Higgs & Sons, a law firm based in Brierley Hill, has advised Kirkby Steel Tubes Ltd (KST) on its acquisition of Eccles-based steel stockholding company Hilmar Tubes Ltd. Patrick Doyle, managing director of KST, said of the transaction: “Our business strategy is to look continually for new opportunities to satisfy our customers’ needs more completely, and the team at Higgs really helped us to make this deal happen. As such, we were able to move quickly while also finding solutions to some difficult questions.”
The Higgs corporate team comprised Nick Taylor (pictured right) and Jamie Partington (pictured left). Mr Taylor said: “We were delighted to act for KST on this transaction, which saw it acquire a company with a similarly rich heritage and strong values. The deal had to move to a tight time-frame, but a great result was achieved, securing a number of jobs for
the future in the process.”
KST, which is part of the Walsall-based Watts Clift Holdings Group, supplies high-quality welded steel tubes and components to a wide range of sectors, including automotive, oil drilling and pressure vessels. The company, which also specialises in products used in the pneumatic conveying industry, has a 50,000ft2 facility in St
Helens.
Higgs & Sons, which employs more than 200 people, was recently named corporate law firm of the year at the Midlands Insider Dealmakers event. Last year, it was ranked as the third most active law firm for corporate deals in the region in a report by Experian.