Browne Jacobson advised Sicame Group on the deal.
The transaction will support Sicame in its objective of increasing the production and the further development of its range of insulated tools, which are essential to the operation of electrical facilities. It will also allow the business to respond more efficiently to the growing product demand from all parts of the globe. Boddingtons will be able to broaden its offering to an international network of partners as a result of the deal.
Sicame Group which was founded over 60 years ago, specialises in the design and manufacture of electricity transmission and distribution network equipment. They also design and manufacture street lighting and telecommunications equipment. The Group is headquartered in France and employs over 3,000 people worldwide and distributes over 20,000 products to more than 150 countries.
Boddingtons Electrical Limited was established in 1999 and is located in Braintree, Essex. The business designs and produces insulated tools for utilities and industrial applications and maintenance tools for the electrical vehicle (EV) sector.
The Manchester based Browne Jacobson team was led by partner Peter Allen (Picture), together with Manchester based senior associate Ryan Brown and associate Bethany Pickup. Manchester based senior associate Nicola Hollick assisted on the employment side whilst associate Michael Parkinson who is also Manchester based advised on the real estate elements. Nottingham based associate, Christian Burchardt also assisted on the corporate tax side of the transaction.
Involved fees earner: Peter Allen – Browne Jacobson; Ryan Brown – Browne Jacobson; Christian Burchardt – Browne Jacobson; Nicola Hollick – Browne Jacobson; Michael Parkinson – Browne Jacobson; Bethany Pickup – Browne Jacobson;
Law Firms: Browne Jacobson;
Clients: Sicame SA;