Sale of LW Vass (Agricultural)

4th Sep 2016

We are delighted to announce that our award-winning corporate finance team has advised LW Vass (Agricultural) Limited [“Vassgro”] and its shareholders, on the sale of its business & assets to HL Hutchinson Limited, the leading national agricultural and horticultural input advice and supply company with turnover in excess of £200 million.

Vassgro is a long established family company specialising in the provision of agronomy advice, agrochemicals and sprayers, as well as servicing and equestrian products to farmers and growers. Operating from a large, selfcontained site in the Bedfordshire village of Maulden, Vassgro is well positioned to serve the agricultural industry throughout the region and dovetails extremely well with the established Hutchinsons business in neighbouring areas.

Our corporate finance deal management advice was led by managing director Laurence Whitehead and director Craig Chamberlain. Our team worked closely with all parties to the transaction, including the corporate team at EMW Law, who provided legal advice to the vendors.

Martin and James Hind, shareholders of Vassgro, commented:

“The MHA MacIntyre Hudson team members were thoroughly professional throughout, and their competence and shrewdness in ensuring the best deal for our family left us extremely delighted with the final result. We would like to thank Laurence and his team for helping us to achieve our dream and to obtain the security that has been achieved for our family for the coming years ahead.”

Laurence and Craig added:

“We are delighted to have completed this transaction for the Hind family. The deal presented a number of interesting challenges and we’d like to thank Martin and James and the other advisors involved for working closely with us to reach a successful conclusion. The fit with Hutchinsons is undoubtedly a good one and we are confident that the combined businesses will be very successful over the coming years. We wish Martin, James and Hutchinsons all the best for the future”.

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The team at MHA MacIntyre Hudson have taken away the burden of the day to day bookkeeping, payroll and CIS work off me. This has enabled me to spend more time working on my business, finding new work, new ideas and ways to be more profitable. Thanks to the help I’ve received, I can see a bright future for me and my company. Luke Day - Complete Wiring Solutions

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