Sale of a renowned manufacturer and supplier of pneumatic and hydraulic products and associated components

The Corporate and Commercial team at Wilson Browne Solicitors has recently advised the selling shareholders in the sale of the entire issued share capital of a company leading in the manufacture and supply of pneumatic and hydraulic products and associated components for an undisclosed sum.

The transaction was complicated by the additional requirement to extract certain investment property held by the target company into the separate ownership and control of the selling shareholders at the point of completion.

In addition to the corporate aspects of the transaction, the advice given also involved the commercial property team at Wilson Browne both in relation to the leasehold arrangements of the target company and also the extraction of the investment property.

The team at Wilson Browne also worked closely with the accountants and other advisors to the selling shareholders to ensure that the transaction was completed smoothly and in the most tax-efficient manner.

The transaction was led by Duncan Crowther, a Partner in the Corporate and Commercial team at Wilson Browne, who commented:

We were delighted to have been selected to advise in this transaction and to have achieved all of the required outcomes for the clients concerned. It was particularly satisfying to see the seamless interaction between the various different teams within the firm, which is a real testament to the strength and depth of the commercial legal services offering of Wilson Browne. The firm’s ability to provide a complete full service offering on a regional basis really helps with the efficient completion of complex transactions such as this and makes the whole process as smooth and stress-free as possible for the clients concerned.

The Corporate and Commercial team at Wilson Browne is nationally recognised in the Legal500 and regularly advises clients on a wide range of corporate transactions, including business and company sales and acquisitions, management buyouts, company restructuring, corporate governance, franchising, intellectual property protection and commercial contracts.