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.
We acted as lead advisers to Prestige Purchasing during its sale of the consortium arm of the business to Pelican Buying Company.
PEM Corporate Finance acted as lead advisers to Prestige Purchasing Limited during its sale of the consortium arm of the business to Pelican Buying Company.
Pelican Buying Company manages procurement for customers in the hospitality, education and private healthcare sectors, while the Prestige consortium works alongside clients, primarily in the hospitality and food services industry, to improve value in their supply chains.
Our team was appointed to conduct a focused marketing of the business to achieve the right deal and to a controlled timetable. The best deal was secured after discussions with a number of buyers.
This deal was the sale of the stand alone consortium division of Prestige Purchasing Limited to a corporate buyer.