We’re pleased to have advised the shareholders of Yorkshire-based Russell’s (Kirbymoorside) Ltd on their acquisition of Cheshire Turf Machinery Limited. Russells are UK leaders in agricultural, ground care and construction equipment supply.
The transaction was led by Brett Marsden (Corporate Finance Partner) with support from Sally Fuller and Aalia Ahmed (Tax advisory and due diligence)
The transaction brings together two established businesses with complementary geographical coverage, expertise and customer relationships. It provides an opportunity to build on their respective strengths while ensuring customers continue to benefit from the specialist knowledge, products and services they have come to expect.
Brett Marsden, Partner at bk plus, said:
“It was a pleasure to support Russells on their acquisition and be a part of their journey and long heritage serving the UK market. The deal widens the capabilities and will support the continued successes of the business.”
Paul Russell, CEO of Russell’s, said:
“I just wanted to thank you on behalf of Russell’s. We have never been involved in a share purchase transaction before and have been grateful for all your guidance and support.”