Moore Barlow has advised the shareholders of Powys-headquartered CellPath on the sale of CellPath Holdings Limited’s entire issued share capital to American manufacturer of medical diagnostic equipment, StatLab Medical Products, an Audax Private Equity and Linden Capital Partners portfolio company.
About the transaction
The Moore Barlow team was led by corporate partners, Roger Bailey and Kirsty Bowyer, and also included corporate solicitor, Isabelle Balch, employment associate, Stephanie Clark and commercial solicitor, Quintin Farley. Our vast experience ensured that the transaction was completed in the smoothest and most efficient way possible for our clients.
Advising on the acquisition from start to finish, with involvement from the heads of terms through to completion which included extensive due diligence and disclosure exercises, we provided the assurance and certainty that our clients needed and made sure that they were comfortable with every aspect of the deal. Following completion of the deal the company will continue operating in the same locations and under the existing leadership structure to prevent any business disruption.
Hear from the clients
“StatLab is an excellent fit for us. Their US market access and business infrastructure will help jointly expand customer access to products and services as a global market leader. We also appreciate their leadership commitment to ensure we maintain the high levels of service and quality that our family’s business is known for as we partner as one organization.
“It’s a huge milestone which couldn’t have been achieved without the support Roger Bailey, Kirsty Bowyer and the Moore Barlow team who helped to ensure the acquisition, a complex process at the best of times, went smoothly.”
Paul and Philip Webber, CellPath Joint Managing Directors
Hear from our lead Partner
“Both CellPath and StatLab are at the forefront of supplying state-of-the-art modern medical consumables and equipment to Cellular Pathology labs. Their work ensures vital innovation throughout the sector. The two businesses complement each other’s propositions, and this is an exciting acquisition which will allow both to learn from each other’s specialties, expand their reach and grow across the globe so more people can benefit from their expertise.”
Roger Bailey, partner in the corporate team at Moore Barlow
How Moore Barlow can help you
If you require legal advice and services when going through the purchase or sale of a business, contact our expert team today.
About CellPath Holdings Limited
CellPath was founded in 1969 by Peter Webber as a histology consumables company known as Bethlehem Instruments, and quickly expanded into equipment. Over the years CellPath has built a reputation for innovation, novel product design and quality of both its products and its service. CellPath were the first to introduce an alternative source to Bayer for the embedding cassettes. Another first came with the introduction of the disposable microtome blade to the U.K. market. CellPath continues to provide key products and services to the cellular pathology markets worldwide
