TLT has advised BTQ Limited on the deal.
BTQ Limited, one of the UK’s leading providers of work safety equipment, has been acquired by US-based MSA Safety, a global leader in the field.
Under the agreement, MSA Safety has acquired both the BTQ brands: Bristol Uniforms, the UK’s top provider of personal protective equipment (PPE) to the fire and rescue service, and Bell Apparel, a leading line of technical work wear.
The transaction, which is valued at approximately US$60 million, will benefit BTQ by providing access to MSA’s global reach and its innovative fire service PPE products.
The TLT team advising BTQ was led by corporate partners Andrew Webber (Picture) and James Webb and drew upon expertise from across the firm’s practice areas. The team included Rachel Kelly (corporate); Mark Braude (tax); Ed Pitt (real estate); and Ed Lacey (banking). RSM Corporate Finance also advised BTQ.
Law Firms: TLT LLP;
Clients: BTQ Limited;