In May 2024, Carlisle-based Thomas Graham & Sons Limited completed its acquisition of B.L. Gilbert (Barrow) Limited.
Established in 1892, Thomas Graham is a family-owned, steel stockholding and industrial supply business with branches throughout North West England. To drive its growth plans, Thomas Graham sought to acquire B. L. Gilbert, a well-established Cumbrian business specialising in B2B machining and tool supplies, industrial parts and servicing / repairs.
UNW provided dual advisory and due diligence services to Thomas Graham, with support covering the drafting of heads of terms, reviewing proposed deal structure, financial and tax due diligence, SPA advisory and completion accounts review.
“UNW provided us excellent support with both technical and tactical advice on this deal. They helped us maintain a good working relationship with the sellers throughout the deal, even through the challenging times, which is so important to Thomas Graham & Sons moving forward.”
Roger Smith, Managing Director
Thomas Graham & Sons Limited