04 April 2014 #Corporate
Clarkslegal has successfully advised the world-leading manufacturer of products and systems for LP gas cylinder filling, Kosan Crisplant A/S, on its purchase of Swansea based LP gas engineering company, RMS Gas Engineering Limited.
The acquisition expands KC ProSupply, Kosan Crisplant’s trading division that supplies gas-related components and equipment as well as consultancy services to the gas industry worldwide.
Lars Karlsmose, Financial Director, highly appreciated the services provided by Clarkslegal throughout the process:
“The Clarkslegal team has managed the process efficiently and provided valuable advisory during the different stages, leading to a good result for Kosan Crisplant. We can highly recommend the Clarkslegal M&A team.”
Ashan Arif was pleased with the outcome and the role of his team, commenting:
“This represents a significant strategic acquisition for Kosan Crisplant in the UK and I am delighted that we have played a leading role in successfully concluding this purchase. Negotiations were not always straight forward and significant last minute issues posed some threat to the deal but the parties, together with the advisors, demonstrated a real desire to get the deal over the line.”