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Press Release - Fri, Sep 11, 2009

Steele Raymond LLP takes care of “Cool deal”
Leading South Coast solicitors Steele Raymond LLP have recently acted in the takeover of a Hampshire based supplier of air conditioning units, Wave Air Conditioning, in a sale to Fujitsu General (UK) Co Limited, the global Japanese technology giant. 

Wave which is based in Basingstoke and Birmingham was formed in December 2005 with a well-established team of industry professionals and quickly became one of the leading suppliers within the industry.   

Andy Stanford, Managing Director and shareholder of Wave said: “We are delighted to have achieved this important and strategic takeover for the company.   The takeover team at Steele Raymond LLP worked very hard on our behalf, often at quite unsociable hours due to international time differences, to help us complete the transaction in the timeframe required”. 

Tim Stone, Corporate Partner at Steele Raymond LLP who led the takeover team said: “I am very pleased that we have been able to assist in this important strategic move for the company. We wish everyone at Wave and Fujitsu General (UK) Co Limited every success for the future”.

Wed 8th September

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