Quercus completes sale of precision engineering business

September 20, 2016
Andrew Clegg

Quercus Corporate Finance is delighted to announce the sale of AWC Industries Limited to Sertec Group Limited.

The Quercus team, led by Amanda Hall, advised the shareholders of AWC Industries Limited (“AWC”) on the sale of the group to Sertec Group Limited, for an undisclosed sum.

AWC is a market-leading precision engineering business which provides technically challenging flat and round metal components for the European automotive industry. The group, which can trace its history back to 1919, employs over 700 staff across its modern facilities in the UK, Germany and Hungary.

Amanda Hall, said:

“With over 70% of AWC’s products being sold into Europe the business is highly dependent on this market place. This deal shows UK businesses with a strong European presence continue to be highly attractive post Brexit. I am delighted to have led the team advising the shareholders  in realizing the considerable commitment and investment they have made in AWC over the last 13 years.”

Allan Cook, founder and majority shareholder of AWC added:

"I believe this is an excellent deal for both the shareholders of AWC and Sertec. We know that we have found a buyer that shares the same family owned values we instilled in AWC. In turn AWC offers Sertec access to additional products, customers and international reach. The advice provided by Amanda and the team at Quercus Corporate Finance was first class; their commercially focused, hands on approach and tireless commitment to achieving an excellent result made all difference and we are delighted with the result."

News Centre

Recent News

Terra Alliance International M&A network announces record growth in deal volume and values

Quercus International is the exclusive UK member firm of the Terra Alliance International M&A network and in 2023 member firms completed 97 transactions, a 10% increase on the previous year. Deal value 2023  also increased, by over 40%, to $18 billion.  The chart below shows that active sectors over the past 12 months include Industrial, Consumer, […]

Acquisition of Swale Heating by Sureserve

Quercus International is delighted to announce that it has advised the Sureserve Group (“Sureserve”) on the acquisition of Swale Heating Holdings Ltd and its subsidiary, Swale Heating Limited (together “Swale Heating”), a business delivering gas and renewable heating solutions to both public and private sector customers. This is the second time Quercus International has worked […]

Crystal ball 2024: the UK waste sector

Quercus Head of Waste Management Mark Whelan writes: At this time of year, it is customary to review the events of the year that has just past and to consider what might unfold over the next 12 months. In 2023 the UK waste industry has largely seen business as usual in the field of M&A. […]

1 2 3 31
arrow-right