Sale of Medical Device Usability
PEMCf acted as lead adviser on the sale of Medical Device Usability Limited to UL, an international safety science leader.
Barmans Ltd operates as an online provider of bar, cocktail and catering equipment to retail and trade through its website drinkstuff.com. We helped the owners of this family business to hand over the business to their son Scott and a number of management staff.
A family business based in Melbourn, Cambridgeshire, Barmans Ltd operates as an online provider of bar, cocktail and catering equipment to retail and trade through its website drinkstuff.com.
Established in 1977, the business quickly developed a strong niche with one of the first online retail websites, barmans.co.uk. In 1998 it launched drinkstuff.com in response to an increasing demand for its trade products from the retail sector.
We helped the owners pass on their legacy to their son and key members of the management team. This ensures the business will continue to thrive with the Bowskill family retaining a majority stake.
The owners retired but retained a small, minority stake in the business. The total consideration was settled by a mixture of cash and loan notes.