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        DWF advises on the MBO of Global Material Handling Ltd

        International legal business DWF has advised on the management buyout (MBO) of forklift dealership Global Material Handling Ltd.

        Date: 31/07/2018

        Corporate partner Lisa Stavropoulos led the DWF team on the deal alongside solicitor Ciara Healy, advising Global Material Holdings Limited on becoming the sole owner of Global Material Handling Ltd. The business supports the materials handling operations for clients across the region including Rowlinson Group, Primeline Espress and Park Cakes.

        The deal will also see Global Material Handling Ltd sign a new exclusive three-year contract with Cesab Material Handling, the European materials handling equipment manufacturer.

        Lisa Stavropoulos said: "We are delighted to have worked with Andy Evans on this MBO which will see the business enter its next stage of growth and investment."

        DWF's corporate team acts for high profile clients across a range of sectors including recently advising multinational technology outsourcer Equiniti on its acquisition of specialist shareholder engagement company Boudicca Proxy Limited, advising Berenberg and Grant Thornton on the AIM IPO of Tekmar Group plc and advising the management team of Kindertons on the sale of the business to ExamWorks, a portfolio company of Leonard Green & Partners, from Sovereign Capital Partners.

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