Leading commercial law firm Taylors
recently advised Fraser Eagle Group, one of the UK’s leading
suppliers of managed travel and transport services, on the
multi-million pound sale of their stake in a railway company.
Copyright 2006 - 2010 Taylors Solicitors
Fraser Eagle’s Maltese based sister company, ADFX Limited, has more
than tripled the investment in York-based Grand Central Railway it
made around 2 years ago, and Taylors were an integral part of the
successful sale. New kid on the block, Grand Central Railway, had
recently won the hotly contested final approval for their track
access application to launch a new East
Coast mainline service operating 3 trains daily between Sunderland
and Kings Cross against competition from established rail operating
The sale to a private equity backed investment group was led by
Taylors’ Managing Partner,
Elaine Hurn, who
said “Our close working relationship with Fraser Eagle over many
years and our expertise in this type of deal allowed us to act
swiftly on this high profile yet delicate transaction”.
Fraser Eagle Group Managing Director, Kevin Dean, said of the deal,
“This is great news for Fraser Eagle because it secures the long
term future of the Company and gives Fraser Eagle Group and Malta
based ADFX the funds we need to develop new initiatives including an
insurance capture, destination management company and business
Dean continued, “We knew that Taylors not only had the expertise and
direct approach we needed but also that they would ensure this
complex transaction would be delivered to the very tight timescale”.
Taylors, who have experienced an extremely strong deals flow
recently, ascribe their success to a committed partner led service
concentrating on long term client relationships where in depth
knowledge proves invaluable.