DMH Stallard acted for the shareholders of the AVS Group Holdings Limited on the sale of the company to Lawsons Holdings Limited, a leading supplier of timber, fencing and building products. AVS trades through its subsidiary AVS Fencing Supplies Limited.
AVS is a specialist supplier of fencing, landscaping and outdoor living materials, providing services to retail and trade customers across the South of England since 1993. The turnover of the combined group will be close to £125m, with 565 employees, and operating from 27 branches across the South East of England. The acquisition of AVS is considered a great strategic fit for Lawsons as they look to establish a platform for future expansion in the fencing and landscaping market.
AVS founder, Ian Faires, said “The values and ethos of both companies run in parallel and I had no hesitation in deciding that Simon Lawson (Chairman of Lawsons) and his team were the perfect fit going forward. I am very proud of what we have all achieved at AVS during the past twenty-seven years and now is the right time for this move to take place.”
Ian further commented: "Having worked with Danos (Corporate Partner of DMH Stallard) for almost 15 years, we were clear that we wanted his experience and expertise and that of his team at DMH to guide us throughout the transaction process. We were delighted with the commitment shown by Danos, Anjli and the rest of the team at DMHS to achieve the best outcome for us on our exit.”
Corporate Partner, Danos Athanasi, led the DMH Stallard team with Associate, Anjli Majevadia. Athanasi commented: “I am honoured Ian and his family have continued to place their trust in me and the DMHS team for this important transaction. It has been my pleasure working with the business and its shareholders for a number of years. I was very happy to have been part of their journey and I wish them all the very best for the future."