Flint Bishop

Deal has all the signs of success

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

 

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Article published by Midlands Business News on 5 December, 2011

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