We recently advised JMMT Holdings Limited on its acquisition of Rhino Engineering Group Limited, an engineering business specialising in the manufacture of metal doors and barrier systems.
The transaction included the acquisition of the entire issued share capital of Rhino Engineering Group Limited together with its trading subsidiaries, Rhino Systems Limited (trading as Rhino Doors), Rhino Site Systems Limited and Rhino HySafe Limited.
The acquisition represents a strong strategic fit for JMMT Holdings Limited, whose principal trading business is Morgan Marine Limited. Rhino Doors has worked closely with Morgan Marine for a number of years, and the acquisition is expected to enhance the combined group’s engineering capabilities, broaden its service offering, and create new opportunities for growth across multiple sectors.
Andrew Hoad, Partner in our Corporate and Commercial team, led the transaction, supported by Catherine Adamec, Daniel Burke and Michael Upfold.
Commenting on the deal, Andrew said:
“We were delighted to advise JMMT Holdings Limited on this transaction. The acquisition marks a significant development for the company and highlights the value of bringing together businesses with similar operations and an established commercial relationship. We congratulate JMMT on the completion of the deal and wish them and the wider group every success for the future.”
Dai Jones, Director at JMMT Holdings Limited, commented:
“It was a pleasure to work with Andrew and his corporate team on this acquisition, which brings together two complementary businesses with strong reputations in their respective markets. Having worked with Hugh James over many years, we greatly valued Andrew’s guidance throughout the transaction. His team supported us through the complexities of the deal with calmness and professionalism.”
