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Client: Shield Group
Area of Law: Corporate
Complex multi-million pound group re organisations do not phase us
We advised in the highly complex multi-million pound group reorganisation of Shield. The reorganisation essentially involved splitting two companies – made up of various businesses including those for property investment, different types of engineering and an aluminium foundry – into 12 separate entities.
The financial benefits of this are three-fold: to motivate and reward the management personnel of each business, to access government grants for smaller businesses, and to reduce overall utility costs.
The work involved more than 240 separate documents and took almost six months to implement. In conjunction with tax specialists, we successfully accessed a hugely beneficial tax environment for our client.
240
separate
documents
6
months to
implement
£70m
redistributed
The government has announced a series of measures designed to support business through the uncertainty and challenges caused by the coronavirus pandemic. We marry the corporate, commercial and legal worlds, alongside our extensive network of industry connections and broad knowledge, to provide you with formula that will guarantee your success.
Call us on 0330 024 0333 to find out more
about what we can do for you