The agency took £14.7bn of deal work last month. It was propelled to the top by its work on the month’s biggest deal, advising British chemicals firm ICI as it was acquired by Dutch giant Akzo Nobel for £8bn. Akzo Nobel used Smithfield for the deal.
FD remains in second place with £9.6bn of business. It worked with Hanson in the month’s second largest deal, which saw the building materials supplier acquired by LeHigh, an acquisition vehicle of Heidelberg Cement, in a deal worth £7.96bn.
Finsbury was also involved, advising Heidelberg. The deal helped Finsbury move to third place in the rankings, netting a total of £8.5bn.
Smithfield re-entered the top ten this month after advising on four deals worth £8bn. Maitland lies in the fifth spot with £1.6bn of deals.
In sixth spot is The Hogarth Partnership, advising on £1.43bn of deals. Chief among these was working with the Nationwide Building Society in its £1.4bn acquisition of the Portman Building Society. Tulchan Communications lies in seventh position, advising on £977m of deals.
Edelman, Park Green and M:Communications complete August’s Deal Watch.