Tag Archives: Corporate

Taylors Solicitors advises as Keenans expands with deal for Letting Locations

A north west estate and letting agent has expanded with a swoop for a Preston-based business.

Keenans Group has acquired Letting Locations for an undisclosed sum.

Letting Locations, which trades as Guildhall Residential Lettings, operates from Blackpool Road in Ashton-on-Ribble and has 350 properties under management.

Its managing director Robert Shields is being retained by Keenans on a consultancy basis following the deal.

Keenans is an independent, family-owned group which until now has focused on Greater Manchester and East Lancashire, with 10 branches covering 115 postcodes. It deals with over 2,500 sales and 400 lettings per year and employs nearly 100 staff.

Matthew Catterall, a corporate partner at north west law firm Taylors Solicitors, advised Keenans on the acquisition. Andrew Tabernacle of Bishops Chartered Accountants in Blackburn and Blackpool provided accounting and tax advice.

Matthew said: “We are extremely pleased to have provided legal advice to Keenans and help ensure its successful acquisition of Letting Locations. This transaction will enable Keenans to continue its impressive growth and extend its reach into West Lancashire.”

Paul Keenan, managing director of Keenans, said: “We are delighted to have completed the acquisition of Letting Locations as part of our geographical expansion in the north west.

“The business is a great fit with our current branch network and it expands our lettings management portfolio.

“The staff have tremendous experience and are passionate about the lettings industry. Their commitment to excellence for landlords and tenants alike aligns perfectly with our ethos, and we extend a warm welcome to them as part of the group.”

He added: “The advice from Matthew and Andrew throughout the process has been invaluable, and we look forward to working with them on future acquisitions as we continue towards our growth target.”

Taylors Solicitors advises iconic sailing brand Henri-Lloyd on its sale to ODLO

A Switzerland-based performance brand is to acquire iconic UK sailing and lifestyle brand Henri-Lloyd Group.

A team at north west law firm Taylors Solicitors has advised the owners of Henri-Lloyd on the sale to ODLO, a specialist sport and outdoor clothing brand which is owned by Monta Rosa Capital.

The acquisition, for a substantial undisclosed sum, is expected to be completed shortly.

Taylors’ team of advisers was led by corporate partners Andrew Livesey and Matthew Catterall and the firm’s head of commercial property, partner John Lomax.

Andrew said: “Henri-Lloyd is an iconic British brand, and we are delighted to have been able to work with the business over the past few years, culminating in the current deal with ODLO.

“It is a pleasure and a privilege to be associated with such a dynamic business and team of individuals, and a brand that is instantly recognised worldwide. This was a particularly pressurised deal, with a substantial amount of detail to be dealt with in a short timescale.

“There were plenty of early starts and late finishes, with all of the professional team fully focused on the task in hand.”

Taylors advised Henri-Lloyd when it last changed hands in 2018, when the brand and valuable assets were acquired out of administration by a group of investors led by Hans Eckerström with the aim of re-establishing the company as the premier brand for yachtsmen and sailors around the world.

Henri-Lloyd was established in Manchester in 1963 and has 85 staff in its UK retail business.

Hans Eckerström, chairman of Henri-Lloyd, said: “The acquisition of Henri-Lloyd by ODLO opens up tremendous opportunities for the brand to reach its true potential to the benefit of all shareholders, both current and future.

“Joining a family of successful companies that share values and goals will accelerate our growth. Most importantly that journey will be based on quality, innovation and striving for sustainability – principles that the Henri-Lloyd team hold dearly.”

Henri-Lloyd was founded by Henri Strzelecki, who set out to create the world’s best and most durable waterproof clothing. He created several world-firsts within technical clothing that have today become industry standards, including seam taping garments for waterproofing and the invention of the nylon non-corrosive zip.

The Henri-Lloyd team will continue to be located in Manchester, and will collaborate with the ODLO group in the development of the brand and a new generation of innovative products.

ODLO chairman Hugo Maurstad said: “We are excited about including Henri-Lloyd into our family of brands. It is an iconic brand with a proud history. Together we aspire to further expand its product range and geographic footprint.

“Henri-Lloyd and ODLO are both companies that originated from technical innovations in outdoor sport apparel and they will complement each other going forward.”

ODLO chief executive Knut Are Høgberg said: “By leveraging ODLO’s comprehensive infrastructure, we can concentrate investments towards the Henri-Lloyd brand and its customers while progressing on the ambitious sustainability agenda of all brands within ODLO International.

“We warmly welcome the Henri-Lloyd team to the ODLO family and look forward to working together going forward.”

