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DMH Stallard advises on the sale of the Takbro Group

04 Aug 2015

DMH Stallard recently acted for the individual sellers on the sale of the Takbro Group to Newbury Investments (UK) Limited.

Takbro Group have locations in Burgess Hill, Mansfield and Bury and are a recognised supplier and distributor across the UK of interface products for signal conversion, switching, isolation and similar applications.

Abigail Owen, Corporate Partner, led the team at DMH Stallard. Commenting on the transaction, Abigail said: “This sale was an important one-off transaction for our clients. We are delighted to have helped them through the process,  and assist in making what can be a complex procedure, as smooth as possible for them.”

Spofforths LLP advised the sellers on the tax and accountancy aspects of the transaction. Their team was led by Graham Hunt and Daniel Grainge.

Michael Pay of EMC Ltd led the corporate finance team advising the sellers on the sale. Michael said: “Selling a business is always a large step for an owner, particularly one that has been run by the shareholders for nearly 25 years. Finding a buyer who meets their mandate is always crucial and we are pleased to have done that with Newbury Investments (UK) Limited.”

For more information please contact Chris Gape, Cobb PR at 01323 416999 or chris@cobbpr.com.

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