The Camlee Group has advised the shareholders of MC Refrigeration Limited on their cross-border sale to PE-backed Nordic Climate Group. Wellingborough-based MC Refrigeration specialises in the installation, maintenance, removal and disposal of commercial refrigeration display equipment and cold rooms. The business serves clients across the UK, including major high-street and national branded operators, with engineers located nationwide. Nordic Climate Group, headquartered in Sweden, generates approximately £400m in annual revenue and received investment from Altor in 2022. NCG is the leading provider of energy-efficient cooling and heating installations, and the acquisition is intended to strengthen its presence among customers in the retail, logistics, industrial and commercial property sectors. Chris Murthi acted as lead adviser on the transaction.
The Camlee Group has advised the shareholders of Shire Structures Limited and Shire Consulting Limited (collectively “Shire UK”) on their sale to private equity-backed French counterpart, Résilians Group. Bromsgrove-based Shire UK is a leading provider of consultancy and building stabilisation solutions to UK insurers. The business delivers end-to-end structural engineering and foundation services through a wide range of patented solutions. Résilians, a French organisation specialising in insurance repair and structural engineering services, is backed by French private equity firm Motion Equity Partners. The group generates approximately €340 million in annual revenue and employs around 1,900 people. Chris Murthi acted as lead adviser on the transaction.
The Camlee Group has advised the shareholders of UFHN Limited on its sale to Purmo Group Plc. UFHN is based in Wimborne in the south of England, specialising in the design, supply, and installation of hydronic and electric underfloor-heating systems, heat pumps and controls. Purmo Group Plc is a Finnish company operating in the indoor climate solutions sector generating approximately £600m in annual revenue and currently operates out of 23 countries. Chris Murthi acted as lead advisor on the transaction.
The Camlee Group has advised the shareholders of Almec Fencing on its sale to Outco, a leading provider of outdoor maintenance across the UK. Almec Fencing specialises in the manufacture, supply, and installation of domestic, commercial, and industrial fencing. The vendors will remain within the business alongside the new owners and the acquisition will allow the wider Outco group to enhance its fencing offering to better service its clients. James Allmand-Smith acted as lead advisor on the transaction.
The Camlee Group has advised the shareholders of a construction and infrastructure company on its Management Buyout (MBO). The company provides design, building and maintenance services, working with tier one contractors and local authorities. The founders will remain within the business alongside the existing management team who are now also shareholders. James Allmand-Smith acted as lead advisor on the transaction.
The Camlee Group has advised the shareholders of 24hr Aquaflow Services on its sale to AIM listed REACT Group, a specialist cleaning and soft facilities management services provider in a deal worth £7.4m.
24hr Aquaflow Services is a commercial drainage and plumbing services company established more than 20 years ago and operating in London and parts of the South East.
In the financial year to 30 April 2024, it generated unaudited revenue of £6.1m, gross profits of £3.4m and adjusted EBITDA of £1.2m.
Andrew Prigg acted as the lead advisor on the transaction.
The Camlee Group has advised the shareholders of CEDA Chemicals Limited on its sale to Ravago Chemicals, a global chemical distribution company with a leading position in the EMEA and North America region. CEDA Chemicals distributes a wide range of speciality chemicals throughout the UK, Europe and South America into many different industry sectors. Jessica Riley acted as the lead advisor on the transaction.
The Camlee Group has advised the shareholders of Apollo Housewares Limited on its sale to Fackelmann Brands UK Limited, a leading global manufacturer and distributor of kitchen tools and gadgets, baking, home, leisure and bathroom products. Apollo Housewares is a leading UK-based provider of value driven home and kitchen products. Importing from worldwide sources, and supplying B2B trade customers in the UK and Ireland. Andrew Prigg and Sam Oldfield acted as lead advisors to the shareholders.
The Camlee Group has advised the shareholders of EB7 Limited on its sale to RSK, an engineering and environmental consultancy group. Founded in 2007 and based in London, EB7, is a leading consultancy firm specialising in rights of light, party wall, neighbourly matters, and visualisation. Their work is focused on offering holistic solutions, predominantly in the property and construction sector and operates nationwide. James Allmand-Smith acted as lead advisor to the shareholders.
The Camlee Group has advised the shareholders of Unique Car Mats (U.K.) Ltd on its sale to a European automotive accessories company. Established in 1989, Unique is a manufacturer and supplier of bespoke car mats, boot liners and accessories. Chris Murthi acted as lead advisor to the shareholders.
