Rosenblatt has acted for Energy Technique plc in its approved takeover by Volution Group plc by way of a court sanctioned scheme of arrangement for cash consideration which valued Energy Technique plc at approximately £9.25 million.
Energy Technique plc has an estimated approximately 25 per cent. market share of the fan coil market in the UK, with an end user base including Land Securities, Grosvenor Estates, Boots, Tesco and Sainsbury’s. Volution Group plc is a leader in the UK in the manufacture and design of Mechanical Ventilation with Heat Recovery products.
The Rosenblatt team was led by Tom Ferns and Jon Lovitt with assistance from Robert Black and Amanpreet Bhandal.