Skilled solicitors from Joelson’s Company and Industrial crew have assisted Sunmagic Juices Restricted (Sunmagic) with its acquisition of recent property from Cott Drinks Restricted.
As a part of a divestment settlement with the Competitors and Markets Authority (CMA) following a merger between Refresco Group N.V. and Cott Company Inc., Cott Drinks Restricted needed to promote its Aseptic A-PET bottling plant in order that the merger might go forward. Aseptic bottling is a top quality and sterile course of used within the manufacturing of fruit juices, smoothies and juice drinks, and vitamin waters.
Having recognized a chance to broaden its portfolio of producing capabilities, Sunmagic requested Joelson to help with the acquisition, having labored with them on different acquisition tasks.
Peter Felix Industrial Director of Sunmagic commented: “We labored with Joelson on the acquisition of our freshly squeezed juice enterprise in 2016, and located they offered skilled technical recommendation allied with sound industrial considering. Subsequently it was an apparent and straightforward alternative to pick out Joelson for this transaction”.
In the course of the transaction the Joelson Company and Industrial crew, which included Richard, Phil Hails-Smith, Maria Michael and Jacob Flowers, coordinated the technique for the acquisition and negotiated the core paperwork, liaising with each the property crew (Paul Sprague, Tegan Leblon, Andrew Clissold and Michael Buddy) and employment crew (Jennifer Maxwell-Harris and Reema Jethwa) for enter on the respective facets of the deal.