What the acquisition means for both companies
While the terms of the acquisition remain undisclosed, AVDanzer will continue to operate from its sites in Manchester and Langley Mill, with the anti-vandal steel manufacturing division maintaining the AVDanzer name. The Brentwood depot will be absorbed into Wernick’s existing locations in Essex and Kent. Helen Webster will also stay on with the business.
A bright future ahead
The acquisition signals a win-win for both Wernick and AVDanzer, with the combined strengths of both businesses set to enhance their service offerings and industry reach.
The Danzer shareholders were advised by CapEQ and HCR Law. Wernicks was advised by Burness Paull.
James Pugh, Director at CapEQ, who advised on the deal, remarked:
"The tie-up with Wernick is a real win-win for staff, customers, and suppliers. We are excited to see how both companies will continue to thrive together."