Geldards’ Midlands-based Corporate team has successfully advised Skip Units Limited, on their acquisition by the Finance Director of Ramshorn Group, in a management buyout deal.
Derby based Skip Units Limited, are the UKs largest manufacturer of waste containers and have built a reputation for waste solutions over their 40-year life span. They manufacture long lasting and smartly engineered waste containment products and recycling containers and also provide bespoke services.
The buyout sees the existing shareholders exit the business and Richard Stamps will take the ownership. The deal was in conjunction with local accountants Smith Cooper, and HSBC UK Bank Plc.
The Geldards team was led by Partner Debra Martin, who dealt with all aspects of the transaction in advising Skip Units Limited.
“We are thrilled to have advised Skip Units Limited in connection with their acquisition by Ramshorn Group. It was a pleasure to work alongside Smith Cooper and HSBC in providing advice throughout the nine-month transaction.
“We would like to thank Skip Units Limited for involving us in this deal and we wish them the very best for the future.”
For business advice from an expert, knowledgeable, approachable solicitor, please contact a member of our Corporate team.
GELDARDS ADVISE THE URBANISTS TEAM TO TAKE OWNERSHIP OF THE FUTURE OF THEIR BUSINESS >>