IBB Law advise Bellstan Limited on their sale of issued share capital.
IBB Law is delighted to have advised the Shareholders of Bellstan Limited on the sale of the entire issued share capital in the company, to WJ South Limited.
The IBB team consisted of Adam Dowdney, Partner and Ami Bhatt, Senior Associate in the Corporate Commercial Team and Jeff Elphee, Partner, Commercial Property. IBB’s cross-practice team was able to advise on both the commercial and property aspects of the deal and ensure that it was negotiated in a very short timescale.
Founded in 1969, Bellstan operates throughout the UK, offering high-quality road markings, reflective road studs and road surfacing services. Bellstan Limited maintains its place at the leading edge of the market by developing innovative products and processes to meet its clients’ bespoke requirements.
Adam Dowdney said of the transaction:
We were delighted to act for Julian and Stefan on this transaction and also to work alongside Lee at Vale & West. We always enjoy working with local business owners and advising them through disposal process to ensure they get full value for their hard work and are suitably protected in their legal documentation.
There were some considerable time pressures but all parties worked flexibly to structure a deal that worked for all. We wish Julian, Stefan and WJ South Limited every success in the future.
Julian Zaremba, a director of Bellstan Limited and one its two main shareholders prior to the sale, commented:
Both Stefan and I were very pleased with the way that IBB Law handled the sale of our business. We knew it would be stressful, but Adam, Ami and their team made a huge difference, providing an extremely professional Service. The attention to detail, coupled with their personal approach helped to smooth out the process. The team’s commitment to the outcome we wanted was demonstrated on many occasions, with some very late, last minute negotiations! They were patient and always found time to fully explain all aspects of the sale and we were both confident, that our best interests were in the forefront of everything they did. Thank you IBB Law.
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