Advising Banner Plant on their acquisition of Premier Plant and Tool Hire

Banner Plant Limited has acquired Premier Plant and Tool Hire Limited, which operates from two depots in Leicester and is one of the largest independent plant and tool hire companies in the East Midlands. Managing Director, Giles Boot, commented on the business acquisition:

“The fact that Rob Hughes chose Banner Plant Limited to continue Premier Plant and Tool Hire Limited’s development speaks volumes for the respect we have for each others’ businesses. The Corporate & Finance and Property teams at Flint Bishop helped to ensure that this friendly deal went through smoothly and on time. Together, under the Banner brand, we are a stronger proposition in both Leicestershire and our current area of operations. ”

Commercial property acquisition advice was provided by Lucy Carter and Freya Bradley, and business acquisition advice was led by Rachel Bennett and supported by William Bowler. Rachel added:

“There are obvious synergies for the two businesses and clear respect between the individuals involved; I am sure the combined business will go from strength to strength.”