Ai Law is happy to have acted for BIP Chemicals in their recent acquisition of a North West based flammable solvent recovery business, which has resulted in one of the largest single site solvent refinery plants in Europe with the largest capacity in UK.
Mike Bennett, chief executive of BIP Organics has said: “This acquisition is a very exciting milestone for our business and its growth. Centec and BIP Organics are complementary businesses which are co-located so this was a logical expansion for our business. We’re extremely pleased with the speed and professionalism with which this deal was handled given the tight turnaround and are looking forward to the next stage of growth for our business.”
We are delighted to have been involved in this and look forward to BIP Chemicals future successes.
Our corporate commercial department have worked on this matter who have experience in acquisitions, buy outs and restructuring.
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