HCR Law advises on the sale of Nortech Management Holding Limited to Vestum UK Limited

Top 60 UK law firm, HCR Law has advised the shareholders of Nortech Management Holding Limited on its sale to Vestum UK Limited, who are part of the Swedish listed investment business, Vestum.

Founded in 1993, Nortech, based in the West Midlands, is a specialist electronics company and market leader in supplying monitoring and control technology to network and system operators.

The deal was advised on by HCR Law’s Midlands Corporate team.

HCR Partner and Head of the Midlands Corporate team, Alison Scott, led the team that were appointed by the shareholders, Dipl.-Ing. H. Horstmann GmbH and Julian Brown, and several minority shareholders, to provide legal support on the sale.

Alison Scott commented: “We are very pleased to have been able to advise the shareholders to bring this deal to a successful completion. Having worked with Nortech Management Holding Limited, Julian, and Dipl.-Ing. H. Horstmann GmbH for a number of years, we were delighted to have advised on this deal. We wish the sellers all the very best in the future.”

Julian Brown, Managing Director at Nortech added: We are delighted that Nortech is now part of the Vestum group, this acquisition is a real vote of confidence in our technology and our team. I’d thank the team at HCR Law, led by Alison Scott, their attentive professionalism made the legal process less stressful than it might otherwise have been. We’ve worked with HCR Law for almost 10 years now and will continue to do so.”

HCR Law’s expertise in mergers and acquisitions (M&A) continues to be recognised at both regional and national levels. In Experian’s latest UK M&A report, HCR Law’s Midlands team was ranked second in the region, cementing its position as a leading legal advisor for M&A transactions. The firm also retained its top ranking nationwide, reinforcing its reputation as the UK’s leading M&A legal advisor.