PDT Solicitors advises on the acquisition of Astley Signs

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PDT Solicitors advises on the acquisition of Astley Signs

Published: 16 June 2022

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We are delighted to have advised Mindelon AB on its acquisition of Astley Signs, a leading British manufacturer and supplier of brand-building signage and creative graphic solutions. Astley offers everything from the production of a graphic profile and design to the installation of both large facade signs and small signs and graphic elements for attracting attention and wayfinding in retail stores and buildings.

"Noel and the team at PDT were very good to work with and I strongly recommend them. This was an important acquisition for us so we were helped by having a law firm that worked collaboratively with the other advisors on the transaction and provided pragmatic advice when we needed it. To the PDT team, thank you for all your hard work in helping us make this deal happen."

Ulrica Lindunger, Head of the Retail Solutions business area

Astley started back in 1924 and today employs around 150 employees with annual sales of circa £16m. Headquartered in Gateshead, it also operates from sites in Kettering, Leeds and Glasgow.

Mindelon AB is a privately owned Swedish company, and is a sister company to KAMIC Group and Amplex. The Mindelon group of companies operate from sites in Sweden, Finland and the UK with sales in northern Europe and the USA. It’s principal focus is in providing value-added solutions to businesses operating in the retail sector.    

Noel Ruddy  led the transaction at PDT and said “We were thrilled to work with the Mindelon team on this acquisition. Acquiring Astley creates a significant foothold for Mindelon in the UK and will be a very valuable, and exciting, addition to its retail solutions business. We wish them every success.”


About PDT


We are a dedicated corporate law firm with a strong presence in the South East whilst also being recognised nationally for our expertise in the ABL sector. Our corporate transactional team is comprised of experts from our corporate, commercial, real estate and employment teams. We regularly advise on M&A, private equity and other corporate finance related transactions. In the past twelve months, the team worked on over 30 exciting transactions with an enterprise value in excess of £250m, with an average deal enterprise value in excess of £10m.

 

Find out more about our corporate services

The content of this webpage is for information only and is not intended to be construed as legal advice and should not be treated as a substitute for specific advice. PDT Solicitors LLP accepts no responsibility for the content of any third party website to which this webpage refers.

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