Keebles advises on industrial services supplier share acquisition

Keebles has advised Rotherham-headquartered international industrial supplier, Acorn Industrial Services Ltd, on its share acquisition of Gloucestershire-based R W Bearings Limited.

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Keebles advises on industrial services supplier share acquisition

Keebles advised Acorn Industrial Services, part of Swedish group Axel Johnson International, on the corporate aspects of the deal, which will enable Acorn to continue its growth, increasing both its regional reach and customer base.

Senior Associate James Burdekin led on the deal and was supported by fellow Associate Tom Rook.

James said: “We are pleased to have played a significant part in helping secure this investment for Acorn Industrial Services. This is a great opportunity and a good fit for Acorn in terms of size, geographical base and freedom of purchase. The company will also realise more direct purchase opportunities from R W Bearings.

“It represents a very exciting opportunity for both Acorn Industrial Services and R W Bearings, and we look forward to seeing the impact it will have on Acorn’s continued growth and expansion of its regional reach and customer base.”

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