Bermans Oversees Buyout of North Wales Haulage and Vehicle Servicing Business
Bermans has helped oversee an acquisition of NPC Commercials, a North Wales haulage and vehicle servicing and repairs business.
Based in Wrexham, NPC Commercials operates a fleet of tipper wagons, box trailers and curtainsiders that carry out haulage across England, Scotland and Wales for construction, landscaping, retail and industrial clients.
The £1.5m-turnover business has been acquired by NPC Billington, a newly-formed company led by Gary Billington and including his daughter Georgi Billington and Callum Watkins, who has taken up the role of operations director at NPC Commercials.
Bermans acted for Gary Billington and his colleagues on the acquisition. The team was included client partner James Harris, with corporate advice from partner Charlotte Mills, property assistance from Cosmin Armene and employment advice from Alex Murray.
Oliver Wadlow, of corporate finance firm Alinea, and James Hargreaves, of accountancy practice Hargreaves & Woods, also advised the buyout team.
Georgi Billington said: “NPC Commercials is a successful, well-run business which ticked all the boxes for us. This acquisition aligns perfectly with our vision, with scope to expand and enhance our product and service offerings while also improving the customer experience.
“Bermans played a key role in navigating the complex legal aspects of the sale and ensured it was a smooth and efficient transaction.”
Nick Pendleton said: “It was a great pleasure to do business with Gary and his great team. Their acquisition of NPC Commercials will help the company grow, and the future for the business and all the staff is very exciting.”
Charlotte Mills said: “NPC Commercials is a lovely local business and Gary has been keen to get involved from day one. I’m delighted we’ve been able to advise him on the transaction and wish him and his team all the best for the future.”