Blandy & Blandy has advised international agricultural and industrial rubber goods company Skellerup, based in New Zealand, on its acquisition of UK business Silclear Limited for £3.1 million.
Partner David Few, in the firm's Corporate team, said: “We are delighted to have been able to assist Skellerup again this time with its latest acquisition and further expansion into the UK. We wish Skellerup every success with the venture.
Skellerup Group CEO David Mair commented: “The acquisition is an excellent fit for Skellerup. Silclear’s products are a great extension to the range we offer to our international Agri customers. Their technology will also enable us to provide new and enhanced solutions for our Industrial Division customers. The Silclear business is performing well and will be immediately earnings accretive to the Skellerup Group. We are pleased to welcome the Silclear team to the Group.”
Silclear designs and manufactures innovative silicone products for international customers in the dairy and medical industries.
For further information or legal advice, please contact law@blandy.co.uk or call 0118 951 6800.
