09 May 2014 #Corporate
Clarkslegal’s corporate team, led by solicitor Phillipa Hobbins, successfully advised the shareholders of long-established packaging distribution businesses PSD Industrial Holdings Limited and Lane Packaging Limited on the sale to a PLC.
Selling shareholders, Michael and Gordon Lane were pleased with the outcome: “We are extremely grateful to the team at Clarkslegal for their unwavering support and work ethic, and for the professional and tireless manner in which they worked to close the transaction under significant time pressures. Despite the difficult timescales, we felt assured, well supported and well advised throughout the sale process and would have no hesitation in recommending the Clarkslegal corporate team.”
Phillipa was pleased with the outcome and the role of her team, commenting: “The sale was completed under immense time pressure and I was delighted for Michael and Gordon on completion. To complete the sale in such a short timescale it was imperative that all parties worked together to produce the desired result. It was fantastic to see Michael and Gordon’s hard work rewarded and I wish them success in their future endeavours.”