Birketts advised SDI Group plc on the acquisition of Fraser Anti-Static Techniques Limited
4 November 2022
Birketts has advised SDI Group plc (SDI Group) on its acquisition of Fraser Anti-Static Techniques Limited (Fraser) in a deal estimated at approximately £16.9m.
Supporting businesses around the world, the AIM quoted SDI Group designs and manufactures scientific and technology products for use by the life science, healthcare, astronomy, consumer manufacturing and art conservation sectors. Its portfolio of brands help make huge strides in a number of industries, from supporting DNA and protein analysis, to enabling deep-sky astronomy imaging.
Fraser is a leading UK manufacturer of anti-static products which eliminate, clean, generate or measure static electricity in a variety of industries including plastics, packaging, printing, food processing, medical and pharma. Fraser, which joins SDI Group’s Sensors and Controls division, operates from sites in Brampton, Devon and Bristol, but has significant numbers of overseas customers and has its own offices in Shanghai, China and Dresden, Germany.
Partners Nick Burt and Adrian Seagers worked on the transaction with support from Stephanie Newman (Corporate), Julia Harlock and Charmaine Rolfe (Commercial Property), Olivia Toulson (Employment) and Robbie Watson (Tax).
Speaking after the deal, SDI Group’s CEO Mike Creedon said: “We are delighted to add Fraser to the Sensors and Controls division of SDI Group and that Bob Fraser, who founded the business in 1991, will continue to work with us as a consultant. The acquisition of this business a great step in our group growth strategy to acquire businesses with high quality products with export growth potential. This is the fourth acquisition this year that we have made with the Birketts team and their expert support and efficient advice helped us secure another successful transaction.”
Birketts partner Nick Burt added: “We are delighted to continue to have opportunities to work with SDI Group and are sure that Fraser will continue to thrive as part of SDI Group.”
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Nick Burt
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Adrian Seagers
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Stephanie Newman
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Julia Harlock
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Charmaine Rolfe
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Olivia Toulson
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Robbie Watson
