Corporate Finance Deal - Oxford Hardware

Warwickshire based commercial kitchen and refrigeration component supplier, Oxford Hardware, has been acquired by U.S. based Kason Industries, Inc.

Oxford Hardware is the market leading component supplier to the commercial catering and refrigeration industry. 

Kason Industries, Inc., headquartered in Atlanta, Georgia, is one of the largest suppliers of hardware and components for refrigeration, foodservice and industrial equipment. After a working partnership of many years, the acquisition enables Kason to cement its UK presence as leader in the sector.

The shareholders of Oxford Hardware brought in the West Midlands Corporate Finance team from Bishop Fleming to advise on the deal. 

Oxford Hardware director David Cleave said: “'Charles Davey and Phil Redgate at Bishop Fleming were unbelievably helpful and excellent guides thorough the labyrinths of a company sale. It was a deliberate two year process but by the time of the take-over every facet had been covered. I could not recommend them more and the same goes for the brilliant legal team at Roxburgh Milkins; Jason Milkins and Laura Guest”

Bishop Fleming’s Corporate Finance Partner, Charles Davey, commented: “I am delighted to have delivered this transaction for the vendors. They have built up a market leading brand in Oxford Hardware since their launch in 2001, and Kason Industries provides an ideal partner to deliver the next stage of its development. We had a deliberate strategy to ensure that the Company was prepared for the transition of ownership and with Kason, we know that we have found the perfect long term partner for the Company”