2011年5月10日星期二

Abacon snapped up by Bibielle

Bibielle (UK), based in Leicester, has bought coated abrasives business Abacon. Italy-headquartered Bibielle also specialises in abrasives.

The corporate team of law firm Taylor&Emmet advised Sheffield-based Abacon on the disposal.

Established in 1986, Abacon supplies both the metal working and woodworking industries with its finishing products.

Bibielle, a research and development-driven business, was established in 1965.

The legal work by Taylor&Emmet was led by Peter Crawford and Lisa Wallis, with support from Taylor&Emmet's commercial property and employment teams.

Crawford said: "Abacon is an important player within its industry sector. Their knowledge, experience and customer base ensued that they were an ideal acquisition target and I am certain that the business will go from strength to strength as part of the Bibielle group."

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