Senior - Acquisition of Weston EU and subsidiary

  • 28 Nov 2011
 

Slaughter and May is advising Senior plc ('Senior') on the acquisition of 100% of the issued share capital of Weston EU Limited and its subsidiary Weston SEA Limited ('Weston') from the company's family shareholders for £54.0m in cash, plus reimbursement of the cash in the Weston business at acquisition.

The acquisition was announced on 28 November 2011.

Weston, located in Colne, Lancashire (UK) and with facilities in Chonburi in Thailand, is principally a manufacturer of precision machined parts and assemblies for the commercial aerospace industry.

Senior is an international manufacturing group with operations in 12 countries. It is listed on the main market of the London Stock Exchange.

 
 

Contacts

 

Corporate and Commercial: Peter Brien (partner), Jonathan Walters (associate), Maurice Seche (visiting lawyer); Commercial Real Estate: Jane Edwarde (partner), Edward Keeble (partner), Andrea Keeley associate), Edward Hughes (associate); Pensions and Employment: Jonathan Fenn (partner), Ben Wright (associate); Tax: Mike Lane (partner), Gregory Price (associate), IP/IT: Cathy Connolly (partner), Claire Morrissey (associate)

 
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