The premier source of transactional advice in the south east
Banner 1

Kreston Reeves advises Pre-Met Limited on asset purchase

Firm name(s)Kreston Reeves
Deal typeAdministration sale
Industry sectorEngineering

Kreston Reeves advised on the purchase of certain plant and machinery, stock and work in progress from a similar company which had gone into administration. Arrangements were also made to take over the relevant HP agreements for the company.

Ken Tonkin, Director, Pre-Met Limited commented, “Andrew Tate’s insolvency expertise has been invaluable when assisting with acquiring financially distressed businesses. He is professional, proactive, practical, and a skilled negotiator. Time is of the essence in these situations and Andrew and his team are always willing to give it their all to ensure a deal is reached in time. I would highly recommend both Andrew and Kreston Reeves”.

Adviser(s)Kreston Reeves, Thor Lion (Pre-Met Limited solicitors), Baldwins (administrators) and Squire Patton Boggs (administrators solicitors)
Completion date16th January 2019
no image