Chandlers Farm Equipment, which has depots across Lincolnshire, Leicestershire and Bedfordshire, has now doubled the size of its operation following its acquisition of Lister Wilder’s Fendt, Massey Ferguson and Valtra ‘AGCO’ dealerships, acquiring five new depots in Warwickshire, Oxfordshire, Wiltshire and Gloucestershire.
Sills & Betteridge LLP were engaged as solicitors for Chandlers in this acquisition. James Conduit, head of the corporate team, led the transaction supported by Raj Blackburn who dealt with all commercial property matters. The transaction progressed against a very tight timetable with the exchange of contracts occurring around six weeks after their initial instruction. “James’ experience of corporate transactions in the agricultural machinery sector was key to understanding and negotiating the complex array of asset classes that made up the target business.”, commented the team at Sills & Betteridge LLP.