Verder bulks up with acquisition

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THE Leeds corporate team at law firm, Weightmans, has advised Verder Group on its acquisition of Fullwood Packo Group.

Verder Group has acquired the 230-year-old corporate group, which has expertise in areas including dairy and industrial processing equipment for use in the food and pharmaceutical sectors.

The acquisition will strengthen Verder Group’s position in the hygienic and food processing applications and industrial pump sectors.

At the same time, it creates an opportunity for the group to enter the milking systems business, with Fullwood’s technological capabilities and position in the European market.

Together the combined group will employ almost 1,500 people. The Weightmans team was led by Haroon Younis and Michelle Mathers, who provided corporate support and assistance, with support from Ben Collins (Corporate), Haydn Rogan (Tax), Nick Newman and Mark Poulston (Employment and Pensions) and Nigel Price (Real Estate).’

Ms Mathers, the corporate partner at Weightmans Leeds office, said yesterday: “This was a significant deal, involving companies in the UK, Czech Republic, Netherlands, Belgium, France and Ireland.”