BDO’s Building Products & Services M&A team advised on the cross-border sale of ML Accessories to SLV, which is backed by Ardian Capital. MLA is a leading B2B developer and distributor of lighting products and wiring accessories, with a key focus on LED and a strong track record of product development. The business has a diverse customer base and operates as a key player within the supply chain.
The UK lighting market is an attractive sector and is in a period of transition driven by significant product innovation and development. Acquisition of MLA accelerates SLV’s expansion in the UK and enhances its position as a leading international market player.
“BDO was instrumental in ensuring the successful sale of the business. There were a number of challenges during the process and BDO managed the issues effectively and assisted us in negotiating the best deal and outcome for us the shareholders.
Being able to utilise BDO’s international network was key and the team identified a number of suitable and relevant international buyers that we were not familiar with. The level of sector knowledge and knowledge of prospective buyers’ strategy was highly impressive. Having access to M&A experts who understood our sector was invaluable.
I would have no hesitation in recommending BDO to anyone who is considering the sale of their business.”
Doron Rosenfeld – Shareholder and Managing Director