Law firm Stephenson Harwood LLP has advised the sellers of Miers Construction Products Ltd (MCP) on its sale to SIG PLC.
MCP was acquired from two founding shareholders and four members of MCP’s management team. SIG is a Sheffield-headquartered supplier of specialist insulation and sustainable building products, and this transaction will enable it to expand its UK offering in high-performance construction accessories and fixings.
The Stephenson Harwood team comprised private equity partner Malcolm MacDougall, managing associate Rajiv Kakkad and associate Tom O'Connor. Further support was provided by tax partner Kate Worthington, real estate partner Catriona Berman, commercial partner Naomi Leach and associate Jonathan Howie, and employment managing associate Serena Foulkes.