MacDonald Oates LLP advises on the sale of business assets of GT 85 Limited
MacDonald Oates LLP corporate partner Kevin Smith led the commercial services team on the sale of GT 85 products to WD-40 Company Limited.
GT 85 products sell globally to cycle, motor and industrial markets, from the business’s local headquarters in South Harting.
Commenting on the deal, Kevin Smith said “We are delighted to have advised on such a high profile deal. GT 85 is an internationally recognised brand and the business has had phenomenal success, assisted not least by its popularity amongst cyclists and the increase in participation in that sport. It is even more satisfying for us that GT85 is a locally based business which we have been able to support. The transaction adds to our expertise in advising businesses on corporate sale and purchase transactions and we see further significant growth opportunities for the firm in this area.”