Macdonald Henderson Solicitors

You are in: HomeNews › Macdonald Henderson Advises on the Sale of Finlay Scotland to Molson Group - 20th March 2019

Macdonald Henderson Advises on the Sale of Finlay Scotland to Molson Group - 20th March 2019 - Click for larger version Macdonald Henderson Advises on the Sale of Finlay Scotland to Molson Group - 20th March 2019

Macdonald Henderson is pleased to have advised the shareholders of Finlay Scotland Ltd in the sale of the company (a long established equipment dealer of Terex Finlay products in Scotland and the Scottish Islands) to Molson Group.

Having already taken over Finlay Plant (UK) Ltd in June 2018, Molson Group now has the distribution rights for Terex Finlay mobile crushing, screening and conveying equipment across Great Britain. The current Finlay Scotland sales, hire and service organisations will remain unchanged.

Finlay Scotland managing director Tom McNeill, who previously co-owned the business with Morris Wightman, said:

“Finlay Scotland Ltd is one of the longest serving dealers for Terex Finlay and can trace its roots back to the days when the business was originally owned by John Finlay.
Finlay Scotland Ltd has grown and flourished over the years thanks in no small part to the commitment and dedication of our team members who consistently provide an excellent service to our customers. We are very excited for the future direction and growth expectations for this operation and we look forward to ensuring a seamless transition of business for our staff and customers.”

Molson joint managing director Robin Powell said:

“We are delighted to have acquired Finlay Scotland Ltd and look forward to welcoming their experienced and committed team into the Molson Group, alongside our Molson Finlay business. The success of Finlay Scotland Ltd has been built upon a customer-centric philosophy to provide innovative products, services and solutions to their local market. Their commitment and dedication to exceptional customer service directly correlates with our own culture and we are delighted that they have joined our team. Additionally, this acquisition further strengthens our position throughout Scotland. Alongside the long-established Molson Young Plant Sales business, the addition of Finlay Scotland ensures that our comprehensive 360-degree product offer to customers is available to customers across England, Wales and now Scotland too.”

About Macdonald Henderson, Mr Morris Wightman (co-owner of Finlay Scotland) commented:

“When we came to instruct lawyers to work on the disposal of our company, we took great care about our choice. This was a milestone event, a once in a lifetime transaction for us and it was essential that our advisors could handle the sizeable transaction, negotiate terms on an equal footing with the buyer’s "big firm" advisors and communicate their advice to us in a clear and concise manner so that we understood the technical aspects of the transaction. It’s fair to say that Macdonald Henderson entirely justified their selection. Our transaction required their team to work long and hard over many disciplines, with a confident approach to negotiation and a keen commercial understanding of the relationship of the parties both pre and post completion. Macdonald Henderson worked well with our accountants Drummond Laurie to deliver the deal, and we would not hesitate to recommend them to anyone for future transactions”.

We congratulate our clients on the completion of this deal and wish the business all the best for the future.

Pictured from left to right are Sean Warburton (Molson Finlay), Morris Wightman (Finlay Scotland), Tom McNeill (Finlay Scotland), Robin Powell (Molson Group), Nigel Irvine (Terex Finlay) and Jason Powles (Molson Group).

Last updated: 8.34am, Wednesday 20th March 2019

Latest News and Events

At the end of March 2020, the UK Government introduced an online application process which allowed companies affected by COVID-19 facing fast approaching account filing deadlines to apply for an extension.
“Always be Closing” - the old mantra, made famous by Alec Baldwin’s speech in Glengarry Glen Ross has resonated in the corporate world in the twenty years since it was made. But Blake (Baldwin’s character in the film) and his sales team didn’t have to contend with a global pandemic.

Meet the Team at Macdonald Henderson