Top 100 law firm, DMH Stallard, advised Hunt and Palmer PLC on its share acquisition of competitor, Aircraft Chartering Services Limited.
Founded in 1986, Hunt and Palmer PLC provides global bespoke air charter, with offices on four continents. Hunt and Palmer Plc’s head offices are in Crawley, West Sussex. Aircraft Chartering Services are an air charter broker for passenger charter flights, sub-charters and wet leases.
Abigail Owen, Corporate Partner at DMH Stallard, led the team providing the legal advice on the acquisition for Hunt and Palmer PLC.
Abigail said: "Having acted for Hunt and Palmer PLC for over 15 years, it was rewarding to continue working with them as they embarked on the next stage of their growth. This recent acquisition will complement their existing brokerage business adding a further dimension of specialist travel services. We wish them all the best for the future."
Jeremy Palmer, a director of Hunt and Palmer said: "We thank Abigail and her team for their assistance on this transaction; it was dealt with smoothly and in a commercial manner. They expertly guided us through this complex legal process and incorporated our gentleman’s agreement with ease and without over-complicating matters."
Goodman Jones LLP advised Hunt and Palmer PLC on the accounting and taxation aspects of the transaction. Downs Solicitors LLP and Tudor John Chartered Accountants advised the sellers on the transaction.
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