Corporate lawyers at Browne Jacobson have advised the sellers on
the sale of Blackwater Meadow Marina to ABC Leisure Group.
The deal also involves the acquisition and management of a
number of hire and shared ownership narrow boats located at
Blackwater Meadow Marina and two other marinas owned by a
consortium including Staffordshire Boats, Canaltime Management, HF
Limited and Tillerman Boats.
Blackwater Meadow is a relatively new marina situated in
Ellesmere, Shropshire, in a rural location, with almost 100
moorings along with the usual associated services. It is located on
the busy Llangollen Canal - the most popular holiday cruising
waterway in Britain.
The team from Browne Jacobson was led by Corporate Partner
Joanne Bligh and Solicitor Nick Mackenzie.
Dick Holly of Staffordshire Boats said:
“This is a highly complicated business which the Browne
Jacobson corporate team, supported by tax partner Andrew Noble,
were quick to comprehend. We were delighted by the experience and
dedication of the lawyers who delivered the service in a highly
professional, structured and coordinated manner.”
Corporate lawyer Nick Mackenzie added:
“This was a multi-faceted deal involving a number of key
stakeholders. It was a good deal for the vendors who had built up a
solid business over the years and for the new owners who see it as
an important strategic acquisition.”
ABC Leisure Group was advised by Shoosmiths.
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