Callaghans advise on share sale of Davin Optronics Limited

Callaghans corporate team has advised on the share sale of Davin Optronics Limited, an optical electronics company to Optronic Investments Limited for an undisclosed sum.

Davin Optronics Limited is a leading optronics solutions provider that specialises in the design and manufacture of precision optical systems and components.

The Callaghans team was led by partner and head of corporate Murray Wells.  Murray was assisted by corporate associate Rebecca Burford.

Murray Wells commented: "It was a pleasure to have acted for the shareholder of Davin Optronics on the sale of the company to Optronic Investments Limited, who were are confident will continue to take the company from strength to strength."

Bill Adaway (the former managing director and vendor shareholder) added:

"We would like to take this opportunity to thank Callaghans for all the hard work they have done.  We always felt that our best interests were in good hands".

PKF's Guildford corporate finance team and the Guildford office of Charles Russell advised Optronic Investments Limited.  PKF's team was led by Andrew Lock who was assisted by Craig Hewitt-Dutton.  Charles Russell's team was led by partner Geoffrey Sparks who was assisted by Lindsay Haig.  The deal was supported by GE Commercial Finance.

 

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