Wedlake Bell LLP, together with its TELFA counterpart Legalitax, has advised the Italian (and international) company Arneg SpA ("Arneg"), a leading manufacturer of equipment for the retail sector, on its acquisition of the UK supermarket refrigeration manufacturer, Manor Concepts Limited ("Manor Concepts"). The value of the transaction was not disclosed.
Manor Concepts has been trading in the UK for over 18 years, manufacturing and providing the major UK supermarkets with refrigerated cabinet refurbishment services. For over a decade, it has been developing and marketing its own range of retail display cabinets. Manor Concepts has a strong team of experienced engineers, who develop bespoke and innovative new products, making it a UK leader in retail display refrigeration.
The manufacturing capabilities at Manor Concepts will strengthen the existing Arneg dealership network. It will provide Arneg with access to a local production and development facility and allow Arneg to continue to provide the highest level of service to its clients worldwide.
Janice Wall, a partner and head of the corporate team and Richard Belsey, a senior associate in the corporate team, led the transactional team for Wedlake Bell together with Franceso Camilotti from Legalitax. Lawyers from Wedlake Bell's tax, real estate, IP, employment and pensions & employee benefits teams were also part of Arneg's transaction acquisition team...