We acted for a substantial UK-based client in the household products manufacturing sector. The client was approached by an international buyer interested in acquiring the business for £20 million.
The transaction was complex, and we played a key role in supporting our client throughout the process. This included assisting with financial and tax due diligence and providing strategic tax advice at every stage.
Ahead of the sale, we advised on a restructuring of the client’s affairs to ensure that the net proceeds from the sale would be exempt from Capital Gains Tax. Additionally, we implemented estate planning strategies to position the sale proceeds outside the client’s estate for Inheritance Tax purposes, safeguarding family wealth for future generations.
