Watson Farley & Williams (“WFW”) has advised SMT GB (“SMT”) on its acquisition of the entire issued share capital of Agg-Pro Ltd. (“Agg-Pro”).
This acquisition is part of SMT’s strategy to expand and secure its place as a leader in the distribution and rental of aggregates processing, crushing, screening and recycling equipment, providing sustainable and integrated solutions.
SMT is a leading full-service distribution company and after-sales partner, specialising in construction, material handling and recycling equipment. SMT also markets Volvo Construction Equipment products in Great Britain.
Agg Pro is a specialist equipment supplier to the quarrying, waste management and recycling sectors including crushing and screening equipment.
The multi-disciplinary WFW London team that advised SMT was led by Corporate Partner Christina Howard supported by Senior Associate Flo Childs and Associates Alice Halpin, Sarika Parmar and Laura Izquierdo. Partner Devan Khagram and Associate Charlotte Herrington provided employment law expertise and Partner Hetan Ganatra and Senior Associate Peter Rutledge advised on real estate matters. Finance expertise was provided by Partner Daisy East and Associate Patrick O’Rourke, with Partner Richard Stephens and Associate Pip Moss advising on tax matters. Partners Solange Leandro and Nick Walker and Associates Kayla Gild and Hamish Ungless provided regulatory advice.
Christina commented: “I am delighted that we were able to advise our long-standing client SMT GB on this key acquisition that helps drive their expansion strategy and highlights their commitment to recycling and the environment. We were able to help them close the deal thanks to WFW’s ability to provide first class legal expertise across all key service lines”.
SMT Inhouse M&A Advisor Nicolas Galoppin added: “SMT is thankful for the impressive, bright and efficient support from Christina Howard and the whole WFW team throughout this transaction, which allowed for a timely and perfectly calibrated completion of this highly strategic acquisition”.
