Case Studies

  • Client:
    HL Plastics

Shareholders in sale

We acted for the shareholders of HL Plastics on the sale of the company to Quanex Building Products Inc. for £95m.

The sale was facilitated by the de-merger of some companies and assets which some of the sellers wished to keep. This required a refinancing of certain bank debt as well as dealing with complex tax issues. Part of the deal was to allow one of the sellers to set up a Family Investment Company to protect part of the proceeds of sale.

We provided the legal advice on the whole sale and de-merger process.

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how integral teamwork is in both sporting and business
environments. We also share similar beliefs when it comes to
fostering upcoming talent."

Paul Blanchard, Chief Executive, Commonwealth Games England