Browne Jacobson advises DMC Canotec on Leemic acquisition

Browne Jacobson has advised DMC Canotec on its Horizon Capital backed acquisition of Leemic.

Stockport headquartered Leemic is a nationwide supplier of photocopiers, integrated office technology and equipment to clients spanning the professional services, legal, financial services, insurance, and education across the North West of England and Scotland.

The acquisition, the sixth backed by Horizon since 2018, will strengthen DMC Canotec’s northern footprint, complementing its existing network of offices in Gateshead, York and Manchester.

Established in 1991, Croydon headquartered DMC Canotec provides state of the art smart print, document & information management solutions to over 10,000 corporate clients through its network of 11 UK offices.

Warren Colby, Regional Managing Director at DMC Canotec, said:

“Leemic is an excellent business which we know well having worked together previously with great success. When the opportunity to acquire Leemic arose, we had no hesitation in adding their expertise to the group.”

DMC Canotec CEO, Simon Davey, commented:

“Warren and I want to expand our presence in the north with high quality acquisitions and Leemic absolutely meets these criteria, with the same customer-centric values and excellent OEM relationships”.

The Browne Jacobson team was led by corporate partner Jon Snade and associate Harry Pearson, supported by partner Brian Hession (property) and associates Harry Taylor (employment) and Thomas Gibby (commercial).

Jon Snade added: “This latest bolt on acquisition is a perfect fit within DMC Canotec’s current portfolio, broadening its sector coverage, expanding its UK footprint and growing its market share in what remains a highly fragmented print services sector.”