Corporate specialists from law firm mfg Solicitors have advised on the acquisition of a leading manufacturer of motorsport safety equipment.
The deal, led by corporate experts Phil Chapman, Lucy Harrold, and Sufyaan Aslim, has seen Coventry-based Lifeline Fire & Safety Systems acquire respected manufacturer, Willans Safety Harnesses.
The team at mfg played a central role in securing the acquisition of the business, acting as advisors throughout the transaction and providing guidance at every stage around the terms of the deal.
Founded in 1967, Willans Safety Harnesses has become a respected name in the manufacture and supply of FIA-approved safety equipment across the motorsport sector. The business, also headquartered in Coventry, now becomes part of Lifeline Fire & Safety Systems, which over the past 30 years has built a reputation as one of the world’s leading manufacturers of motorsport fire suppression and safety equipment.
Lucy Harrold, Corporate Associate Solicitor at Midland-based mfg Solicitors said: “This unique acquisition brings together two of the most respected names in motorsport safety and ensures the long-term future of the Willans brand, a company whose heritage has been woven into the fabric of global motorsport for nearly six decades.
“Since 1967, Willans has supplied safety harnesses to leading teams across Formula One, NASCAR, IndyCar and rallying, supporting numerous world championship-winning drivers and teams throughout its history.
“The transaction combines complementary product portfolios and brings together decades of specialist expertise in motorsport safety. Both companies share a common commitment to innovation, FIA compliance, quality manufacturing, and continuous product development.
“We were delighted to play our role in the deal and ensure the best outcome for both sides.”
Jim Morris, Managing Director of Lifeline Fire & Safety Systems added: “Willans Safety Harnesses is a fantastic business with a first-class reputation for its engineering excellence. I’m delighted to welcome it into our group.
“A key focus of the acquisition is the preservation and continued development of the Willans brand. Under our ownership it’s not just a new era, but customers, teams, and distributors can expect the values that have defined Willans for generations to remain firmly intact. The corporate team at mfg were instrumental in ensuring that we completed the acquisition within a tight timeframe, working closely with both me and other professional advisers involved.
“More than anything, the acquisition represents a positive outcome for the outgoing owners, ensuring that the business they have successfully built continues under the stewardship of another specialist motorsport safety manufacturer with a strong understanding of the technical demands, regulatory environment and its heritage.”
Readers looking for more information on mergers and acquisitions, can email Lucy directly at lucy.harrold@mfgsolicitors.com, or call 01562 820181.
mfg Solicitors has offices in Worcester, Birmingham, Kidderminster, Bromsgrove, the Black Country, Ludlow and Telford.
