Restore plc, one of the UKs leading document management and relocation support services providers, has purchased Spinnaker Waste Management Limited, a leading Portsmouth based Waste Electrical and Electronic Equipment (WEEE) and electronic waste recycling company.
The legal advice to the Spinnaker management team was provided by leading regional law firm Moore Blatch. Restore were represented by Fieldfisher.
Mick Mills, director, Spinnaker Waste Management, comments; “We are delighted to have completed the sale of Spinnaker to Restore and are grateful for the commercial and pragmatic support and advice from Moore Blatch that enabled this transaction to go through as smoothly as it did. Spinnaker and Restore offer complementary services and so this seemed an ideal opportunity for our business.”
Hayleigh Sears, corporate solicitor at Moore Blatch, says; “Our aim is to support entrepreneurial businesses to achieve their growth objectives, whether through acquisition, organic growth or sale. By supporting the team at Spinnaker Waste Management in their sale to Restore, we have helped enable the company to achieve just this. We wish them every success for the future.”