Firm News
Mishcon de Reya advises long-standing client Helical Bar Plc
| Release Date: |
22 February 2007 |
In a recently completed deal worth £20,250,000, Mishcon de Reya acted for long standing client Helical Bar Plc in the acquisition by a consortium of the entire issued share capital of HFL Ltd. The consortium included Quotient Bioresearch Limited (“QBL") and Dencora Investments LLP.
Helical Bar Plc has a majority interest in the vehicle that has bought the HFL properties in Fordham, Ely, Cambridgeshire from which the HFL business operates and a minority interest in QBL which owns the HFL business.
HFL’s business provides a research-backed drug screening service for British horse racing and also provides services to overseas turf authorities, pharmaceutical and healthcare clients.
The Mishcon de Reya team was led by Corporate Partner Richard Tyler, Property Partner Ian Paul and Tax Principal Belinda Bridgen and assisted by solicitors Nick Gayner and Sukhi Walia.
Notes to Editors:
- Wedlake Bell acted for Quotient Bioresearch Limited
- Dundas & Wilson LLP acted for the seller, the Horserace Betting Levy Board.
|
|