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Expert corporate finance advice
Size
Undisclosed
Transaction
Company sale
Sector
Electronics
Meridian Corporate Finance LLP (“Meridian") advised the shareholders of GA Wedderburn Limited on the sale of GA
Wedderburn & Co Limited (“Wedderburn”) to Icelandic firm Strikamerki HF (“Strikamerki”) for an undisclosed sum.
Strikamerki is a leading IT company in Iceland focusing on Point of Information Solutions and Business Automation Mobile Computing Solutions, Wireless Infrastructure, Automated Label, Printing Solutions, RF-ID Solutions and Point of Sale Systems.
Commenting on the deal, Peter Wedderburn – Shareholder and Director of Wedderburn, said, “Philippa was a great support through the whole of the experience and her help was invaluable from start to finish, not only did she
work hard to find a buyer, but having found a potential buyer she then worked hard to drive the deal over the finish line.
Without her help and support I know that we would have struggled. Everyone in the team was a credit to Meridian
and given that the principals of any company are constantly bombarded with details of businesses who all claim to
offer the best service to those looking to sell, I know where I would turn to for such an important transaction”.
Philippa Robinson, the lead advisor for Meridian, adds, “Wedderburn represents the perfect opportunity for Strikamerki to enter the UK market with its EPOS solutions and provides a new challenge for the Wedderburn business to move forward using it's many years of experience, excellent customer base and fantastic reputation”.
Deal completed July 2011