Charles Russell Speechlys acts on the sale of CAJ Mercian Holdings Limited
Charles Russell Speechlys LLP have advised the sellers of CAJ Mercian Holdings Limited (CAJ) on the sale of Mercian Logistics to Cathay Investments.
Mercian Logistics is an independent logistics business and services both businesses and private individuals throughout the whole of Herefordshire and Gloucestershire. The company offers a full range of parcel collection and delivery services including timed deliveries, security and fragile services and additional insurance where required. They also offer a complete fulfilment service from storage, picking, packing and delivering, taking the hassle out of despatch for their customers.
Cathay Investments was founded in 2003 and the acquisition of Mercian Logistics sees a continuation of its buy and build strategy in the logistics and distribution sector, seeking to create a profitable multi-channel global business.
Christopher Stone, former director of CAJ and one of the sellers, commented:
“The Charles Russell Speechlys team have provided invaluable commercial advice and support throughout the sale process. They were flexible and fast-paced from start to finish, ensuring that the sale was completed as smoothly and quickly as possible.”
Rebecca Burford, Corporate Partner at Charles Russell Speechlys, commented:
“It was a pleasure to assist Chris and the rest of the team on the sale. They have invested a huge amount of time and effort into developing Mercian Logistics into what it is today and we hope that Cathay can continue to take this business forward.”.
The Charles Russell Speechlys team was led by Corporate Partner, Rebecca Burford, and supported by Samuel Milne, Pei Li Kew, Matthew Carter and Francesca Charlton (Corporate), Helen Coward and Anna Reynolds (Tax), and Mark White and Martin Fisher (Property).
IBA Annual Conference
The IBA heads to Miami for its 2022 Annual Conference bringing together thousands hundreds of lawyers from around the world.
Joint Venture Opportunities
Join our panel where we will discuss various topics including Joint Venture structuring and Partner procurement.
Mind your business: Safeguarding your business against loss of mental capacity
Practical considerations to safeguard your business against loss of mental capacity.
FT Wealth quotes Sarah Anticoni on forum shopping
"Being the first to file for divorce is not a foolproof way of securing an English hearing"
What can UK investors interested in Life Sciences learn from their more experienced, including US, counterparts?
The recent tie-up between Canary Wharf and Kadans demonstrates the enthusiasm to access the lucrative UK life sciences market.
Helen Coward writes for Tax Journal on the main purpose test for SDLT group relief
Mainly ignored? The main purpose test for SDLT group relief
The Ayes have it - Collateral Warranties can be a ‘Construction Contract’
The Court of Appeal handed down its judgment in the case of Abbey Healthcare (Mill Hill) Limited v Simply Construct (UK) LLP
Charles Russell Speechlys advises Caretech Holdings PLC on its proposed £870.3 million take private
Charles Russell Speechlys is advising the independent board of Caretech Holdings PLC, in its take private sale to Amalfi Bidco Limited.
Charles Russell Speechlys advising Battery Ventures on the sale of SPT Labtech for £650 million.
Battery Ventures has raised over $9 billion to invest in software and services, enterprise infrastructure, and much more around the world.
Windrush Day 2022 – supporting access to justice
Charles Russell Speechlys is proud to continue supporting survivors of the Windrush scandal in their fight for justice.
The Leasehold Reform (Ground Rent) Act 2022: Landlords and developers beware serious sanctions for non-compliance
The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8 February 2022 and will come into force on 30 June 2022.
EG quotes Emma Preece on the Picturehouse and BNY Mellon rent arrears cases
“The case is being closely watched by landlords and tenants alike as the impact of the pandemic lives on in the commercial property sector”
Charles Russell Speechlys has advised long-standing client Stonegate on a series A investment into Peckwater Brands
Stonegate is one of the largest pub companies in the UK with a rich portfolio that covers over 4,500 sites.
Pro bono support for major office premises move for charity in Stoke-on-Trent
Emmaus entities provide safe homes, community support and meaningful work to formerly homeless people across the UK.
Financier Worldwide quotes Rachel Warren on the UK’s Economic Crime Act
Evaluating the UK’s Economic Crime Act
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups in the UK
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups
Property Patter: Reasonable Endeavours
What does it mean to use ‘best’, ‘all’ or ‘reasonable’ endeavours?
Could the UK’s Life Sciences Vision be restricted by its Immigration Policy?
We explore some of the visa options that may be open to businesses in the sector and their relative pros and cons.
Joshua Green writes for Spear's Magazine on Wagatha Christie’s lessons for HNWs
Wagatha Christie’s lessons for HNWs
Stephanie Bonnello writes for the Practical Law Dispute Resolution blog on witness evidence
When are witness summaries permitted instead of witness statements and when should material be struck out from a witness statement?