Disposal of Balteau to its management team
We are very pleased to announce the completion of the disposal of Balteau NDT by Sonatest plc to its management team.
Our corporate finance team, headed by partner Laurence Whitehead and assisted by senior associate Craig Chamberlain and senior executive Brad Agnew, advised the vendors on the sale, successfully leading and negotiating the key elements of the deal. Our team’s track record and experience were paramount as we provided the advice needed by the vendors to enable them to take the deal forward successfully to completion.
We wish both Balteau and Sonatest every success for the future.
About Sonatest and Balteau
Since its formation in 1958, Sonatest has grown to become one of the most respected suppliers of ultrasonic non destructive testing (“NDT”) instruments in the world with many global blue chip clients.
Located in Belgium, close to the German and the Dutch border, Balteau NDT S.A. is a specialised manufacturer of X-Ray generators designed for the quality control of industrial products as well as general NDT equipment and products.
To find out more about Sonatest and Balteau, visit their websites:
Contact us
If you would like to know more about this deal or how we can
assist you, your clients or your contacts who may be looking to
sell, call us 0845 366 4793 or email mhcfinfo@mhllp.co.uk
to arrange an initial no-obligation meeting.
To find out more about our corporate finance team visit:
www.macintyrehudson.co.uk/services/corporate-finance
