Julian Miller, Finance Director at Arbo, said “We were keen to find the right succession plan for the Arbo business and Carlisle presented us with a great opportunity. We are excited to become part of their Group, which undoubtedly brings new opportunities for Arbo. We were delighted with the advice and support we received from the teams at Flint Bishop and Smith Cooper.”
Flint Bishop Corporate Partner, Rachel Bennett led the legal advice and commented, “This is an excellent deal for all parties.
"The shareholders have done a fantastic job progressing the business since their acquisition nearly 10 years ago and this deal gives them an excellent platform to develop the business further as part of a global group.”
Janet Morgan, Audit Partner at Smith Cooper added, “We are delighted for the team on the completion of this deal. We have worked with Adshead Ratcliffe (Arbo) since 2007, when we advised on the successful management buyout of the company.
"We have continued to work with the business over the years as both auditors and advisors. We wish the team well in their future ventures.”