Whitehead Monckton’s corporate team have advised shareholder, Kevin Wyatt, on the sale of the entire issued share capital of Loxton Installations Limited to MDR Electrical (Kent) Ltd.
Loxtons enjoys a reputation for providing professional electrical contracting services comprising of electrical design and installations, control panels and motor control centres, ATEX & COMPEX, thermal imaging and testing, planned maintenance and car charging installation.
Loxton’s is located in Aylesford, servicing both Kent and its surrounding counties. From its conception in 1977, Loxton has grown from two employees to over 40 and into a well-established and renowned electrical contracting company, offering specialised solutions for the commercial and industrial sectors.
Whitehead Monckton’s team was led by Head of Corporate, Daniel Tozer, and supported by Jamie Crocker, Jessica Elphick, Ben Gallafant and Lydia Ashman
Speaking of the sale, Daniel said, “I am delighted to see Kevin realise his ambition to sell the business on terms that work for him, recognises the strength of the business he has built and ensures the business remains in safe hands going forward.”
I am happy to have found a successor in MDR that will continue to run the business with the same values as I have and ensure all staff and customers continue to be looked after. I was keen secure the future of Loxtons so that the business will be here in another 40 years and I am confident this will be the case It has been great to have advice delivered in plain English. You have worked tirelessly to get the deal done on time for the Budget and I have no hesitation in recommending WM to others.
