We advise MIG Holdings Limited on Acquisition of First Mainland Opticians
Published: 20 December 2017
PDT Solicitors’ Real Estate Team advised Guernsey based opticians practice, MIG Holdings Limited, on the acquisition of its first mainland practice in Henley-on-Thames. The acquisition gives MIG Holdings Limited both a foothold in the mainland market and a platform on which to build its operation through further acquisitions and expansions.
"Working with the property team at PDT was a real pleasure and we look forward to embarking on further projects with them moving forward. Craig was approachable and responsive throughout and his extensive legal knowledge and commercial application were invaluable in negotiating some complex and involved issues and to getting the deal to completion. We couldn’t have been happier with the service we received and would recommend PDT without hesitation."
Amar Bahra, Managing Director, MIG Holdings Limited
In addition to the acquisition, PDT Solicitors also acted for the lender, Barclays Bank Plc, with the associated security requirements, including ensuring the enforceability of the bank security under the laws of Guernsey.
Craig Burton, Real Estate Partner at PDT, said “We were thrilled to have the opportunity to work with the team at MIG Holdings Limited. The acquisition presented us with a number of interesting challenges to which we were able to provide commercial solutions to ensure the deal was completed in the timescales required by both parties. I am sure the acquisition will give the company a great platform from which to grow and expand in the UK market”
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