OTB Eveling recently acted as solicitors for the owners, Stuart and Allyson Morrison, on the share sale of Western Electrical Holding Limited to Marlowe Holdings Investments Limited. Western Electrical is the largest independent electrical wholesaler in the south west. The Buyer owns Edmundson Electrical, which is one of the largest electrical wholesalers in the country.
Richard Biggs, corporate partner at OTB Eveling, led the transaction for the firm, with legal assistance from Hannah Rashid on corporate matters, Keith Griffiths on the property aspects, Suzanne Belina on employment and Sam Morfey on commercial.
Richard said: “This was a deal which for commercial reasons both parties wished to conclude within a very short space of time and I was pleased that our team were able to achieve that aim.”