Heligan Group advised the shareholders of Alwayse Ball Units Limited (“Alwayse”), a manufacturer of ball transfer units, on the sale of the UK headquartered business to the Swedish listed conglomerate, Lifco AB (“Lifco”).
Alwayse is the global leader in innovation and development of frictionless movement products. Founded in 1939, Alwayse manufactures ball transfer units used in a range of applications from medical devices to load bearing air cargo carpets. Alwayse provides the widest range of ball transfer unit products globally and sell into 40 different countries.
Lifco is a Swedish consolidator of SME industrial businesses, managing over 200 companies globally with consolidated revenue of approximately £2 billion. Alwayse Engineering will be consolidated into Lifco's Systems Solutions business unit.
Location: Birmingham, England
Value: £10m – £25m