Kuits advises on sale of construction equipment firm04 Jul 2018
Manchester commercial law firm Kuits has advised on the sale of Finlay Plant (UK) to Molson Group, the UK’s largest independent construction equipment supplier with head offices in Warrington and Bristol.
As part of the deal, Molson has secured full distribution rights for the complete range of Terex Finlay mobile crushing, screening and conveying equipment for England, Wales and the Channel Islands.
Molson will also acquire the subsidiary and associated companies of Stafford-based Finlay Group as part of the transaction, with the sales, hire and service organisations to remain largely unchanged.
Kuits corporate partner Kirsti Pinnell provided a comprehensive advisory service around the sale, supported by solicitor Kate Gledhill and working closely with Barbara Shuttleworth of Finlay’s accountants, Topping Partnership.
Kirsti Pinnell said: “Kuits was pleased to navigate this complex transaction by offering a bespoke commercial service to the Finlay Group, an established manufacturer and supplier in the UK market.”
Finlay Group managing director David Statham said: “The corporate team at Kuits made one of the most difficult projects I could imagine progress smoothly, taking most of the strain and worry out of the deal whilst professionally guiding a board of directors to an excellent conclusion.
“I’m very excited for the future direction and the growth expectations for both Finlay Group and Molson I look forward to ensuring a smooth transition for our staff and our clients.”
Pictured above: Kirsti Pinnell