Addleshaw Goddard team advises Andor Technology on double acquisition
A Manchester-based team from Addleshaw Goddard has advised Andor Technology on its acquisition of two international businesses.
The scientific digital camera manufacturer acquired Apogee in the US and Spectral Applied Research in Canada in 11 days.
The Addleshaw Goddard team was led by corporate partner Roger Hart and included Darren Harris and Tina Wong.
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.