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$10m Deal is The Real Thing...

» Posted on: 6 October 2006
» Posted by: Andrew Livesey
» Service area: Business Deals / Deals

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Blackburn commercial law firm Taylors have just completed a significant corporate transaction for a firm who’s product is used in the production of Coca Cola bottles – proving once again that Taylors are the real thing when it comes to commercial deals.

Working on behalf of B&H Polymers, who are based in Leigh and with Sempra Plastics Limited in the UK and Sempra Plastics Corp in the US, the team at Taylors handled the complex corporate deal.

B&H Group holds the rights in respect of Elixir brand polyethylene terephthalate (PET) which is an accredited plastic polymer used in the production of Coca Cola packaging materials.

The initial value of the transaction is around $10m but the supply agreement is conservatively estimated to be worth several times that figure over the duration of the arrangements.

Speaking of this unique deal Andrew Livesey, Partner at Taylors said “this was a very substantial and complex transaction with the added spice of an international dimension. The deal documents were the fruit of detailed negotiations by the Taylors corporate team with our counterparts at one of the top London corporate firms. Our ability to field a team with substantial experience of heavyweight corporate transactions was pivotal in securing a deal for our client”.

Taylors continue to combine their commercial expertise with a knowledge of the local market and it is this together with an enviable partner-led service that clients find invaluable.

Copyright 2006 - 2010 Taylors Solicitors

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