Bracebridge Corporate Finance advises on sale of Aktrion to Servest Group
|12 Mar 2018|
Bracebridge Corporate Finance has advised on the sale of Aktrion Holdings Ltd, a specialist in the provision of bespoke manufacturing support services, to the international facilities management provider, Servest. Bracebridge advised the sellers, including Graphite Capital, on the transaction. The acquisition sees Servest Group’s annual turnover increase to in excess of £1 billion globally.
Aktrion is an international business and manufacturing support services provider, running critical parts of clients’ operations on a contract outsourced basis. It has developed a strong presence in the printing, automotive, food and transport sectors. It achieved over £90m turnover in the last financial year.
Bracebridge Corporate Finance was appointed to advise on the sale process. Andy Moore, Managing Director commented: “There is an excellent strategic fit between Aktrion and Servest. The acquisition is part of Servest’s growth and diversification strategy, strengthening its presence in Europe and in the key sectors in which Aktrion operates”.
Andy Gray, Senior Partner with Graphite Capital commented: “The management team have built a robust business and we would like to take the opportunity to thank the team for their excellent leadership. We would also like to thank Bracebridge for their advice and support throughout the sale process”.
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