Freeths advises Veriflo on its sale to Celnor Group

Headquartered in Kent, Veriflo is a professional strategic project management company, and a leading expert in clean water asset services and leakage management.

Celnor Group provides a board range of inspection, testing, certification, and compliance services to commercial clients across the UK. This deal will enable Celnor to develop capabilities in the clean water space.

The Freeths team was led by Corporate Partner Malin Svanberg Larsson. She was assisted by Managing Associate Elizabeth Cotton, with further support from Trainee Solicitors James Leavy and Rhianna Melvin. Tax advice was provided by Partner Claire Boyce and Managing Associate Nur Alzubeydi. Specialist support was received from Employment Associate Niamh Hogg, and a wider, multi-disciplinary team.

Commenting on the deal, Malin Svanberg Larsson said: “We are delighted to have assisted the shareholders of Veriflo on this transaction. They have worked hard to make Veriflo a leader in its field, and we look forward to watching Veriflo continue to develop and thrive in the coming years.”

Kirsty and Neil Scott, Directors at Veriflo, added: “We really enjoyed working with Freeths throughout this transaction, and the strength of the round the clock support was welcomed by our team. Freeths were enormously helpful as we progressed through this process, and we are very grateful to the Freeths deal team for helping us achieve this significant milestone for Veriflo and for the shareholders personally.”

The shareholders received corporate finance advice from Initium. Celnor Group was advised by Addleshaw Goddard.