Pictured above: Robert Lee
A worldwide leader in fishing tackle manufacturing can now cast
its net over a deeper client pool thanks to a Midlands law
firm.
Wright Hassall has acted on a multi-million euro deal to reunite
US-based Zebco Brands with Zebco Sports Europe whose head office is
in Germany.
The two companies previously had the same corporate parent until
a management buy-out in 2001.
Since then Zebco Brands has operated in the Americas and Asia,
while Zebco Sports Europe continued to develop its business in
Europe, the Middle East and Africa, under the ownership of Peter
Delwes.
Delwes will remain as managing director of Zebco Sports Europe
and report to Zebco Brands President, Jeff Pontius.
And it is forecast that Zebco Brands' acquisition of Zebco
Sports Europe will lead to further major growth on an international
level.
Robert Lee, Head of Corporate at Wright Hassall, acted on the
deal for Zebco Sports Europe which involved the sale of its
business and assets in the UK, France, Germany and USA.
He said: "We have worked with Zebco Sports Europe for over eight
years and have supported their sustained growth over that
period.
"This just goes to show the versatility of our corporate team
and that is highlighted by this particular deal.
"The management of this complex corporate project required
cooperation with a network of lawyers across Europe and the US,
something we are more than comfortable with.
"Both parties were happy with the final outcome and this
agreement should enable them to prosper for the foreseeable future
as it provides the opportunity to expand across Europe and sell
more products.
"There is a lot of research to suggest that operating overseas
will help UK businesses to flourish and I think this is a good
example of this given that one of Zebco Sports Europe's offices is
based in Oxford."
For more information about Wright Hassall, please visit their
website here: www.wrighthassall.co.uk