Scrutton Bland, part of the Sumer Group, with offices in Suffolk and Essex has advised their client in acquiring 100% of the share capital of an environmentally friendly product supplier.
Chris Kelly and the Scrutton Bland team supported their client throughout the entire acquisition process. This included leading the deal negotiations and carrying out limited scope due diligence work. They assisted the solicitors throughout in respect of the share purchase agreement, indemnities, and warranties.
The client had identified that acquiring a smaller long established, profitable business from owners looking to retire was an attractive proposition as a first acquisition.
This acquisition enables them to use this as a platform to put their plans for growth into operation and make future acquisitions.
