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Knights says it advised DePe Gear shareholders on an 82% stake sale
Knights said it advised DePe Gear’s shareholders on selling an 82% stake to Sweden’s Addtech Nordic AB. The firm said the sellers included Andrew Jubb, Nigel Parker, their families and other shareholders of parent company Mechanical Power Transmission, with Karen Procter leading its advisory team.
Key points
- Knights said DePe Gear was established in Stoke-on-Trent in 1987.Knights
- The firm said DePe Gear employs 57 manufacturing specialists.Knights
- Knights said the business supplies precision gears, transmissions and driveline components for industrial applications.Knights
- The firm said its corporate, real estate, employment and competition lawyers supported the sale.Knights