When Fastenex fasteners needed to secure substantial backing for a buyout that could open their business to new markets, Legal Clarity was there with crucial advice as they negotiated with ThinCats, the alternative funding provider for ambitious SMEs.
Fastenex (Industrial Fasteners) Ltd the holding company of NDB Engineering Ltd – the Midlands-based specialist manufacturer for bespoke fasteners – secured a multi-million-pound funding package to acquire Company Fasteners Limited (COFAST). Based in Plymouth, COFAST supplies fastenings and bearings to some of the largest industries in the South West including the Devonport Royal Dockyard.
Legal Clarity’s Richard Underwood has acted as a key advisor to West Midlands manufacturer Fastenex as they snapped up counterpart firm Company Fasteners – helping the company grow with a new access in the naval and defence markets.
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