Acquisition of Essex Electrical Wholesalers by Manutan International SA
Cripps has recently provided corporate legal advice to Manutan International SA, a European leader in the distribution of office supplies to companies, on the acquisition of the entire share capital of privately-owned company Essex Electrical Wholesalers (Braintree) Limited, which specialises in providing electrical product requirements for the contracting, maintenance and installation sector in the UK. This transaction is the latest addition to Manutan’s growing portfolio of European subsidiaries.
Led by Cripps’ international corporate team with assistance from the property and employment team, the transaction was completed in a record 4 weeks from being instructed.
Delphine Delvert-Montigny, Group General Counsel for Manutan said “Cripps worked seamlessly with us and other advisers, they had an incredibly tight timescale to keep to, yet they ensured the transaction was completed smoothly and delivered on time. We are very pleased with the outcome”.
This is one of a number of transactions Cripps has successfully completed recently. To find out more about how we can help you, please get in touch.