The Sherrards Corporate and Commercial team worked with the management team and shareholders of longstanding client Screwfast, in the sale of the company to Van Elle Plc with the main team led by Dan Dye, working to continue to the growth of the business as part of the wider plc group.

Screwfast Foundations Ltd are leaders in the design, supply and installation of helical piles and UK & International steel foundation solutions. They are well-known in the construction industry, having worked on prestigious construction projects such as the London 2012 Olympics and the government’s smart motorways programme.

The team worked to a tight timeframe to ensure that the sale took place in line with the requirements of the PLC buyer. The deal was structured with complex provisions regarding the existing plant and machinery of Screwfast.

This matter have been written about in the Construction Enquirer.