Holden Smith supports sale of world-renowned trombone manufacturer
Holden Smith’s corporate team was recently appointed by world-renowned trombone manufacturer, Michael Rath Trombones, to support with their acquisition by global musical instrument retailer, John Packer Musical Instruments.
The transaction was led by director and head of corporate, Rob Kelly, and supported by solicitor Brittany Clark and trainee solicitor, Amy Liddell – and saw our team support owners Michael and Nicola Rath through the acquisition of their company by John Packer Musical Instruments.
Rob Kelly, centre, with Brittany Clark, left, and Amy Lidell, right
As a leading global player in trombone manufacturing, with its instruments used by musicians across the world, working with Michael Rath Trombones was a one-of-a-kind transaction for our team.
Rob Kelly, director and head of corporate at Holden Smith, said: “The acquisition of Michael Rath Trombones was a really interesting transaction to work on, not least because of the unique nature of the product!
“Their trombones are found in almost every conceivable musical situation, from symphony orchestras and opera houses to film and television studios around the globe. They are made in Huddersfield, but sold across the world, with the USA being a particularly important market.
“It has been a pleasure for Holden Smith to be able to act on behalf of owners Michael and Nicola Rath through the acquisition by John Packer Musical Instruments, acting for them for every step of the sale of the entire issued share capital of the company.”
Holden Smith has supported the acquisition of Michael Rath Trombones by John Packer Musical Instruments
Michael Rath said: “We are pleased to have completed the acquisition by John Packer and were expertly supported through the process by Rob Kelly and the team at Holden Smith.”
The agreement will see John Packer Musical Instruments look after marketing, distribution, and logistics for the Yorkshire business. Mr Rath and his full team will remain with the business and continue to build and manufacture trombones at their factory in Honley, Huddersfield.
