Charles Russell Speechlys advises on sale of Alphr Technology to Indutrade
Charles Russell Speechlys has acted for the shareholders on the sale of Alphr Technology to Indutrade AB (publ), a company listed on Nasdaq Stockholm.
Alphr Technology designs and manufactures customized equipment for manual and automated production lines. Their portfolio extends from simple mechanical Poka-yoke assembly stations to semi-automatic assembly and test stations, robotic manufacturing cells, rotary machines and even fully automated palletized production lines. Customers are primarily in the automotive industry, and 75% of sales are exported.
The company will be part of Indutrade’s Special Products business area. Indutrade markets and sells components, systems and services with a high-tech content within selected niches. Indutrade’s business is distinguished by high-tech products for recurring needs; growth through a structured and tried and tested acquisition strategy; and a decentralised organisation characterised by entrepreneurial spirit.
Speaking of the deal, Kalli Basra, the CEO of Alphr Technology said, “It was a pleasure to work with Mark Howard and his team at Charles Russell Speechlys. The depth of commercial awareness, technical legal expertise, responsiveness and ability to translate complex issues into points we could understand and digest made the transaction run smoothly and to timetable. We would not hesitate to recommend them to others considering a company sale.”
Commenting on the transaction, Mark Howard, Corporate partner said, “We thoroughly enjoyed working with Kalli and his team on what was a landmark transaction for them personally following many years of dedication and hard work building a successful business with blue chip clients and worldwide sales. We wish them well for the future and hope to be able to work with them again.”
The Charles Russell Speechlys core team comprised Mark Howard, Rebecca Burford and Sam Milne (Corporate) Martin Griffiths (Corporate Tax), Archie Sherbrooke (Real Estate), and Emily Chalkley (Employment).
Sponsor Licence Compliance: Key considerations & how to be audit ready
Join us for the third in our series of mini webinars on post Brexit immigration about sponsor licence compliance.
The Future of Property Careers
Join to our panel discussion and Q&A with industry leaders on the range of opportunities within the property and construction sector.
UK SPACs: could changes to the UK Listing Rules spark an increase?
SPAC listing popularity has increased. Could the UK be the next hotspot following proposed changes to the Listing Rules?
Liability for costs of repair (City of London v. Leaseholders of Great Arthur House)
Oliver Park writes an article for Lexis®PSL on a property dispute case.
Q&A on adverse possession
A successful application for title by adverse possession will result in the squatter acquiring possessory title to land.
New tax on property developers - consultation paper published
The government published a consultation paper on the design of the new residential property developers tax.
Claire Fallows quoted by Planning on how new PD rights for commercial buildings will change the system
Councils should be prepared for a flurry of applications in August.
Procuring modular housing: Is MMC becoming mainstream?
Is Modern Methods of Construction becoming mainstream? Read what it means for Development and Procurement here.
Dual class share structures: how do they work and what are the pros and cons?
Dual class share structures allow a shareholder, for example the founder, to retain voting control over a company.
Q&A: Talking the telecoms talk
Georgina Muskett and Jonathan Wills answer queries on Electronic Communications Code agreement.
Property Patter: Navigating the complexities of Pharmacy Property
Pharmacy property is a specialist area which contains many traps for the unwary.
COVID-19 Vaccination – can an employer make it compulsory for employees?
We review what legal issues to take into account when considering to make vaccination compulsory as an employer.
The Lawyer, New Law Journal, International Adviser, CDR Magazine and eprivateclient report on the firm's partner promotions
Charles Russell Speechlys promoted five lawyers to partner, effective 1 May 2021.
Linking ESG and Executive Pay
How does a business go about embedding a focus on strong ESG performance into the structures and culture of its organisation?
National Security and Investment Act granted Royal Assent
The Act establishes a new regime for the review of mergers, acquisitions and other transactions that could threaten national security.
Charles Russell Speechlys advises Waverton on acquisition of Cornerstone Asset Management
Established in July 2010 and with offices in Edinburgh and Glasgow, Cornerstone offers wealth management and financial planning advice.
What do the new Debt Respite Scheme Regulations mean for Landlords and Tenants?
This will provide legal protection from creditors in the form of either a breathing space or a mental health crisis moratorium.
Charles Russell Speechlys promotes five to Partner
The promotions are effective 1 May 2021 and are accompanied by one Legal Director and 15 Senior Associate promotions.
Risk allocation in commercial leases: the High Court considers rent suspension, insurance and frustration arguments
Read our summary of the full judgement on the latest Covid arrears case.
Proposed Takeover Code Amendments – Key Changes
The Consultation Paper has now been followed by a corresponding response paper which made certain modifications to the initial proposals.