July deals update – international cross-border deals continue
July 2015 saw eight key deals across a wide range of sectors, from energy to manufacturing and healthcare – and further evidence of the cross-border characteristics of M&A activity in 2015 to date.
International buyers are prevalent in BCMS-led completions across all territories. July saw BCMS advise UK premium fabric supplier Fox Linton on its sale to Thailand-based Jim Thompson, while Canadian tech company Jonas Software acquired UK-based Show Data Systems.
In South Africa, we advised Flexible Packaging Converters on majority stake sale to a Pakistan-based acquirer in the same industry space.
The first week of August 2015 has already seen two completions: a UK-based consultancy has been acquired by a German healthcare organisation, while a distributor of fasteners has sold to a large trade acquirer - a major manufacturer, distributor and importer based in the UK.
Further details on these transactions will follow in due course.