Clear round for Cripps
The sale of Royal Warrant holder Loddon, which manufactures internal stabling and kenneling for clients including the Royal Family, New York Police Department and the Hong Kong Jockey Club, was completed in record time thanks to expert advice from law firm Cripps.
The firm was acting on behalf of Loddon’s parent company Maidstone-based Camellia Plc, an international group listed on the London Stock Exchange which employs more than 75,000 people worldwide. Its interests include agriculture and horticulture, transport, engineering and finance and it is the second biggest private tea producer in the world.
Camellia, which has owned Loddon since 2009, sold it to Netherlands-based manufacturer Molenkoning.
The Cripps team, led by partner Chris Langridge, concluded the deal in only ten days from instruction to completion.
“The deal involved our commercial and property lawyers and, as a large law firm, we were able to deal with all aspects of the sale quickly as we had all the expert advice we needed in-house,” said Chris.