Birketts advises Milbank Concrete Products on Cadman Cranes acquisition

Published: 05/09/2016

Birketts, the leading law firm, has advised Milbank Concrete Products (Milbank) on the acquisition of Colchester-based company Cadman Cranes.

Milbank, which was founded in 1947, is one of the UK's leading manufacturers of high quality precast concrete, based at Earls Colne, Essex. The addition of Cadman Cranes to the Milbank group will increase their capabilities within the construction industry, allowing them to offer further services to help their customers achieve success. Milbank is pleased to welcome Cadman into the Milbank Group, and add to their 165 plus strong workforce.

The independent union of Milbank and Cadman Cranes took effect on 1 September 2016.

Birketts advised on all legal matters and James Allen, Partner in Birketts' Corporate Team, led the transaction supported by various other specialists across the firm including Ed Savory and Laura Ing-Beaufils.

Sean Milbank, Chairman of Milbank Concrete Products said: "Throughout the transaction the Birketts team was highly responsive and efficient. Birketts is well-known for having construction-industry expertise as well as providing a premier corporate law service. When you add to that the levels of client service we received it is easy to see why the firm is held in such high regard."

James Allen, said: "It has been a pleasure to advise the Milbank Board on the purchase of Cadman Cranes which will see two of East Anglia's finest firms unite. This acquisition provides the ideal platform for Milbank Concrete Products to capitalize on the growth opportunities from within the UK construction industry as well as branch out into other sectors. I look forward to watching the business continue to go from strength-to-strength."

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