Higgs team helps to drive the sale of vehicle spec...

The award winning corporate team at Higgs & Sons has
advised the former shareholders of specialist vehicle converter and supplier,
S. MacNeillie & Sons Limited on the sale of the company to Babock Critical
Services Limited, a subsidiary of Babcock International Group plc. The deal was
announced to the markets on Friday 30^th January.

The Higgs & Sons team, led by corporate partner Susheel
Gupta advised the owners of the Walsall based business throughout the
transaction.

S. MacNeillie & Sons Limited is one of Europe’s largest
specialist vehicle conversion companies and a world leading manufacturer of
armoured vehicles. Established in 1947, the company, which also has offices in
Uxbridge and the United Arab Emirates, is a long established supplier to the
emergency services, military, civil service and other security focused
organisations throughout the world. Last
year the firm turned over in excess of £34m.

Susheel Gupta, a partner based in Higgs & Sons’
corporate team comments:

“Higgs provided comprehensive advice across several areas
including corporate, tax, commercial, property and employment matters. 

“Working collaboratively was key to our support, and it was gratifying
to all who were involved that we were able to help the shareholders secure this
significant deal.”

Keith Bradley, Chairman of S. MacNeillie & Sons fully appreciates
the part played by Higgs & Sons in advising the shareholders:

“We engaged Higgs & Sons to help us sell the business
and Susheel and the team helped manage the process from day one, putting
everything in place to ensure the deal went through smoothly. He made sure the
right advisers were in position for each aspect of the negotiations and we can
only express our gratitude for their invaluable guidance.”

Ray Harris, Director at Odyssey Corporate Finance, states:

“The combination of Higgs and Odyssey worked well together
to deliver a very successful outcome to the shareholders.  It proves that the combination of a great
business, together with joined up advice will always achieve the right outcome.”

DLA Piper’s London office advised Babcock Critical Services
Limited.

For specialist advice on all aspects of corporate law and
taxation including restructures, disposal, mergers and acquisitions, call Susheel
Gupta on 0845 111 5050 or email susheel.gupta@higgsandsons.co.uk

Accompanying photograph L-R:

Susheel Gupta (Partner, Higgs & Sons), Keith Bradley (Chairman, S. MacNeillie &
Sons), Nigel Rowley (Managing Director, S. MacNeillie & Sons) and Ray
Harris (Director, Odyssey Corporate Finance)