Clarkslegal has successfully advised the world-leading manufacturer of products and systems for LP gas cylinder filling, Kosan Crisplant A/S, on its purchase of Swansea-based LP gas engineering company, RMS Gas Engineering.
The acquisition expands KC ProSupply, Kosan Crisplant’s trading division that supplies gas-related components and equipment as well as consultancy services to the gas industry worldwide.
Lars Karlsmose, financial director of Kosan Crisplant, said: “The Clarkslegal M&A team has managed the process efficiently and provided valuable advice during the different stages, leading to a good result for us. We can highly recommend the team.”
Clarkslegal's Ashan Arif commented: “This represents a significant strategic acquisition for Kosan Crisplant in the UK and I am delighted that we have played a leading role in successfully concluding this purchase. Negotiations were not always straightforward and significant last-minute issues posed some threat to the deal but the parties, together with the advisers, demonstrated a real desire to get the deal over the line.”
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