Birketts’ Corporate Team has recently advised SDI Group on the acquisition of the entire issued share capital of Collins Walker Ltd (Collins Walker) for £1.9m.
SDI Group is an acquisitive group, focused on companies that design and manufacture specialist lab equipment, industrial and scientific sensors and industrial and scientific products. Collins Walker Ltd is an electric boiler design and manufacturer, offering bespoke steam and hot water systems for industrial application.
The acquisition of Collins Walker provides SDI with “strategic entry into the highly regulatory-driven electric boiler sector, an expanding market boosted by net zero regulations”.
The Birketts team was led by Corinne Spencer (Senior Associate, Corporate) and supported by Macauley Alsford-White (Associate, Corporate) and Julia Harlock (Senior Associate, Commercial Real Estate).
Stephen Brown, Chief Executive Officer of SDI Group, said: “Collins Walker represents a strategic acquisition for SDI, aligning with our core investment criteria through its established position within a regulatory-driven, high-growth sector with international reach. Its lean, profitable operations offer a compelling opportunity for expansion, leveraging existing Group manufacturing capacity to capitalise on the growing Net Zero and energy efficiency markets.
Our thanks are extended to the Birketts team who were efficient and professional in their approach, ensuring the deal was completed smoothly.”
Corinne Spencer added: “It has been a pleasure to work alongside Stephen and his team, and we are delighted that the deal has now completed. I look forward to seeing SDI Group’s continued success following the integration of Collins Walker.”