Our Corporate Finance Team recently acted as the exclusive advisor for the directors of Urns (UK) Limited on the sale of the business to Groupe Dunatis, for an undisclosed sum.
Based in Watford, and founded in 2010, Urns UK is a family run business providing a variety of urns, caskets, pendants and keepsakes – many of which are designed and created in-house and cannot be found anywhere else in the world.
Founded in 1998, Groupe Dunatis specialises in manufacturing, cutting, shaping, and finishing of granite, marble, limestone, slate, and other stones for buildings. Groupe Dunatis is a leader within its field, with 6,000 customers, 60 employees and 8 brands marketing in 5 countries – France, the UK, Italy, the Netherlands and Belgium.
Our corporate finance team provided transaction support and guidance throughout the selling process to Urns UK to ensure the firm was achieving the best possible outcome.
Commenting on the deal, Kevin Paget, corporate finance director at Menzies LLP, said:
“It was an absolute pleasure to work with the shareholders of Urns (UK) Ltd on the sale of the business to Groupe Dunatis and I’m sure that under the new ownership the business will continue the success that it’s achieved over the years to date.”
Bhavna Patel, Joint Owner and Founder of Urns UK said: “Our sincere thanks go to Kevin Paget and the Menzies team for their fantastic support throughout the transaction, not only guiding us expertly through the intricacies and technicalities, but also for their superb handling of all the emotional aspects and tensions that come with selling a family business. I would highly recommend Kevin and the Menzies team to any owner of a family business seeking to sell their business.”
Rik Pancholi from Pattersons Commercial Law provided legal assistance throughout the transaction for Urns UK.
For further information on this deal completion, please click here. Alternatively please contact Kevin Paget directly via email at kpaget@menzies.co.uk or call 07949 076 726.
ABOUT MENZIES CORPORATE FINANCE TEAM:
Our award-winning team take a quality driven, proactive and personal approach to advising transactions. Our corporate finance team will provide you with director-level advice and support, while working alongside other Menzies employees from the wide-ranging skill set available within the firm, to ensure that the advice we give encompasses all your needs.