Test and measurement specialist acquired by US market leader MCS Test – the St Asaph-based company which is one of the UK’s leading test and measurement solutions providers – has been acquired by the US market leader, TestEquity. The North West advisory team from Dow Schofield Watts advised the shareholders of MCS Test on the … Continued
Sheffield Forgemasters acquired by the UK Ministry of Defence The Yorkshire & North East Corporate Finance team at Dow Schofield Watts has advised the Board of Sheffield Forgemasters on the sale of its entire share capital to the UK Ministry of Defence Founded over 200 years ago, Sheffield Forgemasters provides casting and forging solutions for … Continued
BGF investment for building plastics supplier Dow Schofield Watts has provided Corporate Finance advice to Northern Building Plastics on its investment from BGF to support its growth plans. Northern Building Plastics, led by co-founders, Judah Wilson and Richard Lindop, opened its first super depot in Leeds in 2010, followed by a second site in Bolton in May … Continued
Major Feed Company Merges with Manufacture Dodson & Horrell has announced a merger with animal feed manufacturer HJ Lea Oakes. Dow Schofield Watts Transaction Services provided financial due diligence on the deal. The venture will bring together the equine, poultry and zoo feed division of Dodson & Horrell Ltd with HJ Lea Oakes from 11 … Continued
Comms Design acquired by Unipart The Yorkshire & North East corporate finance team of Dow Schofield Watts has advised Comms Design on its sale to Unipart Rail, the rail division of Unipart Group. The transaction followed an international marketing of the company to strategic trade parties. Comms Design is based in Harrogate, Yorkshire, and is … Continued
The Yorkshire & North East Corporate Finance team at DSW has advised on the buy-in management buyout (BIMBO) of Star Brands, funded by Mobeus. Star Brands, the £30m-turnover laundry and cleaning product manufacturer, is headquartered in Leeds and has a manufacturing plant in Redditch. It currently employs about 125 staff, with 30 of those added … Continued
A London-based meat and poultry specialist which had been facing financial difficulties has ceased trading after failing to find a buyer. Dow Schofield Watts Business Recovery were appointed as administrators to Nigel Fredericks Trading Limited, which supplied the catering, hotel, leisure and education sectors including a number of high-profile sporting venues. The Dow Schofield Watts … Continued
Food packaging specialist to be acquired by US corporation in £220m deal Proseal UK Limited – the UK firm which is a leading provider of tray sealing technology to the food industry – is to be acquired by Chicago-based JBT Corporation. JBT, which is listed on the New York Stock Exchange, has signed a definitive … Continued
The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised Arklow Engineering Limited on a full refinancing of Ashfield Extrusion Limited, its wholly owned subsidiary. Ashfield Extrusion is a leading aluminium forward and reverse impact extrusion specialist supplying specialist components to the countermeasures, medical and pyrotechnics markets. It also manufactures aluminium … Continued
One of the region’s long-established privately owned PVC fabrication businesses has changed hands in a management buy-in with the transaction providing an exit for the original founder shareholders. The £22m turnover SASH-Fitrite group, based in Barnsley and operating under the brands Sash UK (“Sash”) and Fitrite Fencing & Decking (“Fitrite”), has been acquired by John … Continued
Kent Periscopes Ltd – the military equipment supplier based in St Asaph, North Wales – has been acquired by the photonics technology company Gooch & Housego plc in a deal worth up to £9.5m. Dow Schofield Watts and Hill Dickinson advised Kent on the deal. Founded in 2005, Kent is a specialist supplier of periscopes, … Continued
Dow Schofield Watts provided lead advisory and due diligence services to NWF Group which has bought leading animal feed manufacturer, SC Feeds Limited. NWF, the specialist agricultural and distribution business, is to pay up to £6.75m to acquire the Stone-based company. The deal comprises an initial consideration of £6m in cash, to be satisfied from NWF’s existing … Continued