Hill Dickinson’s corporate team has advised the shareholders of EU Fire & Security on its sale to Newbury Investments, a Berkshire-based privately owned trade buyer. 

Rochdale-based EU Fire and Security is the UK’s largest independent fire alarm distributor. Alongside fire alarms, the firm also distributes a wide range of life safety and security products. It offers an integrated service to customers which includes fire alarm design, supply and commissioning.

Martin Crossley and Mark Walsh launched the business 15 years ago and have established it as a market-leading company with annual revenues of more than £12m and a team of 25 staff nationwide.

EU Fire & Security will become part of Newbury Investments’ subsidiary, Norbain Holdings, a UK distributor of CCTV, access control and intruder detection solutions.

This acquisition will boost Norbain Holdings’ geographic presence as a leading distributor of commercial safety products and it also presents compelling opportunities to cross-sell between both organisations’ customers.

Hill Dickinson corporate partner Ian Riggs led on the transaction with support from associate Sean Lightfoot.

Commenting on the deal, Ian said: 'We are delighted to have acted on this transaction and it has been a pleasure to work with the shareholders of EU Fire & Security. This transaction comes at a time of significant activity in the building services sector. We wish both the shareholders and the company well for the future.'

Mr Crossley and Mr Walsh added: 'We felt that now was the right time for us to find a strategic acquirer for our business to allow it to fulfil its potential and move to the next phase in its development.

'We are sure that in Newbury Investments we have found a great home for EU Fire & Security.'