Lambert, Roper & Horsfield, The Corporate Finance Network’s member firm in the Mid Yorkshire region have assisted their client with the purchase of a company out of liquidation.
The client had been working with LRH previously, and approached Nick Frost when they were considering the purchase of a manufacturing company who had unfortunately suffered as a result of the difficult economic climate, and was in the hands of the liquidator.
Nick entered into negotiations with the liquidator, and acquired the company name, all existing stock, property, most of the fixed assets and the trade, for a consideration of £200,000
The deal was completed in December 2009, with the client looking forward to adding this business to their existing ventures.
