Stratton Creber Commercial (SCC) and law firm Womble Bond Dickinson (WBD) advised longstanding mutual client Plymouth Community Homes (PCH) on the sale of part of its manufacturing business to local company Karsal Manufacturing Ltd.
The acquisition of PCH’s window manufacturing operation will save and create jobs in Plymouth and support Karsal Manufacturing’s expansion plans by increasing its manufacturing capacity in the city and wider region.
SCC Managing Director, Chris Ryland, says: “I am delighted to have supported PCH throughout this transaction. As a result of this deal, a manufacturing business is staying local and important skilled jobs are secured for our City”.
Craig Moore, partner and head of WBD’s Plymouth office, said: “Helping our clients to support the South West economy is an important strategic goal for WBD. We’re thrilled to have acted for PCH on the sale of some of its assets, which will safeguard and create jobs in the region and support the growth ambitions of a local manufacturing business.
“Our ability to provide a multidisciplinary, full legal service, as well as our understanding of the client and the local market, meant we were able to secure the best possible outcome for PCH.”
Gill Martin, Director of Corporate Services at PCH, said: “It’s really important for us to have access to the level of experience and technical expertise from a local team with the resources of a large national firm. We’ve been working with WBD for many years and are grateful for the excellent legal service it offers. The firm’s track record in the manufacturing sector really shone through and played a big part in the successful completion of this deal.”