Westgate Stainless & Alloys Ltd, a leading distributor and processor of stainless steel, aluminium and copper alloys, has relocated to new premises in Aldridge, Walsall, following business expansion. It was advised by Wolverhampton based solicitor, Andrew Wynne of FBC Manby Bowdler.
Established for nine years, Westgate Stainless & Alloys has enjoyed sustained growth with net profits going up each year, even during the economic downturn. It has been joined in recent years by two sister companies: Westgate Coil & Processing which was set up four years ago, and most recently, Westgate Aluminium Extrusion which was established in June this year. The businesses are jointly owned by Andrew Hattersley, Gary Mountford and Darren Gould.
With the lease on its previous premises due to expire in June, and with an eye on further expansion and a desire to purchase their own premises, the directors of the Westgate group of companies started the search for a new home in early 2013.
Having viewed numerous properties, they plumped for a new group headquarters at Westgate House, Middlemore Lane West, Aldridge, approximately four miles from their previous home.
Commenting on why the business sought legal guidance from FBC Manby Bowdler, Darren Gould, Director at Westgate Stainless & Alloys, commented: “Having experienced a period of growth and realising the need to move to larger premises to allow for further expansion, it could be easy to get carried away and not keep an eye on the details that matter. .
“Andrew Wynne and his team have shown the utmost support and guidance to us during this time, making the purchase of our new premises a straightforward process and allowing us to focus on running the business. Additionally, we are very grateful for the invaluable financial advice given by Tonia Hurst of Newell Palmer and Associates Limited in structuring the transaction for us. Her input was essential in achieving a successful outcome.”
Andrew Wynne concludes: “The team at Westgate Stainless & Alloys has demonstrated that it’s got what it takes to build a successful business during the toughest of times and it has been a pleasure to advise them as they move on to the next stage of their growth.
“When taking on premises it is important that buyers are carefully advised about all aspects of the property, with the aim being to ensure the transaction is achieved smoothly and within the required timescales. In transactions of this nature the client’s business needs are paramount and the deal needs to be done with that that in mind. I am pleased to have been of assistance in completing this important deal for Westgate.”