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Flint Bishop Helps Scaffolding Business Acquire Competitor
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Flint Bishop’s corporate department has helped UK scaffolding company NSG U.K. Ltd acquire scaffolding competitor MTD Scaffolding.
The law firm helped to negotiate the best deal for NSG, which is owned by international scaffolding, wheelbarrow and cement mixer specialist, Altrad.
MTD’s offering complements NSG’s product and service portfolio of scaffolding services, thermal insulation, access solutions, industrial painting and industrial cleaning. MTD’s client base includes building companies, Local Authorities and Plcs, providing NSG with expansion opportunities into Access for Social Housing.
Ray Neilson, Altrad Belle UK’s Managing Director, worked closely with Flint Bishop on the acquisition. He says: “This acquisition forms part of the bigger strategy to provide the UK market with Altrad products and services. Flint Bishop, professionally led by Ran Oren, were the ideal partners to ensure a successful deal was concluded quickly with the adequate protections required for all parties concerned. I would highly recommend Ran Oren and Flint Bishop.”
Ran Oren, Flint Bishop partner and head of corporate finance, says: “I was delighted to assist the Altrad group on its ambitious expansion plans. There were clear synergies between NSG and MTD, which I have no doubt will deliver fantastic results for customers and stakeholders”.
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