The corporate team in the Birmingham office of Cobbetts has achieved a 36 per cent rise in turnover in the past 12 months after it acted on a number of high-profile transactions.
The team, which is led by head of the office, Graham Muth, acted on the management buyouts of Tyrrells Potato Chips and Walsall-based electrical products and household goods supplier, Homebuy. It also acted for the sellers and management of Torquil Clark Holdings on the acquisition of an 86 per cent shareholding by Skipton Building Society.
Mr Muth said: “The corporate team has also expanded its expertise in the retail sector, adding to existing clients including Matalan and Magnet by advising the UK’s second largest confectionery, tobacco and news retailer, Rippleglen Limited, on its acquisition of Northcliffe Retail Limited.
“In addition, our public markets team was heavily involved in the development of Investbx, Birmingham’s online share trading platform, with the team also advising the first company to be admitted to the exchange, Teamworks Karting.”
The public markets team, which is led in Birmingham by partner Charles Bond, has also been named as the UK’s fastest growing AIM legal adviser by number of clients. The ranking, which is based on information published by Hemscott, shows that Cobbetts secured six new AIM clients in the first quarter of 2008 – more than any other UK law firm.
Cobbetts’ tally now stands at 30 AIM-listed clients, including construction firm, Panceltica, the first Qatar-based company to be admitted to AIM, and oil and gas exploration company, Enegi Oil.
“The ranking confirms our position as the No 1 legal adviser to mining and mineral companies on AIM.”
