We advise AxFlow on acquisition of Moody Direct

We have advised AxFlow UK on its acquisition of Moody Direct.

AxFlow is one of the UK’s leading providers of pumps, valves, mixers and heat exchangers in the fluid handling sector and is part of the Axel Johnson AB group with operations across 26 European countries.

Moody Direct is one of the country’s foremost suppliers of process and packaging solutions to the dairy, food and beverage industries and the chemical and pharmaceutical industries.

Our team was led by Corporate Finance Director Craig Dallender and supported by Corporate Finance Manager Sakshi Gupta, Corporate Finance Assistant Manager Mark Cheung, Tax Senior Manager Mohammed Mujtaba, Tax Manager Karl Dillow and VAT Senior Tanraj Bansal.

Legal advice to AxFlow was provided by Partner Danielle Austin at Geoffrey Leaver Solicitors.

Craig said: “It was a privilege to work alongside Diane and the AxFlow team on this acquisition. Kreston Reeves has built a strong buy-side corporate finance team, helping businesses grow through strategic acquisition. We are thrilled to have played a part in the continued growth of AxFlow.”

Neil Langdown, Managing Director of AxFlow UK said: “We are thrilled to welcome Moody to the AxFlow family. Its expertise in hygienic sales and servicing and reputation for best-in-class customer service will strengthen AxFlow’s existing position in the UK. Moreover, this will enhance our onsite service capability and enable us to offer our customers a comprehensive service offering for homogenisers, separators and plate heat exchangers.

Diane Booth, Finance & Operations Director at AxFlow said: “I would like to thank the team at Kreston Reeves. Their advice has been timely, insightful and critical to get this deal done.”

Ken Wild Director of Moody said: “Moody’s success has been built on technical expertise and a commitment to customer satisfaction. Joining forces with AxFlow UK not only strengthens our ability to serve customers in our core segments of F&B and Dairy but also opens up new avenues for growth, particularly in the processing industries.”

For more information, please contact a member of our team. You can also explore all of our latest deals here.