Azets advises on multi-million pound sale of Amberol

Azets has revealed it advised on the multi-million-pound sale of self-watering planter and litter bin manufacturer, Amberol Limited, to Leafield Environmental Limited.

Amberol is a family business based in Derbyshire founded in 1969 and specialises in the manufacture of self-watering planters and litter bins. 

Leafield Environmental Limited has over 30 years of experience in plastic products, using similar design and manufacturing expertise, has acquired Amberol.

Mark Selby, partner, Tom Eastwood, associate director, and Doug Allan, corporate finance assistant manager, led the team and  advised on the multi-million-pound sale.

Selby said: “Working with the shareholders and management of Amberol has been a highly enjoyable journey from start to finish. In partnership with our Azets colleagues and Nelsons Solicitors, we delivered a fantastic deal for our client.

“Amberol’s products and brand are well-recognised within the street planter and street furniture market. New owners, Leafield, were identified as an ideal buyer for the business due to the overlap in offering and outlook. We look forward to seeing the continued success of Amberol under Leafield’s ownership.”

Exiting managing director of Amberol, Patience Atkinson, added: “As a shareholder of a family business, choosing the right time to exit was a challenge. Thanks to guidance from the Azets’ team, namely Mark Selby, Tom Eastwood and Doug Allan, who delivered full advisory service to us as the vendors, we’re confident in the continued success of Amberol under Leafield Environmental’s wing, at a crucial time in growth for both companies.”