Wheel Solutions, based in Cannock, Staffordshire, is one of the UK’s largest independent suppliers of wheels, tyres, wheel assemblies and other components and also has a base in Northamptonshire which specialises in chassis for the leisure lodge and residential park home market.
The acquisition of Gateway Chassis, based in Kingston-upon-Hull, which manufactures chassis for the leisure market including caravan holiday homes and leisure lodges, is a great addition to and perfectly complements the existing business of Wheel Solutions.
Legal advice was provided by the Ansons Solicitors corporate law team, led by head of corporate and commercial law, Hilary D’Cruz, and supported by corporate solicitor Jamie Gill and commercial property solicitor Laura Pyatt.
Commercial finance advice was provided by Roy Farmer and Rob Wilson of Dains Corporate Finance and funding for the transaction was provided by Barclays Bank plc.
Hilary D’Cruz, head of the Ansons corporate and commercial team said, “Wheel Solutions is a large independent local business and it was a pleasure to advise Steve and his team on this transaction which will further develop Steve’s presence in the industry. We were able to use our knowledge and experience of the manufacturing industry to give Steve the advice that he required.”
This article is for general information purposes only and does not constitute legal or professional advice. It should not be used as a substitute for legal advice relating to your particular circumstances. Please note that the law may have changed since the date this article was published.
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