Transaction
Alad Ltd sale to Hemming Group
Meta Corporate Finance is pleased to announce the sale of Alad Limited to Hemming Group.
Alad, established in 1995, is a leading niche media owner specialising in Highways Construction and Maintenance, and the international venue and stadium building and facility management sectors.
Hemming Group’s publishing business dates back to the late 19th century and includes 30 business to business magazines, web sites and trade directories serving a diverse range of industries. The company also owns and operates numerous trade fairs and conferences.
Alan Levett, the founding Director of Alad, retires, with Neil Levett (Alan’s son and Managing Director of Alad), moving to Hemming Group.
Neil Levett, said “We are delighted that Alad has joined Hemming Group and look forward to expanding further in our specialist sectors alongside existing Hemming products” He continued; “I am pleased that we appointed Meta Corporate Finance to work with us on this transaction. Their focussed approach to the tasks at hand meant that the disruption to the day to day workings of the business was kept to a minimum.”
Mark Ledger-Beadell of Meta Corporate Finance said “I am pleased to have helped Neil with this transition to new ownership and look forward to working with him further within the Hemming Group.”
Client:
Alad Limited
Service:
- Sell Side
Region:
UK
Sector:
- Media & Publishing, Transport & logistics
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