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Heald Solicitors LLP Announces Client's Acquisition of Avolites Limited

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Heald Solicitors LLP is pleased to announce the successful completion of a major acquisition by one of its long-standing clients, ROBE Lighting s.r.o. This transaction marks a significant milestone for both ROBE and Avolites and exemplifies the expertise and dedication of their teams.

Following ROBE’s expression of intention earlier in the year ROBE has entered into a definitive agreement with the Avolites shareholders. The acquisition will undoubtedly strengthen ROBE’s position in the entertainment lighting industry. The acquisition reflects ROBE's commitment to strategic growth and innovation within their industry.

David Dees, Partner of the Corporate & Commercial team from Heald Solicitors, remarked:

"We are thrilled to have played a pivotal role in facilitating this acquisition. It is a testament to the hard work and determination of both ROBE and Avolites that they have successfully navigated this complex process."

The acquisition of Avolites is expected to bring several strategic advantages to ROBE, including enhanced competitive positioning. This transaction has been met with widespread industry interest, and it positions ROBE as the leading player in their sector.

ROBE's Managing Director in the UK, Mick Hannaford, expressed enthusiasm about the acquisition, saying:

"This is an exciting moment for our organization. We are confident that this strategic move will accelerate our growth and allow us to better serve our customers. Heald has a highly professional team which I strongly recommend”.

The Corporate and the Real Estate teams at Heald worked diligently to ensure that the acquisition process was conducted smoothly, adhering to all applicable legal and regulatory requirements. Their expertise in mergers and acquisitions law, combined with their dedication to their client's success, played a pivotal role in the successful completion of this transaction.

Heald congratulates ROBE and Avolites on this significant achievement and looks forward to continuing to provide expert legal counsel and support as they embark on this new chapter.


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