MH were pleased to act for the shareholders of Seebeck 162 Limited, the holding company of Supply Plus Limited, a market leader in fire rescue equipment, on their sale of 80% of the issued share capital to Lagercrantz UK Limited, a wholly-owned subsidiary of the Swedish listed Lagercrantz Group.
MH Partner Daisy Divoká, who acted for the selling shareholders on their management buyout of the business back in April 2019, commented “I’ve known the Supply Plus team for a number of years now and it’s been great to work with them all the way through to a very successful exit. We wish them all the very best for the next chapter of their journey.”
Derek Gotts, Managing Director of SupplyPlus commented, “it has been a pleasure working once more with Daisy and the new team who went the extra mile to help us get this deal completed.”
Daisy Divoká led the multi-disciplinary MH team which included Sean Kelly (Corporate), Katerina Heal and Michael Hansby (Tax), Ed Belam (Employment), Rebecca Patel (Real Estate), and Elisabetta Bestetti (Commercial).