The Liverpool Corporate team of top 45 Law Firm, Weightmans, has advised Huws Gray Limited on their latest acquisition of the entire issued shared capital of Shropshire Building Supplies Limited.
Shropshire Building Supplies is a major 5 site business and represents a further significant step towards expanding their regional presence in the Midlands for the Anglesey based company.
Terry Owen, the managing director of Huws Gray said:
“This is a significant acquisition for Huws Gray. We have worked with Weightmans hand in hand for the last 20 years on each one of our 40+ acquisitions. They make the process slicker and easier every time, making it easier for Huws Gray and the seller. We are extremely excited about this deal and the future.”
Proving to be a busy 2016, the Weightmans team, led by Partner Ian Vicary, with Associate Amanda Hurst and Assistant Ben Davies, have advised Huws Gray on seven acquisitions in six months including, RW Almonds, Minera Building Suppliers, ST Group, Qualplas, Brick Market, Cornerstone Building and Landscape Products and Woodford Plumbing and Heating.
Ian Vicary, Corporate Partner at Weightmans Liverpool office added:
“We are delighted that Huws Gray Limited has completed this key strategic acquisition for them. It is always a pleasure working with Terry and the team, and it is always encouraging to see so many businesses actively seeking to join what is an ever expanding but still personal and popular business.”