Ashurst advised LGC (Holdings) Limited, an international life sciences measurement and testing company, on the acquisition of BRC Trading Limited ("BRC Trading") from the British Retail Consortium, the UK's leading retail trade association. BRC Trading owns the BRC Global Standards, a global provider of safety and quality standards programmes for food and non-food manufacturers, including packaging, storage, distribution and retail segments.
The acquisition will complement LGC's existing offering in the life sciences field, including its range of measurement products and services that aim to ensure the health, safety and security of the public.
The Ashurst team was led by private equity partner Nick Rainsford, assisted by senior associate Aaron Shute, and solicitors Francesca Witney and Nick Lever. Partner Paul Stewart advised on the banking aspects, assisted by associate Matthew Pentecost. The digital economy team was led by partner Mark Lubbock, assisted by associates Shreedevi Chatterjee and Caroline Hogan. Senior associates Sean Coyne and Ruth Buchanan, and associate Emma James advised on the employment aspects. Partner Marcus Fink provided pensions advice. Counsel Jonathan Hoare advised on the real estate aspects, assisted by associate Euan Macdonald.