MC sells to offshore group
Friday 22 February 2013 5:00
Welding, fabrication and IT services company MC Ware has sold its mechanical and fabrication business to GST Offshore - now MC Ware Mechanical - for an undisclosed sum.
MC Ware Mechanical, based in Stokesley, North Yorkshire, delivers a full engineering services capability.
The disposal of the mechanical and fabrication business to GST will allow MC Ware to focus on its core IT business which includes providing IT installation services to the offshore and marine sector.
MS Ware was advised by commercial law firm The Endeavour Partnership.
Corporate partner, Nik Tunley, who led the transaction at Endeavour said: “It’s been a pleasure to work with Jonathan and MC Ware to implement this strategic disposal for the group.
"We look forward to working with Jonathan and his team going forward to support the group in its future business activities at what are exciting times ahead for an ambitious business.”
MC Ware’s managing director Jonathan Wheatley said: “The whole process has been very smooth; I am very pleased with the deal and the support I have had from Nik and his team at Endeavour Partnership. This is the first time I have sold a business and to have Nik to guide me through the more complex aspects of the deal was invaluable.”