Keebles advises on Nationwide Stainless £4m management buy-out
We advised on the acquisition of Sheffield-based stockist and supplier of stainless steel, Nationwide Stainless, in a £4m management buy-out, helping facilitate the transfer of ownership to the company’s managing director Steve Laybourn.
Nationwide Stainless was established more than 30 years ago by David Burns and David Nicoll and has developed to become one of the UK’s leading independent stainless distributors.
Partner in Keebles’ Corporate team, Michael Hall and Associates Henry Hill and Russell Bainbridge advised on the transaction.
Michael said: “We are pleased to have supported Steve Laybourn on this management buy-out.
“The transaction is an extremely positive one for all involved and we wish Steve well as the business moves into its new era while continuing the organisation’s legacy as an industry leading stainless distributor.”