LAWFUEL – Law News Network – Holman Fenwick & Willan’s London Office acted for leading marine service company, James Fisher and Sons plc in the acquisition of the privately-owned UK based Strainstall Group Ltd. Strainstall designs and supplies safety and productivity based monitoring, control, load measurement and structural monitoring systems, operating internationally across a wide range of industries notably marine, offshore, nuclear, and rail markets.
James Fisher acquired the privately-owned UK based Strainstall Group and its subsidiaries, for a maximum of £7 million plus the assumption of £4.2 million of debt. The acquisition is for cash and loan notes.
Holman Fenwick & Willan acted for James Fisher and Sons plc – Mark Wandless headed the team assisted by Fred Muchardt and Emma Ross.
EC Hambro Rabben & Partners Ltd acted as corporate finance advisors to James Fisher.
Moore & Blatch acted for the sellers – Roger Bailey assisted by Jeremy Over.