PAM Group accelerates growth for ToHealth division with new DNA and epigenetic tests

A series of tests which show whether a person is prone to developing a host of health conditions including diabetes and cancer, and how they can tailor their lifestyle to lower their risk, are being launched by preventative healthcare specialist PAM Group to accelerate growth for its ToHealth division.

They are the latest addition to Warrington-headquartered PAM Group’s offering and follow the backing it received from private equity firm LDC last year to support its expansion and the launch of new products and services.

ToHealth’s DNA and Epigenetic tests analyse 1,000 types of DNA from one saliva sample.

An individual’s DNA holds the essential information to their development, function and growth and cannot be changed. Epigenetics adds another layer of information, enabling a person to identify how their lifestyle and environment impacts the way their genes work, which can raise the risk of illness.

Each test result comes with a personalised insight into an individual’s state of health and can reveal a wide range of potential risk areas. These include immunity risk, response to stress, biological age and the risk of developing hidden conditions such as diabetes, cancer, stroke, hypertension and coronary heart disease.

The genetic information and insights are accessible via an app which aims to help individuals tailor their lifestyle to improve their wellbeing and stave off the threat of disease, helping to reduce workplace absenteeism.

The new service for ToHealth’s corporate clients forms part of its employee wellbeing offering and will be a key driver for expansion as it targets revenues of £9m this year, up from £5m in 2021.

ToHealth managing director Kerry-Dene Ihlenfeldt said: “As a business, we don’t stand still. We continuously seek innovative solutions to positively impact the health and wellbeing of our clients’ employees.

“Epigenetics strengthens our position at the forefront of proactive and preventative health screening, and our investment in these new tests provides us with a significant opportunity to further accelerate our growth.

“They complement our existing offering and enable individuals to take control of their health and lifestyle through a hyper-personalised analysis of the test results.”

She added: “We know that a large proportion of workplace absenteeism is caused by stress, anxiety or depression, and that most cases involve lifestyle issues such as inactivity, a poor diet or being overweight. The underlying issues are often the same as those for cardiac problems, diabetes and cancer.

“The pandemic has thrust employee health and wellbeing into the spotlight. Our recent research shows that most employees feel that support in this area from their employer would make them less likely to want to move jobs, but that employers are missing valuable opportunities to stop their people getting sick in the first place.

“We have also found that 40 per cent of people value wellbeing advice based on personalised data and are more confident in digital health solutions.

“Taking these factors into consideration, we believe that there is significant demand for our new tests.”

Kerry added: “Employers will benefit from the test outcomes, as reduced absenteeism will boost efficiency, productivity and employee satisfaction, leading to an improved business performance.

“We will through extensive investment in our data strategy provide clients with access to real-time employee health insights, enabling them to gain a holistic view of the health and wellbeing of their workforce and to effectively respond to changes by making data-driven business decisions.”

ToHealth is partnering with testing company Muhdo for the new offering.

PAM Group is one of the largest occupational health, employee assistance and wellbeing providers in the UK. It offers a range of integrated services to public and private sector clients, supporting more than a million employees at over 1,000 businesses and organisations.

The group is looking to double turnover to £80m over the next few years through continued organic growth and acquisitions.

MTC Marketing Research Solutions, honoured with the MRS’s and AQR’s Recruiter Accreditation Scheme (RAS).

MTC Marketing Research Solutions is one of the first ten recipients of the Recruiter Accreditation Scheme (RAS) for qualitative research developed by Market Research Society (MRS) and Association of Qualitative Researchers (AQR), to recognise the knowledge, skills and competence of professional recruiters – individuals and companies.

MRS and AQR have honoured the company after the Managing Director, Cecilia Patterson, MA, DipMRS, CMRS, participated in the scheme and achieved an overall distinction in the assessment. Ras is for companies and individuals who undertake research recruitment as part of a wider research role and those that commission qualitative research. The AQR and MRS plan is that every research company involved with research participants and those interested in the role of qualitative recruitment must consider the RAS accreditation.

In commending her professional associations’ efforts, particularly in making sure that the industry as a whole adheres to Data Protection Act 2019 and the General Data Protection and Regulation (GDPR), Cecilia Patterson said: “We are in the knowledge sector and adhering to these principles is best practice and key for the survival of research providers considering primary research work depends on the goodwill of research participants who need to be respected and protected by all working in the research field.”

The RAS accreditation award recognises the range of professional understanding of the qualitative researchers, particularly project management, principles and concepts of research, the role of research recruitment, legal and ethical requirements which underpin research.

Cecilia Patterson is the founder of the research, insights, intelligence, analysis, consultancy at MTC Marketing Research Solutions, an MRS Company Partner. Should you wish to extend this discussion to how she may help your organisation as a commissioner of research visit https://tinyurl.com/ya52wopu