By: 21 January 2021
Keebles advises on industrial services supplier share acquisition

Yorkshire law firm Keebles recently served as adviser to Rotherham-headquartered international industrial supplier Acorn Industrial Services on its share acquisition of Gloucestershire-based R W Bearings.

Keebles advised Acorn, a part of Swedish group Axel Johnson International, on the corporate aspects of the deal, which will enable the company to continue its growth, increasing both its regional reach and customer base.

James Burdekin (pictured), senior associate at Keebles, led on the deal and was supported by fellow associate Tom Rook.

Burdekin says: “We are pleased to have played a significant part in helping secure this investment for Acorn Industrial Services. This is a great opportunity and a good fit for Acorn in terms of size, geographical base and freedom of purchase. The company will also realise more direct purchase opportunities from R W Bearings.”

“It represents a very exciting opportunity for both Acorn Industrial Services and R W Bearings, and we look forward to seeing the impact it will have on Acorn’s continued growth and expansion of its regional reach and customer base.”

The corporate department at Keebles boasts sector expertise in advanced manufacturing, engineering, technology, healthcare and hospitality.