A READING-based builders’ merchants utilised the help of a town centre-based law firm during its recent sale.
Blandy & Blandy said that it helped shareholders of M’s Building Supplies during its transaction with Sydenhams Ltd.
After running a two-stage competitive process Sydenhams was selected as the preferred party to take over the business, established in 2012, and with an annual turnover of £3million.
The process consisted of 100% share sale of the business and a separate sale of the land and property.
Sydenhams is an independent family-run company with a long tradition of supplying timber and building materials throughout central and southwest England.
The sale of M’s provides Sydenhams the opportunity to develop and expand
Blandy’s Corporate partner David Few, assisted by solicitor Emma Ford, advised on the transaction, alongside Commercial Property partner Katja Wigham.
Rob Starr, corporate finance director at UHY, supported by Irfan Topia, corporate finance assistant manager, also advised on the deal.
For further information or legal advice, please visit www.blandy.co.uk.
