Sale of Young Calibration
PEM were appointed by Young Calibration to provide M&A and tax advice and helped Adrian Young (Managing Director) negotiate and secure the sale to NMi.
Company background
Founded in 1996, Young Calibration has UKAS accredited laboratories and unrivalled knowledge and experience in thermal fluid systems testing, cleaning and development. It works with a wide spectrum of industry sectors including aviation, automotive, medical, environmental, and pharmaceuticals.
What was special?
This was our first post-lockdown transaction that was done entirely remotely showing what can be done with the new technologies we’ve all adopted.
Deal structure
NMi acquired 100% of the share capital of Young Calibration.
Legal advice to the vendors was given by Andrew Cooper at Greene & Greene Solicitors.
Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key changes rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.