Schofield Sweeney has facilitated a major acquisition in the gaming sector, marking a significant industry development.
- The acquisition of Crystal & Son Group by Dransfield Novelty Company Limited demonstrates strategic growth within the gaming industry.
- Schofield Sweeney provided critical legal guidance on corporate and real estate matters during the acquisition process.
- This acquisition aligns with Dransfield’s long-standing strategy to enhance services to pubs and clubs.
- Key figures from multiple legal and financial advisory firms contributed to the successful completion of this deal.
Schofield Sweeney, a prominent law firm based in several UK cities, has played a pivotal role in the acquisition of Crystal & Son Group by Dransfield Novelty Company Limited. Dransfield, known as the largest British-owned supplier of gaming machines and entertainment products to pubs and clubs, sees this move as part of its strategy to expand its offerings. The legal team at Schofield Sweeney, led by Jack Venable, Michael Cantwell, and Simon Hellewell, handled complex corporate and real estate issues, ensuring the transaction proceeded smoothly.
Crystal & Son Group, based in Newcastle Upon Tyne, brings recognised expertise in bingo and fundraising products to Dransfield’s portfolio. Chris Haley, managing director of Dransfield, expressed enthusiasm for the acquisition, stating, “We look forward to integrating Crystal & Son Group into our operations and continuing our mission to deliver high-quality products and services to our customers.”
The acquisition highlights Dransfield’s dedication to maintaining its market position by building on its 75-year history as a sector leader. It follows the company’s previous acquisition of Gameco Holdings Limited in 2019, which owned Reflex Gaming.
Alongside Schofield Sweeney, financial advisors Malcolm Coomber and Katie Brockhurst from Clarkson Hyde, as well as the legal team from Savage Silk, were instrumental in this transaction. Chris Morgan and Pamela Thompson from Savage Silk also provided essential legal services that contributed to the deal’s successful completion.
The collaboration and strategic planning exhibited in this deal exemplify the dynamic changes within the gaming industry.
