its sub-sea optic fibre cable project, to link Myanmar with Malaysia and Thailand, for further onward telecommunications connectivity.


Patrick Mousset Partner

T:  +33 1 44 15 80 78
M:  +33 6 83 39 01 03 Email Patrick Office:  Paris


Duncan Stiles Partner

T:  +44 20 7809 2163
M:  +44 7768 122 740 Email Duncan Office: 

© Stephenson Harwood LLP 2015. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP. The fibre used to produce this paper is sourced from sustainable plantation wood and is elemental chlorine free.