Pierce has advised the shareholders of Fitzpatricks UK on the disposal of its trading subsidiary, Fitzpatricks Fabrications, to Nelson-based Baldwin Engineering Group.
Operating from Malvern Mill on Waterford Street in Nelson, the business specialises in precision sheet metalwork, welding and prototype manufacturing services for a range of sectors.
The company works with materials including mild steel, stainless steel and aluminium, building a reputation for technical expertise and customer service.
Mark Fitzpatrick and Judith Goodway, shareholders of Fitzpatricks UK, completed the transaction with support from Pierce.
Mark said: “Fitzpatricks Fabrications has been an important part of our group, and we are proud of the reputation the business has developed for quality, technical capability and customer service.
“We are pleased to have completed the transaction with Baldwin Engineering Group and believe the company is well-positioned for its next phase of development.”
Kevin Steven, director at Pierce, said: “Fitzpatricks Fabrications is a strong example of the specialist, owner-managed engineering businesses that form the backbone of Lancashire’s industrial economy.
“This deal reflects continued demand for high-quality manufacturing companies with skilled workforces, strong technical expertise and established customer relationships.”
The transaction was led by Kevin Steven and Jimmy Moore of Pierce, with legal advice to the shareholders provided by Greg Gardner-Boyes of KBL Solicitors.