UK Top 50 law firm Birketts has advised Pioneer Safety Group on the successful acquisition of two French manufacturers, Ex-Tech Signalling SAS and Ex-Tech Solution SA, French manufacturers of explosion proof electrical enclosures, control stations and audio/visual warning solutions.
Pioneer Safety Group, part of the Longacre Group, is a worldwide leader for explosion protection solutions, explosion proof products and explosion components.
Ex-Tech Signalling and Ex-Tech Solution, both headquartered in France, provide an extensive range of explosion products to end users, system integrators and OEMS for process control stations, control cabinets and audio/visual warning solutions.
The acquisition was led by Partner and Head of Corporate Rafael Ruiz, Devreaux Gravell (Partner, Banking and Finance) and Alex Price (Solicitor, Corporate).
Brian Quarendon, Pioneer Safety Group CEO said: “The group has a long-established history in supplying explosion proof control and warning solutions across a wide industry base, and with the addition of Ex-Tech Signalling and Ex-Tech Solution it provides a wider product portfolio to our customers, advances our leadership position within the ATEX and EX markets and supports the exciting growth strategy for the Group.”
Elliott Nicholson, Managing Director of Longacre Group which is Pioneer Safety Group’s parent company, said: “Birketts were very responsive and provided excellent support and advice in a short timeframe, working with lawyers in Norway and France to bring the acquisition to a successful completion.”
Rafael Ruiz, Partner and Head of Corporate at Birketts said: “Assisting PSG with this acquisition has been a privilege, as has been working with correspondent law firms in Norway and France, given the seller was a Norwegian entity, and the target businesses are both located in France. We are sure that the acquisition will result in great success, and look forward to working again with PSG.”
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