Agg Pro Secures Strategic Sale to SMT GB
Deal News | Nov 14, 2024 | Freeths LLP
National law firm Freeths has successfully advised the shareholders of Agg Pro on its sale to SMT GB, a full-service distribution company that specializes in construction, material handling, and earthmoving equipment and is the exclusive dealer of Volvo construction equipment in the UK. Headquartered in Staffordshire, Agg Pro is a renowned provider of aggregate crushing, screening, and recycling machinery, offering high-quality products from trusted partner brands to meet diverse business needs. This strategic acquisition marks a significant milestone for both Agg Pro and SMT GB, aligning with their growth strategies and shared commitment to sustainability and environmental stewardship. Leading the legal team from Freeths was Managing Associate Olivia Johnson, supported by a multi-disciplinary team including Partners Martin Smith, James Dyson, Lee Clifford, Director Mark Alexander, Managing Associate Alex Angelides, and Senior Associates Grace Hill and Jesse Tataobuzogwu, alongside Legal Assistant Kathryn Jolly.
Sectors
- Construction Equipment Manufacturing and Distribution
- Legal Advisory Services
Geography
- United Kingdom – Both Agg Pro and SMT GB operate within the UK, where SMT GB serves as the exclusive dealer for Volvo Construction Equipment.
Industry
- Construction Equipment Manufacturing and Distribution – The article involves companies engaged in the manufacturing and distribution of construction equipment, including earthmoving and material handling machinery.
- Legal Advisory Services – Freeths LLP, a prominent law firm, provided legal advisory services facilitating the transaction between Agg Pro and SMT GB.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Agg Pro | Target | Company | A leading specialist based in Staffordshire in the supply and support of aggregate crushing, screening, and recycling machinery. |
| SMT GB | Bidding Company | Company | A full-service distribution company specializing in construction, material handling, and earthmoving equipment, exclusive dealer of Volvo construction equipment. |
| Freeths LLP | Legal advisor | Company | A national law firm that advised Agg Pro on its sale to SMT GB. |
| Olivia Johnson | Lead Legal Advisor | Person | Managing Associate at Freeths who led the team advising on the transaction. |