Burgis & Bullock have recently joined with other Midland firms with a combined age of 700 years to complete a deal involving a Black Country business with a famous pedigree.
Tipton-based Bodill Parker Limited was established in 1838 and manufactures a range of pressings, grommets, buckles, tips, aluminium plugs and caps, hooks and cable thimbles. The company was the first manufacturer of Sail Eyelets and during the first World War manufactured badges for the war office and was an early pioneer in the development of the brass manufacturing industry in the Midlands in the 19th Century.
The company was acquired by Stuart Fell and Iain Collis who were advised by corporate finance experts from Burgis & Bullock accountants (established 1887) and solicitors George Green LLP (established 1897). The shareholders of Bodill Parker were advised by Wolverhampton accountants Muras Baker Jones LLP (established 1880) and Underhill Langley and Wright Solicitors (established 1850).
Grant Howard, corporate finance partner at Burgis & Bullock, commented, “It is unusual for all the parties to a deal in 2012 to be able to trace their origins back to the 19th century. Bodill Parker is part of the region’s industrial heritage, but also now has a bright future under new ownership. We are delighted to have completed this deal with long established professional firms in the Midlands and look forward to the next 100 years of doing business together.”
Corporate partner Paul Bennett of George Green added, “These are exciting times for Bodill Parker Limited and we were pleased to advise on this deal. I’m sure the new management team will further develop this historic business and I wish them all the best for the future.”
Trevor Brueton of Muras Baker Jones and Stuart Hodson of Underhill Langley & Wright commented that both their respective firms had been pleased to act for the company for over 50 years; advising and helping 2 generations of the vendor’s family. “We all wish the company and its new owners every success in the future,” they said.