16 October 2019
International law firm Taylor Wessing has advised the shareholders on their sale of GTI Corporation Limited (GTI), a manufacturer and designer of specialist systems and tools to the luxury car trade, including Aston Martin, Bentley and McLaren.
The sale to trade buyer Kanwal Holdings follows a long period of collaboration between GTI and Taylor Wessing, including acting on strategic corporate and commercial advice and the settlement of litigation proceedings involving GTI.
Commenting on the deal, Corporate partner Edward Story, said: “This deal required expertise from across the firm, drawing in skills and knowledge that reflect the wealth of talent we possess. We have worked alongside GTI for many years, and it is a pleasure to complete this deal and to realise the shareholders' ambitions."
Outgoing Managing Director Kevin Stibbards added: “We’re very grateful for all the hard work that Taylor Wessing has put into this sale. They’ve been a valuable partner and the team has been providing expert counsel for some time."
The sale team was led by partners by Edward Story together with associate Joe Cooper and senior associate Ben Wilkinson, and litigation support from partners Nick Moser and Tim Strong and associate Helen Robinson.