Bristol-based engineering company Leviathan are growing ever-bigger in size and celebrating their acquisition of the majority shareholding of UKP – Exeter’s UK Precision Engineering.
The deal, brokered by Harrison Clark Rickerbys’ (HCR) Rachael Reeves and Louisa Leach, means that Leviathan can continue their growth, following last year’s acquisition of the majority shareholding of GMD Eurotool Ltd (GMD).
UKP manufacturers a range of parts for sectors including motorsport, medical, marine and defence, as well as providing a detailed engineering support service. Leviathan’s acquisition brings additional expertise and skills to an already established company who have 25 years’ experience in the sector.
Corporate Partner Rachael Reeves, who led on the deal, said: “This is the second deal we’ve been able to assist Leviathan Engineering achieve – it’s excellent to be able to help them to continue their growth and expand further into the manufacturing sector. I wish them, and UKP, a long and successful collaboration.”
Glenn Karlsson of Leviathan said: “The work of Rachael, Louisa and their team was fantastic on this acquisition, and are already engaging again on our latest acquisition opportunity. We anticipate a tremendous level of growth over the coming 12 months and HCR will be at the centre of helping us achieve those industry leading targets.”
Harrison Clark Rickerbys has more than 800 staff and partners based at offices in Cheltenham, Birmingham, Cambridge, Cardiff, Central England, Hereford, London, Thames Valley, Worcester and the Wye Valley, providing a complete spectrum of legal services to both business and private clients regionally and nationwide.
The firm has global reach via its network of independent law firms, LawExchange International. It also has a number of highly successful teams specialising in individual sectors, including health and social care, education, technology, agricultural and rural affairs, finance and financial services, defence, security and the forces, and construction.