NABARRO NATHANSON: Nabarro Nathanson acts in GBP 20m MBO of Sondex.

0 Comments | M2 Presswire, January, 1999

M2 PRESSWIRE-13 January 1999-NABARRO NATHANSON: Nabarro Nathanson acts in GBP 20m MBO of Sondex (C)1994-99 M2 COMMUNICATIONS LTD RDATE:130199 Glyn Taylor, company partner at the Reading office of law firm Nabarro Nathanson, recently acted for Robert Hunt-Grubbe on the MBO of Sondex Limited for a consideration of approximately GBP 20 million.

Sondex produces high-tech measuring tools which are lowered into oil wells to measure the flow of liquids. The company "has a range of products which are of leading edge," according to NatWest Equity Partners, who partly funded the management group of the MBO. Mr Robert Hunt-Grubbe who founded the company in 1983 is stepping down from his position as executive director to a position as non-executive director making...