Stevens & Bolton LLP has advised the Conrad group (Conrad Group) on its recent acquisition of Rapid Electronics Holdings Limited and its operating subsidiary Rapid Electronics Limited (Rapid Electronics), one of the UK’s leading distributors of electronic products.
With 140 employees Rapid Electronics will be the platform for the Conrad Group in the UK market. The Conrad Group considers that Rapid Electronics has a strong focus on customer-orientation, assortment, enlargement and embedding and that the acquisition will enhance the products and services offered by the Conrad Group.
The name Conrad has stood for electronics and technology since the year 1923. The Bavarian family-owned company is a strong and innovative business partner with reliable product quality and service for business customers, final consumers and specialists. The Conrad Group is an international group of companies with its own national companies and distribution partners in 17 countries throughout Europe.
The Stevens & Bolton LLP team was led by Keith Syson (partner, head of corporate), supported by Lucy Handford (corporate), Sarah Tootell (employment) Michael Laver (real estate) and Kate Schmit (tax).
Jörn Werner, CEO, Conrad Group commented: “
We have been very pleased with the highly commercial and responsive service we have received. We would not hesitate to recommend Stevens & Bolton to other international companies seeking legal advice in the UK.”