Acquisition of Sterr & Eder by Norman Hay Plc

Deal typeTransaction Services

The BDO Birmingham Transaction Services team recently advised Norman Hay PLC on their second major acquisition in as many months. Following the successful acquisition of the US based Sifco-ASC, the company has now acquired Sterr & Eder, a specialised, technical engineering business based in Germany. Sterr & Eder provides a range of skilled processing services to the automotive and foundry industries.    

“This is the second time that Norman Hay PLC have engaged the BDO Transaction Services Team to assist with a cross border acquisition. Once again they proved to be a key partner in the transaction process. Having now experienced BDOs international due diligence offering in the UK, the USA, Germany, France and Sweden, we would be happy to recommend their services for multinational due diligence assignments.”

Nick Ogden, Group Financial Director, Norman Hay PLC