BDO’s Mergers & Acquisitions team advised the shareholders of Birmingham Specialities Limited on its sale to Indutrade AB (‘Indutrade’). With a heritage of nearly 100 years, Birmingham Specialities manufactures high quality pressed and machined metal components for a diverse range of sectors. Indutrade, listed on the Stockholm Stock Exchange, markets and sells components, systems and services with a high-tech content within five business areas. Birmingham Specialities will form part of Indutrade’s Special Products business area which focuses on specially manufactured niche products, design solutions, aftermarket service and assembly, and special processing.
The Shareholders and Directors were delighted with the sale of the Company to the Indutrade Group. This sale secured the ongoing future of the Company together with job security for all employees.