Trowers & Hamlins advises on the sale of a majority stake in JC Atkinson & Son to Newable Capital
International law firm Trowers & Hamlins has advised Julian Atkinson, director and owner of J.C Atkinson & Son Limited, a specialist coffin manufacturer, on the sale of a majority stake to Newable Capital.
With its operation based on Tyne and Wear, J.C. Atkinson & Son Limited is a third generation owner managed business established in 1936 by John Clifford Atkinson and is the leading independent manufacturer and distributor of coffins, caskets and other related products to the UK funeral market.
Julian Atkinson commented:
“I would like to thank Trowers & Hamlins for their proactive help and support throughout the process. Selling a majority stake in the family company has been a significant undertaking and Trowers have guided me through the process and helped deliver a great result for me and for the company. I am pleased to have Newable Capital on board and look forward to taking the business forward with them."
Adrian Jones, Trowers' partner, said:
"We're delighted to have been involved in this project. It's always satisfying working with owner managers and we are pleased to be part of a great result for Julian and his team."
The corporate sale was led by corporate partner, Adrian Jones who was assisted by Moad Giebaly and William Barakat, employment partner John Turnbull advised on employment & commercial property partner Matthew Holbrook advised on property matters.