Hay & Kilner advises on acquisition of NEOS Protect
Hay & Kilner has advised the shareholders of NEOS Protect Holdings Limited on the successful acquisition of the business by Shropshire-based investment group Sorvio Group Limited.
Gateshead-headquartered NEOS Protect is a leading UK manufacturer of specialist accredited security, fire and Passivhaus doors for communal and multi-occupancy buildings. Since its establishment in 2011, the company has built a strong reputation as a market leader in the sector.
The acquisition provides a platform for NEOS Protect’s continued growth and long-term expansion, while enabling a smooth leadership transition and delivering the succession plans of shareholders Steven Thomas and Paul Sampson. Steven Thomas will retire from the business following the transaction.
All employees will be retained as part of the deal. Paul Sampson will continue as Director, while Kirsty Thomas has been appointed Managing Director.
Hay & Kilner’s Corporate Team advised NEOS Protect and its shareholders on the transaction. The team was led by Partner Mark Adams, supported by Ben Jackson and Lydia Sevenoaks.
Mark Adams, Corporate Partner at Hay & Kilner, said: “NEOS Protect is a highly regarded and well-established business, and we were delighted to support Steven, Paul and the wider team on this important transaction. The acquisition provides a strong platform for the company’s next phase of growth while ensuring continuity for its people, leadership and customers. It has been a pleasure to work closely with the shareholders on their succession plans and help secure NEOS Protect’s long-term future.”
Corporate finance advice to the shareholders of NEOS Protect was provided by Clive Owen LLP, led by Corporate Finance Partner Michael Cantwell with support from Corporate Finance Executive Joe Vera-Sanso and Tax Partner Stephen Harris.
Michael Cantwell said: “We are delighted to have supported this successful strategic transaction, helping Steven and Paul deliver their succession plans and position the business strongly for continued growth.”
Sorvio Group was advised by Azets and Cooper Burnett.
Get in touch to find out how our Corporate Team can help you.
Expert commentary & updates
Guarding against post-deal surprises: the crucial role of warranties and indemnities
Lydia Sevenoaks, from our Corporate Team, guides you warranties and indemnities in M&A, explaining how they protect buyers, manage risk, and support effective due diligence in business acquisitions.
Companies House ID verification requirements: What businesses need to know now
Lydia Sevenoaks, from our Corporate Team, explains new Companies House ID checks. Learn key UK identity verification rules, deadlines and what your business must do now.
Hay & Kilner advises TRACK7 Technology Group on Flex4 acquisition
Hay & Kilner Corporate Team advises TRACK7 Technology Group on Flex4 OPS acquisition, marking the group’s first deal in digital commerce.
Starting a business: Key legal considerations explained
Starting a business involves more than a great idea. Charles Danjoux, from our Corporate Team, explains the key legal considerations that can shape your venture’s success.
Hay & Kilner plays key role in Q-Laser’s sale to growing engineering group
Hay & Kilner’s corporate team advised on the sale of Q-Laser to a growing engineering group, providing expert legal support through a strategic business transaction.
Preparing for a seamless sale
Lydia Sevenoaks from Hay & Kilner's Corporate Team outlines how a legal health check can help business owners prepare for sale, streamline due diligence, mitigate risk and maximise value.
Understanding warranty claims in M&A
Charles Danjoux, Solicitor in Hay & Kilner’s Corporate Team, explains warranty claims in business sales, outlining key legal risks, claim triggers and how sellers and buyers can protect themselves.
Leave us a message
Send us your query and we will be back in touch as soon as possible.
For the latest insights, updates and events join our mailing list