TMC Hallcrest and LRC Hallcrest are family owned pioneers of temperature sensitive, colour changing graphic technology and specialise in the manufacturing of temperature indicating labels, pigments, inks and paints.
Harbour Group is a privately-owned operating company based in Missouri, USA. Harbour Group and its platform companies are engaged in the manufacture and distribution of a wide variety of industrial and consumer products. The Hallcrest Group of companies was acquired by the SpotSee Holdings. Lewis Silkin advised Harbour Group on the acquisition of SpotSee in 2019.
Lewis Silkin advised on the M&A (including corporate, tax, real estate and employment) and acquisition finance aspects of the transaction in the UK and worked alongside Harbour Group’s US lawyers, Blank Rome, who advised on the US elements of the transaction.
The Lewis Silkin M&A team was led by corporate partner Paul Rajput, with support from finance partner Fergus Payne, corporate tax partner Matthew Rowbotham, senior corporate associate Francesca Cunningham, corporate associate Jack Baldwin, real estate associate Amy Dring and employment associate Tom McEvoy.
The deal closed on the 23rd December 2020.
Commenting on the deal, Paul Rajput said:
“It was a pleasure to work with Harbour Group and Blank Rome on another manufacturing acquisition. I’m proud of our team’s efforts and collaboration on this international acquisition, which will enable Harbour Group and SpotSee to bring new products and capabilities to the broader customer base, as well as growing their important research and development capabilities”.