Reflex completes triple acquisition

UK-based Reflex Group has completed its 20th, 21st and 22nd acquisitions, with Sherwood Packaging, MP Logistics and Barcode Tech joining the company.

Pictured (from left): Heaphy, Kendall, Rooksby and Mike Turner, financial director at Reflex

The Nottingham corporate team at Freeths law firm worked on the acquisitions. Reflex was established by a team led by Ian Kendall, and Freeths advised on the initial funding and the first acquisition in 2002. Corporate partner John Heaphy, assisted by solicitors Victoria Rooksby and Mallory Green, acted for Reflex Group on the recent acquisitions. All three acquisitions completed within one week making a total of five within nine months for Reflex and Freeths.

Kendall said: ‘It’s perhaps surprising these days for a fast-growing business to stay with its original legal advisers. But John and his people at Freeths were the right choice for us when we were a £3 million label printer on one site. It has just proved once again that Freeths is still the right choice 16 years later…flexible and adaptable through the ups and downs, on everyday matters as well as the high profile acquisitions and funding. The prospects for Reflex are as exciting today as at any time since we started and I expect Freeths to be working alongside us when we’re a £200 million business.’

Heaphy added: ‘It’s great to be involved in the success of Reflex Group and its growth over the past 16 years. We have a very strong working relationship which is crucial when you’re completing three deals within the same week. I’m proud of the part that Freeths has played in helping Ian and his team to achieve this.’