RSM has advised on the sale of Boweld Truck Bodies to German based manufacturer Meiller.
Based in Holywell, Flintshire, Boweld specialises in the design and manufacture of steel tipping bodies and auxiliary equipment – supporting a range of clients in the commercial motor industry in the UK.
The RSM team, led by corporate finance partner James Wild with support from Nick Wyatt and James Jarvis, acted for the shareholders of Boweld on the transaction. Hill Dickinson’s corporate partner Ian Riggs with assistance from Sean Lightfoot acted as legal advisors to the shareholders.
James Wild, corporate finance partner at RSM, says: ‘The strategic deal brings a range of synergies in products and delivers a fantastic platform for Boweld to gain market share in the UK and across Europe. We were delighted to advise on another cross-border transaction to support future growth for an ambitious UK business.’