What are you looking for?

14 June 2021 | Firm News | Article by Greg Williams

Hugh James advises on expansion of Creo Medical Group

Lawyers from the Hugh James Healthcare sector team have supported Creo Medical Group with its latest expansion plans.

Commercial Property Solicitor, James Guile, provided advice to the medical device company as it exchanged contracts to acquire the freehold interest in its Chepstow headquarters and an adjacent site.

Creo House has current total capacity of approximately 18,000 sq ft and the adjacent site, subject to receiving planning permission, will provide an additional 16,000 sq ft of space.

The firm, which focuses on surgical endoscopy, has struck the £4.25m deal to support commercial roll-out. The freehold will be acquired from Fastnet Property Investments Ltd, the original developer of the site.

Partner and Head of the Healthcare team, Greg Williams, said today:

“Creo Medical is a fantastic company which continues to go from strength to strength. We are very pleased to have supported Creo Medical on this strategic acquisition of their headquarters and look forward to seeing them delivering important clinical and technical innovations from the site.”

The healthcare team have been involved in a number of exciting transactions recently, including the sale of the 34-branch Sheppards Pharmacy Group and the acquisition of Brookes pharmacy.

Our dedicated Healthcare sector team is led by Greg Williams, who is highly regarded within this sector due to his wealth of experience acting for retail pharmacy owners on their transactions.

To discuss any queries you may have regarding pharmacy transactions, please click the button below to talk to our dedicated team.

Author bio

Greg is a partner within the corporate and commercial team. He has a wealth of experience advising on a wide range of corporate transactions with a focus on domestic and international M&A, advising investor and investee companies on private equity investments, particularly in the life science sector. Greg’s clients include Development Bank of Wales, Creo Medical and FP Hurley. He has acted as the lead on a number of standout corporate transactions including Voltcom on its reorganisation and multimillion pound investment by Beechbrook Capital and sale of Amber Engineering of Biffa Plc.

Greg also leads the dedicated healthcare team. He is highly regarded within this sector as has a wealth of experience acting for the healthcare and the life sciences businesses.

Disclaimer: The information on the Hugh James website is for general information only and reflects the position at the date of publication. It does not constitute legal advice and should not be treated as such. If you would like to ensure the commentary reflects current legislation, case law or best practice, please contact the blog author.

Contact one of our experts

Fill in the form and one of our experts will get in touch with you shortly.