SWARCO AG’s Acquisition Of HITEX Group

In UK Walker Morris, advised on the matter.

Walker Morris advised Swarco AG with a team including Andrew Northage (Competition Law), John Hamer (Picture – Corporate M&A), Andrew Rayment (Employment), Adam Reed (Real Estate).

Under the terms of the agreement Swarco will acquire 100% of the share of the family-owned HITEX Holdings Limited for an undisclosed sum.

The HITEX Group, whose origins date back to 1972 when road marking contractor L&R Roadlines Ltd. was founded, is based in Ellesmere Port at the banks of River Mersey south of Liverpool.

The companies of the group work in the field of road safety, being a producer of road marking materials and decorative surfacing products (HITEX Traffic Safety), a contractor for road marking services (L&R Roadlines), and a manufacturer of road marking vehicles and machinery (Somerford Equipment).

John Hamer (Picture), Head of Corporate at Walker Morris led the deal with support from Will Proctor, (Corporate), Ryan Doodson (Commercial), Andrew Rayment, Dominic Mantle and Samantha Paulin (Employment), Andrew Northage, Claire Burrows, Jessica Padget and Francesca Poole (Regulatory), Adam Reed (Real Estate), Ruth Bamforth (Pensions), Alan Harper and Matt Lingard (Intellectual Property & Trade Marks).

Involved fees earner: Ruth Bamforth – Walker Morris; Claire Burrows – Walker Morris; Ryan Doodson – Walker Morris; John Hamer – Walker Morris; Alan Harper – Walker Morris; Matthew Lingard – Walker Morris; Dominic Mantle – Walker Morris; Andrew Northage – Walker Morris; Jessica Padget – Walker Morris; Samantha Paulin – Walker Morris; Andrew Rayment – Walker Morris; Adam Reed – Walker Morris;

Law Firms: Walker Morris;

Clients: Swarco AG;

Author: Giulia Di Palma