LK Shields Acts for Polypipe Group plc in the Acquisition of the Alderburgh Group

PUBLISHED: 10th October 2019

LK Shields acted for Polypipe Group plc, a leading provider of sustainable water and climate management solutions for the built environment, in the Irish aspects on the acquisition of the Alderburgh Group of companies.

Alderburgh is a leading designer, manufacturer and installer of plastic injection moulded stormwater attenuation tanks, structural waterproofing and geocellular membranes, gas barrier and ventilation materials.

The total cash consideration was £14 million on a cash and debt free, normalised working capital basis.

Jennifer McGuire, Partner, led the LK Shields team with assistance from Jennifer O’Neill, Consultant and Stephen Gamble, Trainee Solicitor.