DLA Piper has advised Naylor Concrete Products on the acquisition of the business and certain assets of concrete fencing manufacturer Procter Fencing.
Procter Fencing is a manufacturer and supplier of concrete fence posts and ancillary products. The business has a turnover of GBP3.3 million, is based in Garforth and employs 32 people.
Naylor Concrete Products Ltd is based at Barugh Green, Barnsley and is part of Naylor Industries plc, a fourth-generation family group of manufacturing businesses. The company has been manufacturing prestressed concrete lintels for over 50 years.
The DLA Piper team was led by Sheffield-based Corporate partner Rob Mckie, assisted by senior associate Sarah Riley (Corporate) and associate Nick Rouke (Real Estate).
Sarah Riley commented: “We are really pleased to be able to help Edward Naylor and the Naylor Group with this acquisition; a great client and exciting times ahead for the new business.”