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Howes Percival helps cement deal for Agar Dry Mortar

Posted: 24/03/21 by Howes Percival

Howes Percival helps cement deal for Agar Dry Mortar

Howes Percival has acted for Dutch-owned aggregates business, Agar Dry Mortar, on its acquisition of the J Clubb group of companies - leading suppliers of concrete, aggregates, and other construction materials to customers across the South East.

The leading law firm worked on the complex acquisition from start to finish, as well as advising the Buyer on the pre-sale restructuring of the J Clubb group. Howes Percival also undertook due diligence on several large real estate holdings including a fully operational maritime aggregates wharf facility on the River Thames.

The Howes Percival team was led by Miles Barnes (Corporate) with support from Gerald Couldrake (Corporate), Erica Gradus and Alexandra Kirkwood (Commercial Property), Chris May (Planning), Rob Starr (Regulatory), Harriet Rogers (Banking & Finance), Sobia Ahmad (Employment) and Sam Moore (Tax).

Howes Percival worked closely with business advisers and accountants, Fortus, who provided lead advisory support to Agar Dry Mortar as well as advising on financial, property and HR due diligence.

Miles Barnes, a senior associate at Howes Percival commented,

“We’re delighted to have advised Agar Dry Mortar on the acquisition of the J Clubb group. This was a particularly complex transaction, so it was great to get it over the line for both sides. As this deal demonstrates, our team are highly experienced and able to handle large and complex M&A transactions including in very specialist sectors like aggregates.”

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