Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
PEM Corporate Finance were appointed by Young Calibration to provide M&A and tax advice and helped Adrian Young (Managing Director) negotiate and secure the sale to NMi.
Founded in 1996, Young Calibration has UKAS accredited laboratories and unrivalled knowledge and experience in thermal fluid systems testing, cleaning and development. It works with a wide spectrum of industry sectors including aviation, automotive, medical, environmental, and pharmaceuticals.
This was our first post-lockdown transaction that was done entirely remotely showing what can be done with the new technologies we’ve all adopted.
NMi acquired 100% of the share capital of Young Calibration.
Legal advice to the vendors was given by Andrew Cooper at Greene & Greene Solicitors.