Shropshire-based representatives of The Corporate Finance Network, Dyke Yaxley, have assisted their client in a merger with another business in the food industry.
The client, a company involved in the manufacture of food machinery, already had a minority interest in the target company, when they approached Dyke Yaxley with a view to extend this interest to complete ownership.
The corporate finance team at Dyke Yaxley supported the client throughout the buyout process, advising on the practical considerations of the merger and the most tax efficient structure for the deal for all parties involved.
Upon completion, the client have now secured 100% ownership of the target company, with the intention of utilising this to increase their presence in the market.
