We are delighted to have advised Metrol Springs Limited on their sale to Lesjöfors AB.
Northampton based Metrol Springs Limited designs, manufactures and distributes gas springs, gas struts and motion control products to customers worldwide. The company is highly regarded for its innovative and high-quality gas springs for tooling in industrial applications.
Lesjöfors AB, part of the Swedish listed Beijer Alma Group, is a global leading spring manufacturer.
We advised the shareholders of Metrol Springs Limited on the initiation, preparation and execution of the transaction. Our involvement covered all components of the M&A process, including the identification of prospective key strategic buyers, deal negotiations, management of the due diligence process and support during the legal drafting and completion processes.
The acquisition will broaden Lesjöfors’ portfolio of gas springs whilst increase its global footprint and operational capabilities in the UK.
Utilising our international network and drawing on specific sector knowledge, we quickly identified and contacted a focused pool of strategic buyers.
Negotiations and deal structure were complex, but we were able to deliver fully against the Shareholders objectives, ensuring a smooth completion process.
We are hugely grateful to Grant Thornton for the support and advice received during the transaction process. They showed exceptional commitment throughout to achieve a positive outcome for us. The team’s dedication and expertise added value from start to finish, driving the transaction to a successful conclusion.Rob Lamb Shareholder, Metrol Springs Limited