Holmes & Hills acted on the sale of the entire issued share capital of Braintree Electro Platers Limited based in Braintree, Essex to Maycast-Nokes based in Halstead, Essex.
The acquisition of Braintree Electro Platers will enable Maycast-Nokes, over time, to provide surface finishing services to its own customers, providing them with an end-to-end service through casting, machining and finishing processes, whilst also building on the existing profitability of Braintree Electro Platers.
Since 1971, Braintree Electro Platers has been a trusted name in metal finishing, supporting industries with reliable, high-quality treatments. The acquisition has enabled ex-owner Alan Joyce to take a step back from his day-to-day role and free him up to help the partnership strengthen the group’s ability to innovate, expand services, and deliver consistent results built on more than thirteen decades of combined expertise.
Commenting on the transaction Alan Joyce said, “It is an exciting time for the company, and I look forward to supporting Maycast-Nokes in taking the business forward. A special thanks to Matt Downing and the team at Holmes & Hills, they have been excellent in guiding us through the transaction. I would highly recommend them to others looking to sell their business”.
Matt Downing, Partner and Head of the Corporate Team at Holmes & Hills who led the sale side of the transaction, added “It was a privilege to work with Alan and the team on this transaction. Supporting sellers who have built successful businesses through the legal complexities of a sale is incredibly rewarding, especially when it fosters a strong, collaborative partnership with the buyer.”
Matt Downing was supported by Laura Gale (who led on the commercial property aspects with her team), Charlotte Holman (who led on the employment aspects) and Sarah Hawkins, a paralegal in the Corporate team.
The sellers were also advised and supported during the transaction by the team at Rickard Luckin.
Rob Dukelow-Smith, Forward Corporate Finance Director led the advisory process from the buyer’s side working collaboratively with all parties and advisors throughout the transaction.
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