Magma Corporate Finance is pleased to have advised on the sale of Midlands-based Maziak Compressor Services to Swedish Group, Atlas Copco.
Maziak Compressor Services is a distributor of air compressors, nitrogen generators and process cooling equipment as well as related services and support. The company was founded in 1958 and employs 40 people from its Northampton headquarters.
The business will continue to operate as a stand-alone company under the Maziak brand name and the current senior management team. The acquisition expands Atlas Copco’s presence in the UK market.
Financial and tax advisers to Maziak were Shaf Bheda, Paul Orton and Jon Kicks. James Maynard and Ashley Simpson at Knights led the legal advisory team.
Shaf Bheda, Head of Corporate Finance, commented: “We are delighted to have been able to help Maziak achieve a successful outcome in this transaction. We have a long-standing relationship with the shareholders, which gave us a deep understanding of their business and their goals. This understanding allowed us to provide tailored advice that suited their specific needs.”