Pictured: Karen Jones (left), David Cutter & Co and Ruth
Murday (right), Hawkins Hatton
Two sign manufacturing companies in Surrey are pointing in the
same direction after joining forces in a deal which involved Dudley
based corporate law firm Hawkins Hatton taking a lead role.
Messagemaker Displays, the leading supplier of LED displays, has
been sold to Stocksigns for an undisclosed sum. Hawkins
Hatton acted for Guildford based Messagemaker who will be
relocating to Stocksigns' headquarters in Redhill following the
sale.
As part of the deal Hawkins Hatton corporate partner Colin
Rodrigues and Kate Jones from David Cutter & Co advised Paul
Bubb, the chairman and financial director of Messagemaker, drawing
up the heads of agreement and consultancy contracts for two of the
company's key employees.
Mr Bubb, one of the founders of the business, will be staying on
in a consultancy capacity for the next 12 months, working alongside
senior executives at Stocksigns Group which has a £7million
turnover, employing more than 60 staff.
Since its formation 15 years ago Messagemaker has grown to
become one of the leading providers of moving message LED displays
serving customers throughout the UK and Europe.
Colin Rodrigues said the deal would enable the shareholders to
realise their investment in the business, whilst giving Stocksigns
the opportunity to grow further and diversify into new LED
markets.
"This deal had all the signs of success as both parties will be
able to move forward positively and realise their future
ambitions," he added.
For more information about Hawkins Hatton, please visit their
website here: www.hawkinshatton.co.uk