23 October 2015
B P Collins advises on the sale of Zepbrook to Greenworks Solutions
The award-winning corporate and commercial team at B P Collins LLP has advised the owners of Zepbrook on its sale to Greenworks Solutions Limited.
Zepbrook is a supplier of refreshments and consumable products for corporate offices in London and the Home Counties with an annual turnover of around £6 million.
Zepbrook's owners Derek and Martina Darley sold their entire share capital to Greenworks Solutions, a supplier of coffee, washroom products and services as well as cooling, climate control and refrigeration systems.
B P Collins' corporate partner David Smellie led the legal team acting on behalf of Derek and Martina Darley.
"B P Collins advised Derek and Martina with a previous acquisition in 2010, so we were pleased to be able to advise them again when they decided to sell the entire business and we wish them well as they embark on this new chapter of their lives," said David.
"It was a particularly swift sale, with the whole corporate transaction successfully completing in less than 30 days. The Darley's exit leaves the successful and ongoing business in the capable hands of the Greenworks team."
Derek Darley said: "David and the team at B P Collins worked to some tight deadlines and we are grateful for their advice in helping us secure the right deal from the purchaser for our business. Although it's always sad to walk away from a business that we've spent many years building up, I'm delighted that in Greenworks we have found a similar-minded partner who will build on the firm's success going forward."