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New era of ownership ensures business’s future
Law firm Brachers, a Patron of Kent Invicta Chamber, has advised Kingsdown Compressed Air Systems on its acquisition by Atlas Copco Group.
Founded in 1996, Kingsdown Compressed Air Systems is a distributor of compressed air and other equipment. The Kent-based business serves customers in a wide range of manufacturing industries, such as food and drink, textiles, printing, and advanced manufacturing.
Atlas Copco Group, a multinational manufacturer headquartered in Stockholm, boasts a wide offering including compressed air and vacuum solutions.
Kingsdown will continue to operate as a standalone company within Atlas Copco Compressors UK.
The Brachers corporate team was led by James Bullock (Corporate Partner) and Alistair Wickham (Corporate Associate) and included Cameron GastonPenny (Corporate Solicitor) and Charlotte Berthel (Legal Assistant).
Sam Baker, Managing Director of Kingsdown Compressed Air Systems, said: “Given the strong history under Baker family ownership, as I exit the business to pursue other ventures, it was vital for me to ensure Kingsdown’s loyal customers and staff benefit under a new era of ownership, and that the business continues to grow. As a global market leader, Atlas Copco offers this opportunity for all.
“Many thanks to James, Alistair and Cameron, as well as everyone else at Brachers who worked on this deal. I really couldn’t have asked for was fantastic.”
Alistair Wickham said: “It was a real pleasure to support Sam on this deal which will enable Kingsdown to further its growth whilst continuing to offer an excellent service level to its clients. Sam’s positive attitude and commitment will hold him in good stead in all his future endeavours and we all wish him the best for the future.” www.brachers.co.uk