EMW advises on the sale of a Milton Keynes based business to an EU buyer
We recently acted for Train Doors Solutions Ltd (“TDS”). Based in Milton Keynes, TDS is an independent supplier of pneumatic and electrical door systems, components and overhauls for the UK rail industry.
TDS sold their business and assets to a UK subsidiary of one of their suppliers, Polarteknik Oy, a Finnish business offering train door systems to OEMs, and a member of the Danish Dacke Industri group of companies.
The owners of TDS, Nigel and Vanessa Mason, will continue to work with Polarteknik to assist with driving the business forward for continued growth. The deal presents significant opportunities due to the natural alignment of both parties’ skills, culture and ambitions.
Daisy Divoka, who led the transaction team at EMW, commented “I’ve had the pleasure to work with Nigel and Vanessa for the last three or four years and be able to assist them with preparing their business for sale, taking them through the deal process itself all the way to a successful completion. Over the last couple of years, I got to know Nigel and Vanessa well, and understand the importance of this transaction to them. Whilst Nigel and Vanessa will continue working with Polarteknik following completion, this transaction has enabled them to ensure that their legacy will continue and that their staff and customers will be looked after, which was one of the primary drivers behind this deal.”
Nigel Mason, who started TDS over 20 years ago, said “It was a difficult decision to sell, but Polarteknik is the right company for us at the right time. I see this as only positive for all concerned. We’re thankful to have teamed up with EMW very early on. Having gone through the sale process from start to finish their help, support and guidance throughout this transaction was invaluable and we would have struggled to get all the way to completion without them.”
For more information about this deal please contact Daisy Divoka, or give us a call on 0345 070 6000.