Penningtons Manches Cooper advises on Smithers' acquisition of ResChem

Smithers, a provider of testing, consulting, information and compliance services with a base in Surrey, has acquired ResChem Analytical Limited.

Smithers were advised on the deal by the corporate team at Pennington Manches Cooper, which included Oxford-based Partner Will Axtell and Senior Associate Dominique Sabatini, with support from senior associate Lindsay Chadwick and real estate senior associate Sarah Jordan.

ResChem Analytical Limited were advised by a team from Mackrell Solicitors.

The acquisition of ResChem, which specialises in pesticide residue analysis, includes the offices and laboratories at the Derby-based firm’s headquarters. It will allow Smithers to extend its global pesticide residue offering, along with expanding its network of field co-operators.

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Michael Hochschwender, CEO of Smithers, commented: “ResChem significantly enhances Smithers’ global pesticide residue offering by expanding our capacity, capabilities, expertise, and network of field cooperators, which greatly benefits our global clients in the agrochemical sector. In addition, we share a steadfast commitment to a client-first culture.”

Terrell Menefee, vice-president and general counsel, commented: “I’d like to thank Will, Dominique and the wider team at Penningtons Manches Cooper for their expertise and advice on this strategic, cross-border acquisition for Smithers.”

Will Axtell, corporate partner at Penningtons Manches Cooper said: “We are delighted to have advised Smithers on this important cross-border transaction, which will enable them to expand their already significant presence globally in the agrochemical sector, and we look forward to supporting them in the future.”

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