Schofield Sweeney advises Vickers Laboratories on sale to Calibre Scientific
Vickers Laboratories, who has served the chemical industry for over 50 years have sold their entire issued share capital to Calibre Scientific, an acquirer headquartered in Los Angeles.
Calibre Scientific is a global provider of life science reagents, tools, instruments, and other consumables to lab research, diagnostics, industrial, and biopharmaceutical communities. Extending to over 175 countries, this acquisition strengthens their UK presence.
Vickers Laboratories’ directors, Phil Constantine and Paul Bottomley, have dedicated their careers to the Yorkshire-based company, starting as teenagers and rising up the ranks to management and ownership. Phil, who joined through a youth opportunity scheme, exemplifies a remarkable success story of the scheme, highlighting Phil’s continuing dedication and ambition.
Jack Venable of Schofield Sweeney commented on the transaction, “This was a fantastic outcome for all parties, and we would like to thank Phil, Paul, Sarah and Dianne for their tenacity and wish them every success for their future endeavours”.
Legal advice for Vickers was provided by a multi-disciplinary team from Schofield Sweeney:
Corporate – Jack Venable, Michael Cantwell and Victoria Boothby
Environmental – Craig Burman
Real estate – Howard Jenkins
Employment – Rajveer Basra
Tax – John Feaster and Kieran Berry
Dispute resolution – Annie Hui-Gillen
Malcolm Coomber and Katie Brockhurst from Clarkson Hyde acted as corporate finance advisers and Jayne McGlynn and Ellis Hart-MacLeay from DWF provided legal advice to Calibre Scientific.
This milestone deal highlights the collaborative efforts and expertise of all parties involved, paving the way for a promising new chapter for Vickers Laboratories and Calibre Scientific together.