Transatlantic business sale led by Corporate & Commercial Team at Ellisons Solicitors
Seamus Clifford's team represented a UK packaging solution company in their recent sale to American buyer, JBT Corporation.
Ellisons Solicitors' Corporate and Commercial team, led by Seamus Clifford, recently represented the shareholders of International Packaging Solutions Ltd (parent company of PLF International Ltd - “PLF”) in the sale (UK£28 million) of the company to American buyer, JBT Corporation (“JBT”). The deal closed on 31 July 2017.
PLF, founded in 1994, specialises in the design and manufacture of powder filling systems which are used worldwide, including in the global food and beverage markets. Chicago based JBT is a worldwide employer and a technology solutions provider to high-value segments of the food and beverage sector.
Seamus comments: “We have worked alongside Mark and his team at PLF for a number of years. It has been a pleasure to witness the growth in the business and to be able to assist the shareholders in implementing their exit strategy.”
Go-to lawyers for M&A advice in the East of England region
The complexity and value of this transaction is further proof of how Seamus' team have cemented their position in the corporate marketplace as an experienced go-to team providing support and advice in high value mergers and acquisitions.
Further legal input throughout the sale was provided by David Heller (corporate solicitor), Nathan Howe (corporate trainee), Philip Roberts (commercial property partner) and Julian Outen (employment partner).