TLT has advised on the sale of ICS Robotics and Automation, one of the UK's leading robotic and welding automation specialists, to global robotic automation company AWL Group.
TLT has extensive experience of working with the UK's fast-growing automation industry and advising businesses on how to achieve their growth ambitions. The firm delivered an end-to-end service from due diligence and negotiation through to tax, property and completion.
The team of corporate and robotics industry specialists was led by Nina Searle and included Nathan Williams, Dan Read, Edward Pitt and Ellie Bennun.
Beverly Templeman, director at ICS and selling shareholder, says: "We are delighted to become part of the successful AWL Group. TLT provided excellent advice and service throughout the various unexpected twists and turns of the deal process. I wouldn’t hesitate to recommend Nina and her team."
Nina Searle at TLT adds: "The UK robotics and automation market is a fast growing sector and we have seen a lot of activity here as businesses seek to grow through M&A or equity backing. This is an exciting next step for ICS as it seeks to add further value to its customers whilst providing a successful exit for founders Beverly and Martin Templeman.”