Carson McDowell advises The SHS Group on Acquisition of Standard Brands (UK)
26 July 2017
The SHS Group has today announced the acquisition of international ignition supplier Standard Brands (UK) Ltd, adding the Zip and Sunny Jim brands to a portfolio of owned brands and distribution agreements in the household category.
Carson McDowell advised The SHS Group on the acquisition.
Richard Gray, partner and joint head of corporate at Carson McDowell, said: “The SHS Group is a fantastic example of a Northern Irish company which takes a strategic and ambitious approach to its growth locally, nationally and internationally. SHS owns premium branded products including WKD, Merrydown Cider, Shloer, bottlegreen and Maguire & Paterson matches, and is the market leader in the supply of own label herbs and spices in the UK.
“The acquisition of Standard Brands will now bring the Group’s combined workforce to more than 880 and expands the brand’s reach in core markets abroad.
“Today’s announcement is an example of the SHS Group’s drive to succeed and we are delighted to have advised the company in relation to this deal. Contracts for the transaction have been exchanged, with completion of the transaction subject to clearance by the Irish Competition and Consumer Protection Commission.”