Max Co. Ltd. signed an agreement to acquire Lighthouse (UK) Limited from Steve Fessey.
January 02, 2014 at 11:00 pm
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Max Co. Ltd. (TSE:6454) signed an agreement to acquire Lighthouse (UK) Limited from Steve Fessey in December 2013. Lighthouse's senior management team will remain with the business, including Steve Fessey, founder and Managing Director and Business Development Director Simon Ashley.
Karl Jansen of Freeth Cartwright LLP acted as legal advisor to Steve Fessey.
MAX CO., LTD. is a manufacturer of industrial equipment, such as nailing machines, air compressors, reinforcing bar tying machines, battery charge tools, bathroom heaters, ventilators and desiccators, as well as 24-hour ventilation systems, office equipment, such as staplers, time recorders, text display equipment, auto staplers and others, as well as home care & rehabilitation (HCR), such as standard, special wheel chairs and others. The Company has three business segments. The Office Equipment segment is engaged in the manufacture and sale of office equipment and stationery related products. The Industrial Equipment segment is engaged in the manufacture and sale of building equipment and housing equipment, among others. The HCR segment is engaged in the manufacture and sale of nursing care and welfare equipment.