Wilkes, an award-winning law firm, is pleased to announce its role as legal advisor to the shareholders of UK Electrical Wholesale Limited in their successful sale, securing a strategic exit for one of the main shareholders and a continued role for the other. UK Electrical Wholesale, a leading name in the electrical distribution sector, has built a strong reputation for delivering high-quality products and expertise across the industry.

This transaction marks an important milestone for the shareholders, who were supported by Wilkes in navigating the complexities of the deal, from negotiations through to completion. The Corporate team’s dedicated approach ensured a smooth process for all involved, bringing the transaction to a successful close just in time for the October Budget.

Rick Smyth, Partner at Wilkes, commented:

“We are delighted to have advised the shareholders of UK Electrical Wholesale Limited on this transaction. Completing the sale before the October Budget was a priority for our clients, and our team worked closely with Dains Corporate Finance to achieve this outcome. The continuity plan for one shareholder and the exit for the other represents a well-aligned solution for both parties, allowing them to meet their long-term goals. It was a pleasure to support our clients on this journey and ensure a successful transition.”

Chris Pope, UK Electrical Wholesale Limited, Managing Director, added:

"Wilkes provided outstanding support throughout the sale process, guiding us expertly through each phase and addressing every detail with precision. Their dedication to achieving a seamless transition, particularly under a tight timeline, made a complex transaction remarkably straightforward. We are grateful for their expertise and commitment to ensuring the best outcome for everyone involved."

The Wilkes Corporate team, led by Partner Rick Smyth and supported by Christie Nelson, advised the shareholders in the sale.  Rob Wilson and Sophie Rogers at Dains Corporate Finance played an instrumental role in coordinating the transaction. Stephenson Harwood acted as legal advisors to the buyer.