Future of Imtech Suir secured by Endless acquisitionPrint news article
Walker Morris team supports Endless on latest acquisition, less than two weeks after Imtech UK MBO
A team of lawyers at Walker Morris has advised Endless LLP on its acquisition of Imtech Suir, the Irish arm of Dutch engineering firm, Imtech, in a deal which will secure the safety of over 700 jobs.
The deal comes less than two weeks after Endless completed the acquisition of Imtech’s UK Group, on which the Walker Morris team also advised.
Both deals will secure funding and the long term future for Imtech UK & Ireland as an independent business, led by the existing management team and safeguarding the future of approximately 2,500 jobs in the UK and Ireland.
Debbie Jackson led the deal, with support from Peter Considine in Finance Commercial.
Debbie Jackson, corporate partner who led the Walker Morris team said:
“The completion of the acquisition of the Irish business will provide these profitable businesses with the funds they need to grow and expand and secures the future employment of their employees.
We’ve completed on nine deals in as many weeks this summer, which is testament to the strength in depth and high calibre of our corporate and finance teams.”