The corporate team at Wilkes, proudly acted for Merriott Plastics to facilitate the merger between two of the UK’s premier contract moulders, Merriott Plastics and Talisman. This strategic merger will create a multi-site, multi-competence business poised to deliver enhanced product development, manufacturing, logistics, and technical support to customers, particularly in the Midlands, South West, and South East regions.
The newly formed entity will be jointly led by Shaun Champion of Talisman and Andrew Lawrence of Merriott Plastics. Andrew Lawrence expressed his enthusiasm for the merger, stating,
“We are truly delighted to announce this historic merger, bringing both these industry names together in the service of our customers and for UK manufacturing, while also honouring the legacy tradition that has brought us together.”
This merger is a significant step for both companies, each with a rich legacy. Talisman, formerly known as LGG Charlesworth until 2018, boasts a history of over one hundred years, while Merriott Mouldings began operations in Merriott, Somerset, in 1938, and ICM in Rochester, Kent, in 1947. Both companies are esteemed members of the British Plastics Federation, contributing greatly to the UK plastics industry.
Andrew Lawrence said of working with Wilkes on this deal,
“With the support of Wilkes’ team, the merger was seamlessly executed. They were able to expertly manage all aspects of the transaction, ensuring a smooth and efficient process. We have worked with Wilkes for quite some time, and we look forward to continuing this long-standing relationship”
Rick Smyth, Partner at Wilkes, commented on the successful completion of the deal,
“We are delighted to work with Merriott again. This deal showcases our commitment to developing long-lasting client relationships and our capability to deliver significant transactions. By collaborating with our real estate and employment departments, we efficiently managed all aspects of the transaction, demonstrating our ability to handle complex, high-value deals for our clients.”
Working on this deal was Rick Smyth, Partner, supported by Lucy Freeman, Senior Associate and Matt Workman, Paralegal, from the Wilkes Corporate team and Mark Hodgson, Partner, and Leighann Richards, Senior Associate, from the Wilkes Real Estate team.