Corporate team act for A.W Lumb in acquisition by Lords Group
Chadwick Lawrence’s Corporate team has recently acted for A.W Lumb independent builders merchants in relation to Lumb’s acquisition by Lords Group for in excess of £23m. Chadwick’s corporate team was led by Sarah Hemmings, Bradley Adams and Steven Bonfield with input from specialist solicitors in the Firm’s Employment and Commercial Property departments.
Lumb is a leading independent builders merchants with a stronghold in the North and Midlands geographic markets. The acquisition supports Lords strategy of gaining market share through geographic expansion and product range extension and recognises Lumb’s highly regarded product supply and service in the marketplace.
Lumb is a long-standing client of the Firm and their management team was represented by the Corporate department in a Management Buy Out in 2017.
Sarah Hemmings of the Firm’s Corporate team said: “It has been an absolute pleasure to work again with the management team of Lumb in the next stage of their commercial journey. Amalgamation with Lords is an exciting opportunity for both teams to cement and strengthen their leading industry expertise going forward. We wish both Lumb and Lords every success for their future growth.”
A spokesperson for A.W. Lumb said: “During our recent company sale, we had the pleasure of working with Sarah and Brad, receiving professional advice through the inevitable sticking moments on a complex transaction. They were always available even outside the scope of normal working hours. This was the second occasion we have called upon Chadwick Lawrence for their services in a commercial transaction and a successful conclusion was achieved on both occasions.”
Contact: Sarah Hemmings (Associate), Corporate and Commercial Department, Chadwick Lawrence LLP at firstname.lastname@example.org
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