International Firm Expands UK Presence With The Successful Acquisition Of Three Businesses
Irwin Mitchell's corporate team has played a pivotal role in advising three businesses operating within the same group on their acquisition by Swiss group Sauter Automation.
The deal includes Redhill-based T4 Mechanical and Electrical Ltd, Lidex Control Systems Ltd, and React 4 Group Ltd - all of which will benefit from additional investment and overlapping synergies within the wider Sauter group of companies.
Adam Kaucher, corporate partner, led the team at Irwin Mitchell which included Gregory Mazgajczyk, Kieran Shields, and Jade Edgar (tax).
Expert Opinion
"We are proud to have leveraged our expertise in cross-border transactions to advise our clients on the successful sale of their businesses. We remain committed to assisting companies in navigating complex transactions and contributing to their ongoing success.” Adam Kaucher, corporate partner at Irwin Mitchell.
T4 Mechanical and Electrical Ltd was established in 2007 and offers mechanical and electrical services, including design and maintenance, to the buildings services sector across London and the south of England. Lidex Control Systems Ltd develops and installs energy management systems and controls, while React 4 Group Ltd is an expert in fire and security, delivering smoke ventilation systems, sprinklers, and wet and dry risers.
The T4 shareholders were keen to remain involved with the business and to realise capital, while also benefiting from future growth resulting from the outside investment and synergies with the acquirer. Sauter Automation, a Basel-based buildings technology group with subsidiaries across Europe, completed the deal via its UK subsidiary.
As a result of the acquisition, Sauter Automation will drastically increase its presence in the UK, while T4, Lidex and React 4 will benefit from additional investment and overlapping synergies within the wider Sauter group of companies.
Irwin Mitchell recently published its latest report examining foreign direct investment into the UK. The report can be downloaded from here.