Addleshaw Goddard's Manchester Corporate team has advised private-equity house, LDC, and the management team of Bifold, on the sale of the company to Rotork plc.


The acquisition will see Rotork, a market leading actuator manufacturer and global flow control company, bolster its presence in the flow control market and broaden its product portfolio.

Bifold's current management team will remain with the business, and it is expected that the acquisition will significantly increase Rotork's revenue opportunities within the oil & gas and wider industrial market.

The AG team was led by Partner Paul Medlicott alongside Oliver Hincks, George Danczak, Jake Minards-Tonge, Justine Delroy and Kyle Rainsford. The firm, who have advised the business for over a decade, have acted on all of its key transactional milestones, including; acting for Barclays Ventures in relation to the original management buyout in 2003, acting for the shareholders and management in relation to the secondary buyout backed by Bank of Scotland Integrated Finance in 2007 and then acting for the shareholders and management in the LDC backed tertiary buyout in 2012.

Paul Medlicott, Partner at AG stated: "Bifold has been a valued client for some time and it was a pleasure to work with the company on this transaction. This strategic acquisition will significantly grow Rotork's presence and enable the business to offer its products to a wider market."