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LK Shields Solicitors act in sale of Mentec companies.
LK Shields Solicitors acted for Mentec Integrated Solutions Limited,
the vendors in the sale of the entire issued share capital of Mentec
International Limited (an Irish company), Mentec International Limited
(a UK company) and Transfare Solutions Limited (a Northern Ireland
company) to Calyx Group Plc (Calyx), a company which is listed on
the AIM and IEX markets. The total consideration was €16 million,
made up of €12.75 million in cash and €3.25 million's worth of shares
in Calyx.
Based in Dublin and Leistershire, Mentec is an innovative provider
of IT products and services. Mentec supplies technical and managed
services and applications to a blue-chip client base throughout
Ireland and the UK, primarily in the public, manufacturing, distribution
and professional services sectors.
Emmet Scully,
a Partner in the Business
Department, led the team with assistance from colleagues in
the Intellectual
Property and Technology Unit, Employment,
Pensions and Employee Benefits Unit and Commercial
Property Department.
December 2006.
© 2003-2009 LK Shields Solicitors.
All rights reserved.
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