PDT Solicitors advises on the sale of Novatron Scientific Ltd
Published: 19 March 2020
PDT Solicitors has advised the shareholders, Simon Long and Barbara Goodman, on the sale of Horsham based Novatron Scientific Ltd to Rhopoint Metrology Limited.
"It has been a pleasure working with Noel and Sian. We are very grateful for all of their hard work and for dealing with the transaction so efficiently."
Simon Long, Novatron Scientific Ltd
Novatron is a leading specialist in the supply and calibration of precision instruments and equipment for relative humidity, water activity, dew point, temperature and light.
The business was founded in 1992 by Simon Long and is now the only exclusive approved UK agent for Novasina instruments and the exclusive museum supplier and service agent for Defensor humidifiers.
Rhopoint is an engineering and technology group of companies specialising in the design, manufacture, distribution and service of high quality products into niche markets globally.
The shareholders were advised by Noel Ruddy (Corporate), Sian Webber (Corporate) and Elise Sherwell (Real Estate).
Sarah Ediss of Kreston Reeves provided tax and accountancy advice.
Noel said “It was great to get the deal completed for Simon and Barbara quickly given the anticipated changes to the rules surrounding entrepreneurs’ relief. It’s an exciting time for Novatron as this transaction represents the next stage of the company’s growth”.
Sian said “We have enjoyed working with Simon and Barbara on this transaction and it was great to achieve a completion earlier than the time frames originally agreed. We wish Simon and the team every success for the future”.
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