Addleshaw Goddard's Business Support and Restructuring team advised EY, the appointed administrators of Manchester based plant hire company Hewdens, on the sale of three business divisions to Ashtead Plant Hire Company Limited.
The sale saw the transfer of Hewdens' Access and Power Generation assets, OnSite Plant Hire and Interlift. The remaining assets are undergoing assessment to maximise value. AG continues to advise EY in connection with various matters related to the administration.
The AG core team was led by Partner Ged Barnes, with support from Sarah Foster, Karen D'Souza and Tim Taylor.