Share This
Shakespeare Martineau’s Birmingham office has supported Hayward Tyler Fluid Handling (HTFH) – part of Avingtrans’ process solutions and rotating equipment division – with its acquisition of Transkem Plant Limited, which manufactures mixers and agitators for blue chip companies.
The deal will see Transkem’s operations move 14 miles south from Hillington, near Glasgow, to HTFH’s site in East Kilbride. The firm’s managing director Stuart Gibson will head up the new combined operation under the HTFH brand.
Full service law firm Shakespeare Martineau acted on behalf of HTFH, including through its Scottish property expert Amal Kaur.
Corporate partner Keith Spedding, who led the deal, said: “It has been a pleasure to once again support our long-standing client Avingtrans, this time via its process solutions and rotating equipment division. For more than a decade, we’ve seen the firm implement and progress its strategy and we’ve been able to support this with our international, corporate and MedTech expertise.
“The acquisition brings together two respected names in the processing industries – helping to expand their offering for new and existing customers across the globe.”
HTFH designs, manufactures and services performance-critical electric motors and pumps to meet the most demanding of applications for the global energy and chemical industries.
Austen Adams, managing director of Avingtrans’ process solutions and rotating equipment division, said: “Transkem is well-known for designing and manufacturing specialist mixers for the pharmaceutical, petrochemical, food and beverage industries.
“This fits neatly with HTFH’s expertise producing pumps and valves, as well as our in-house mixer testing capabilities. By consolidating the two businesses, we can expand our offer for new and existing customers around the world, becoming a more rounded fluid handling provider and creating a strong foundation for future growth.
“Jennie Davis and the Shakespeare Martineau team did another excellent job.”
Transkem, which was founded in 1934, is a founding member of the Fluid Mixing Process Group at Cranfield University – playing a key role in the development of the fluid mixing design guide, which remains the basis of mechanical mixer designs to this day.
Get In Contact
Keith advises companies (both public and private), partnerships and their owners on all aspects of corporate and partnership law.