Charles Russell Speechlys advises Trifast plc on acquisition of Precision Technology Supplies Ltd
Charles Russell Speechlys advised long-standing client Trifast plc (main market listed) on its acquisition of Precision Technology Supplies Limited, a key supplier and distributor of stainless steel fastenings in the UK.
The transaction involved an upfront cash payment, followed in due course by a further cash payment based on the performance of the business.
The cash amounts were provided under Trifast’s Accordion banking facility with HSBC.
The team at Charles Russell Speechlys consisted of Richard Norton, Naomi Nettleton (Real Estate), Kelly Evans (Employment) and Andrew Priestley (Tax). For further information on the deal, please see the Financial Times coverage here.
News & Insights
On 18 September, the FCA set out its approach in assessing applications by cannabis-related companies for listing in the UK.
Charles Russell Speechlys advises ALDO UK's administrators, RSM, on the sale of the business and assets
Our Corporate Restructuring & Insolvency team has advised ALDO UK's administrators, RSM, on the sale of the business and assets.
Charles Russell Speechlys sponsor The Sunday Times Fast Track 100 ‘Outstanding Achievement’ award
Taking a glimpse into the 23rd Sunday Times Fast Track virtual conference and awards dinner.
Relief for Private Dental Practices? – Update following the verdict of the FCA’s business interruption insurance test case
Providing clarity on compensations for dental practices who were forced to close due to the COVID-19 pandemic.