Leading legal business DWF has advised private equity firm Investx Ltd on its acquisition of Coventry-based manufacturer PBK Micron Holdings Ltd (PBK).
PBK specialises in the manufacturing of precision machined parts and is an approved supplier to many top brand automotive and aerospace companies globally, including Caterpillar and Bombardier. This is the latest in a line of similar acquisitions for Investx as it looks to build a specialist engineering group.
Peter Edgar, Chief Financial Officer at Investx, says: “PBK is a great addition to Investx with its far reaching capabilities in the production of specialist manufacturing equipment, giving us a very solid platform for expansion into adjacent markets and new territories. With such deals it’s extremely important that we know we’re getting high-quality legal advice – something the team at DWF has provided us time and time again.”
DWF head of corporate in Birmingham Mark Gibson led the team with support from corporate trainee solicitor Rachel Lester. Mark says: “This is the third acquisition we’ve advised Investx on in recent times which highlights the team’s ability to handle corporate transactions and acquisitions effectively. The national corporate team is growing following several key hires this year, enhancing our offering to clients.”
DWF previously advised Investx on the acquisition of the business and assets of Advanced LED’s Limited and the acquisition of the business and assets of MHA Lighting Limited.
DWF’s circa 180-strong national corporate team has seen a number of senior appointments this year, including Manchester-based partner Alasdair Outhwaite from Eversheds, Newcastle-based partner Jeremy Swift from Square One Law, City-based partner Paddy Eaton from K&L Gates, and Dublin-based partner Ross Little from William Fry.