Acquisition of SIFCO Applied Surface Concepts Group by Norman Hay Plc

Deal typeTransaction Services

The BDO Transaction Services team recently advised Norman Hay PLC on their acquisition of SIFCO Applied Service Concepts Group, ("SIFCO ASC"), from SIFCO Industries Inc. SIFCO-ASC is the world's largest manufacturer and supplier of process equipment and associated chemicals for selective electroplating and anodizing. It operates from four locations in the USA (Cleveland, Houston, Connecticut and Virginia) and four in Europe (UK, Sweden and two locations in France).     

“The BDO Transaction Services Team were a real asset during our acquisition of the Sifco Applied Service Concepts Group. Their UK team were quickly able to liaise with their colleagues in New York, France and Sweden to provide an integrated financial and tax due diligence service, in order to meet the tight transaction timetable. They were proactive in their communications with both Norman Hay PLC and our bank, enabling the process to progress smoothly to completion. We would be happy to recommend their services.”

Vic Bellanti, Chief Executive, Norman Hay PLC