Womble Bond Dickinson (WBD) has advised Midlothian-based The NWH Group, a waste management company serving the whole of Scotland and Newcastle, on its acquisition of the business and assets of J&J Stanley Recycling, located in Tyne And Wear. The deal, secured through a pre-pack transaction, also involved a team from specialist business advisory firm, FRP.
The acquisition has saved a number of jobs, bringing NWH’s headcount to 354, and expanded the firm’s recycling facilities with the addition of J&J Stanley’s 4.87-acre waste recycling site in Blaydon. The deal also adds around £5m to The NWH Group’s annual turnover.
The WBD team advising NWH on the acquisition was led by partner Sam Dixon, managing associates Nicola Guss and Francesca Hodgson and associates Asa Buchanan and Laura Daniels. The team provided key legal expertise on restructuring, insolvency, property, regulatory and employment issues.