KBL Solicitors advise Walker Brothers Bury Ltd on business sale

AFCO C&S Limited acquires Radcliffe based speciality chemicals manufacturer, Walker Brothers Bury Limited incorporating J and W Whewell Limited for an undisclosed sum.  

KBL Solicitors LLP advised the seller Whewells, who have gained an excellent reputation for providing speciality chemicals with over 130 years’ experience in the sector.  Purchasers, AFCO are the UK subsidiary of Alex C. Ferguson LLC, a US-based chemicals manufacturer and distributor, with global operations.

AFCO was introduced to J and W Whewell Limited by Anthony Mitchell, Managing Director of Acquire Business Sales Ltd, a specialist broker of small to mid-market company sales who recognised the synergy between the Whewell and AFCO brands.

John Walker, former owner of J and W Whewell Limited, commented “After acquiring J and W Whewell Limited in October 2009 (upon which KBL advised me as buyer) and, after nearly 7 years of building our brand in the industry, I felt now was the right time to hand over the reins to a new custodian who can continue our good work. I am confident that in AFCO we have chosen the ideal partner to continue the Whewells legacy and am genuinely excited for the future of J and W Whewell Limited under its new strategic ownership. Whewells biggest asset is its loyal staff. Since we acquired Whewells the business has been on an incredible journey and I am immensely proud of what we achieved. These are exciting times for the speciality chemicals industry and I will watch with pride as the business continues to go from strength to strength with AFCO at the helm.”

KBL’s Corporate & Commercial Associate Anneka Traynor along with Commercial Property Solicitor, Gillian Hindle and Employment Associate, Christine Hart advised on the deal.

Neil Chamberlain of Mosley & Co Chartered Accountants advised the seller on accounting and tax aspects.