A hard day’s night finalising a deal

My son rings with a prank call A partner in the corporate department of Halliwells Liverpool office, Jonathan Brown specialises in mergers and acquisitions. This was his working day on Tuesday, August 14, when the Eddie Stobart deal was agreed. 6.30am: I woke up in the Hilton Hotel, Manchester, as I am acting for the … Continued

Eddie Stobart hauled onto stock market

A pair of Preston professional firms have played a key role in the deal which has taken haulage giants Eddie Stobart on to the London Stock Exchange. Solicitors Brabners Chaffe Street and corporate financiers Dow Schofield Watts were both involved in the reverse flotation, which saw the Carlisle-based group taken over in a £138m deal. … Continued

Stobart trucks along with reverse takeover

Stobart trucks along with the reverse takeover of Westbury Property Eddie Stobart, the iconic road haulage company, is to list on the London Stock Exchange after reversing into Westbury Property Fund. The company’s practice of giving its 900 trucks their unique female name has made it a household name, even spawning an Eddie Stobart fan … Continued

Stobart on the move

The UK’s best known road haulage firm, Eddie Stobart, was today sold for £138m to create a merged transport and logistics company headquartered at Appleton Thorn near Warrington. The company, famous for its 900-strong fleet of green and red trucks, is being bought by former property group Westbury, which owns the port at Runcorn and … Continued

Kitson group sold for £14m

Silverdell, a UK supplier of asbestos contracting and consultancy services, announced the acquisition of Kitsons, an industrial asbestos contracting business, for £14m. The deal will be financed by a £4m existing facility with Barclays Bank and £10m from a placing of shares at 150p. Kitsons provides asbestos removal, insulation and scaffolding services to the nuclear, … Continued