LGW Group Expands with Multi-Crete Acquisition
Deal News | Feb 10, 2025 | Freeths LLP
Leading national law firm Freeths LLP has advised LGW Group Limited on its recent acquisition of Multi-Crete Concrete and Concrete Pumping Limited, a strategic move enhancing LGW's offerings in Southern England and Wales. This acquisition elevates LGW's combined turnover beyond £40 million and positions it as the only construction entity in the region capable of delivering a full range of concreting services. With this addition, LGW's portfolio includes brands such as Wright Readymix and Bristol Brick Co, reinforcing its status as a comprehensive provider for construction projects. The deal was facilitated by Freeths' expert team led by Corporate Managing Associate Edward Chapman, and signifies LGW's ambitions for continued expansion within the construction sector.
Sectors
- Construction
- Legal Services
Geography
- United Kingdom – The UK is relevant as the article discusses the acquisition involving companies operating in Southern England and Wales, making it central to the transaction's geographical context.
Industry
- Construction – The construction sector is relevant as LGW Group and Multi-Crete operate within this industry, with the acquisition enhancing LGW's service offerings and market presence in construction activities.
- Legal Services – This sector is relevant because Freeths LLP, a law firm, provided legal advisory services for the acquisition, highlighting the role of legal professionals in corporate transactions.
Financials
- 40 million – The combined turnover of LGW Group after the acquisition of Multi-Crete.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LGW Group Limited | Bidding Company | Company | A leading construction group across Southern England and Wales, acquiring Multi-Crete to expand its services. |
| Multi-Crete Concrete and Concrete Pumping Limited | Target Company | Company | A concrete supply and pumping service provider, being acquired by LGW Group. |
| Freeths LLP | Legal Advisor | Company | National law firm advising LGW Group on the acquisition. |
| Hopson Solicitors | Legal Advisor | Company | Law firm advising the shareholders of Multi-Crete on the sale. |
| Edward Chapman | Corporate Managing Associate | Person | Led the Freeths team in advising LGW Group on the acquisition. |
| Simon Robinson and Jason Bowen | Sellers | People | Shareholders of Multi-Crete involved in selling the business to LGW Group. |
| Len Wright | Managing Director | Person | Managing Director of LGW Group, overseeing the acquisition. |