Gotelee advises local manufacturer on share acquisition by US Company

Gotelee advises local manufacturer on share acquisition by US Company

Leading Suffolk law firm Gotelee Solicitors has advised Suffolk-based V-M Orthotics Ltd and sister-company Multiskill (UK) Ltd through a share acquisition by leading global provider of orthotic products, Darco International Ltd.

V-M Orthotics, situated in Peasenhall, Suffolk has been operating since 1985 manufacturing their own orthotic products as well as acting as a distributor for the West Virginia based Darco International. Gotelee acted for the NHS-supplier V-M Orthotics in all matters relating to the acquisition. The project was led by Corporate and Commercial Partner Max Harnden and assisted by Corporate Partner Petra Sharp and Trainee Solicitor Annalise Shelcott.

Jon Vander-Molen, Managing Director of V-M Orthotics commented: ‘When embarking upon the sale of the shares we anticipated a convoluted and lengthy process and were unsure of whether we would meet the tight timescales required by both parties. In reality, we loved every minute of working with Max and with Gotelee and appreciated his unique ability to put a complex subjects into simple, understandable explanations.’

Max Harnden said; ‘We’re thrilled to have acted for V-M Orthotics in this global transaction. This new dimension to the companies’ partnership will strengthen both businesses in their sales to customers across the healthcare spectrum on both sides of the Atlantic.’

Gotelee is a leading Suffolk firm of solicitors, established in 1880. The firm offers a range of legal services from its offices in Ipswich, Felixstowe, Hadleigh, Melton and Woodbridge. For more information visit www.gotelee.co.uk .