KBR to Acquire VIMA

Cleary Gottlieb represented KBR Inc. (KBR) in its acquisition of VIMA Group Holdings Limited (VIMA), a company incorporated in England and Wales, for up to £75 million (inclusive of earn-out opportunities).

The transaction signed on June 15, 2022, and is expected to close in the third quarter of 2022 after regulatory approvals have been obtained.

KBR is a NYSE-listed company that delivers science, technology, and engineering solutions to governments and companies around the world. KBR is headquartered in Houston, Texas, and employs approximately 28,000 people globally.

VIMA is based in the UK and delivers solutions across a number of large-scale, high priority digital transformation programs to support its clients in ensuring availability of effective digital and information technology as guided by the UK’s Digital Strategy for Defence. VIMA is a trusted advisor and a top five supplier to Defence Digital and Navy Digital—both organizations within the UK Ministry of Defence.