Record Electrical Associates Ltd (REA) has been acquired by a pressure and temperature instrument specialist, having been advised by KBS Corporate deal executive Oliver Rigby during the process.
REA operates from dedicated facilities in Stretford, Manchester, and offers high-quality analogue instruments to international businesses.
The company was initially founded over 100 years ago and has successfully cemented itself at the forefront of a niche sector.
REA has been sold as part of Alan Johnson and Christopher McGrail’s retirement plans, both of whom maintained active roles as directors in the business.
“This was an exciting opportunity to represent a long-standing company,” advised Oliver. “I worked alongside Alan and Christopher to identify a quality buyer that would preserve REA’s legacy.”
The successful acquirer is Trent Instruments, a Nottingham-based pressure and temperature solutions provider. Trent is a leading supplier of locomotive horns and the exclusive agent in the UK and Europe for Nathan AirChime.
“Trent is an excellent buyer for REA,” said Oliver. “The two companies benefitted from a prior relationship which helped secure a great deal.”
