Fox Williams LLP acted for Charles Tennant and Company (Northern Ireland) Limited in connection with its strategic acquisition of Walls & Ceilings International Limited from individual vendors.
Walls & Ceilings International Limited distributes a comprehensive range of drylining, insulation and ceiling products across the UK.
The acquisition completed successfully on 30 June 2017.
Freeths acted for the Vendors.
Paul Osborne, senior partner at Fox Williams, commented: “We are delighted that Tennants has successfully completed this acquisition which will enable it to significantly enhance its operations in this sector on the UK mainland. All parties worked in a professional and collaborative manner to resolve a number of technical issues that arose.”
Paul Osborne led the Fox Williams team and was assisted by Mary Elliott (senior associate) and Julia McKendry (associate) on corporate aspects, Shofiq Miah (senior associate) on tax matters, Mark Watson (partner) and David Harford (associate) on employment issues and Mary Ince (associate) on real estate matters.
Andrew Gingell, the director at Tennants leading the transaction, commented: “This acquisition complements our Northern Ireland operation and provides a much better platform for growth in the mainland. Our solicitors, Fox Williams, provided an excellent service and identified some important issues when undertaking due diligence which we were able to reflect in the transaction documentation.”