Browne Jacobson advises the shareholders of Termate Limited on sale to N Industries Group Limited

UK and Ireland law firm Browne Jacobson has advised the shareholders of Termate Limited, a Nottingham-based manufacturer of safety-critical electrical insulation components, on its sale to N Industries Group Limited, a company that specialises in acquiring and developing UK-based industrial companies.

Founded over 80 years ago, Termate designs and produces a range of proprietary electrical insulation and termination products that enhance electrical safety and system reliability. The company serves a global client base across a broad range of end markets, including data centres, battery and energy storage, and other electrical infrastructure applications.

N Industries Group acquires majority stakes in small UK industrial businesses with the goal of developing their business models and preserving their legacies. As the permanent owner of these businesses, N Industries works with existing management to develop them.

The Browne Jacobson team advising on the transaction was led by corporate partner Richard Cox, with support from associate Lydia Mills, principal associates Craig Thomas (tax) and Jennifer Jenkins (employment), and senior associate Karine Kirlew (real estate).

Richard said:

“We were delighted to support Rob and the Termate team on this transaction having advised Rob and his family over the last 30 years. The business has a strong legacy and impressive technical expertise in a highly specialised market, and we look forward to seeing it thrive as part of the N Industries Group.”

Rob Swann, managing director and owner of Termate, added: 

"This is a significant milestone for Termate. Since taking on the company from my father, I have worked hard with the management team to build and grow a successful business. I am pleased to see Termate become part of the N Industries group, as this partnership will enable Termate to better serve its global customer base and drive innovation."

Browne Jacobson’s expanding corporate and M&A department has extensive experience assisting both public and private clients on domestic and cross-border transactions including M&A, investments, and restructuring. The team has broad sector coverage, including retail and consumer, real estate and construction, manufacturing and industrials, energy and infrastructure, and technology.  Recent transactions which the firm has advised on include national retailer The Range on its acquisition of Homebase, and global digital transformation services provider Bluprintx’s acquisition of US-based e-commerce consultancy ITG Commerce.