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Browne Jacobson’s Manchester corporate team advises Pathel UK Ltd on its acquisition of Proflex Hose Limited

Browne Jacobson’s Manchester based corporate team has advised Pathel UK Ltd on its acquisition of Proflex Hose Ltd (Proflex Hose) for an undisclosed consideration.

11 June 2021

Browne Jacobson’s Manchester based corporate team has advised Pathel UK Ltd on its acquisition of Proflex Hose Ltd (Proflex Hose) for an undisclosed consideration.

Lancashire based Pathel UK Ltd is the UK subsidiary of French based, Pathel Industrie which launched in 2019. The Pathel group specialises in the provision of high-quality couplings and fittings equipment, stainless steel hoses and technical hoses.

Proflex Hose, which is based in Chorley, Lancashire and was set up in 2005, is a leading design manufacturer and supplier of metallic & PTFE assemblies to the oil, gas and petrochemical industries across the UK.

The partnering will support the growth of the Pathel and Proflex Hose brands, products and service lines.

The Browne Jacobson team was led by senior associate, Ryan Brown (corporate), with assistance from associates Bethany Pickup (corporate) and Michael Parkinson (real estate).

Mark Rimmer, Director at Pathel Industrie commented: “We are delighted to welcome Proflex to the Pathel UK Ltd team and the wider Pathel Industrie group.

“Proflex has grown significantly since its launch in 2005 into a leading provider of high quality and bespoke hose and couplings. Their well-established product line and brand will complement the Pathel business really well and will allow Pathel to further diversify our client base across the UK and overseas.

“I’d like to thank the Browne Jacobson team for the pragmatic and strong advice they delivered. The team has an excellent grasp of the sectors they are working with and worked really hard to meet the timescales set out, ensuring the transaction was executed as smoothly as possible.”

Ryan Brown added: “It’s been a real pleasure to have been involved in the further growth of the Pathel brand and business.

“Both Pathel and Proflex have strong businesses and there is a great synergy between the excellent service and product lines they offer which I’m sure will make for a very successful partnering. We look forward to seeing the enlarged group go from strength to strength.”

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Henrietta Scott

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henrietta.scott@brownejacobson.com

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