We are delighted to have advised FFEI Limited on their sale to Xaar plc.
FFEI Limited (“FFEI”) is a leading integrator and manufacturer of industrial digital inkjet systems and digital life science technology with many years of experience in managing technical integration and engineering projects.
Xaar plc (“Xaar”), listed on the London stock exchange, is a leading developer of inkjet technology and manufacturer of industrial inkjet printheads.
We advised the shareholders of FFEI on the execution of the transaction. Our involvement included deal negotiations, management of the due diligence process, support during the legal drafting and completion processes and the provision of tax advice.
Following an initial approach from Xaar the shareholders acknowledged the strong commercial and cultural fit between the two businesses.
Our extensive transactional experience was key to driving the transaction forward and resolving a number of complex issues.
Our ability to draw on wide ranging sector experience was critical in ensuring that the Shareholders objectives were met, and the transaction was brought to a successful conclusion.
Doug and Tom did a brilliant job in closing this transaction; we could not have done it without them. I’m really pleased to have selected a high-quality deal team with experience and commitment. This proved instrumental as the transaction evolved, with the Grant Thornton team drawing on their extensive experience to help navigate a number of unexpected and complex issues. I would not hesitate to recommend them as lead advisers.Andy Cook CEO, FFEI Limited