Last month, the Restructuring & Insolvency Team at Higgs LLP, acted for Deltron Lifts Limited, assisting the company with its purchase of Axess 2 Limited from administrators, Leonard Curtis.
Background
Deltron, based in Dudley, West Midlands, specialises in lift maintenance and repair services. Under the leadership of Lukas Schlenker and Scott Haywood, Deltron has experienced significant growth and now employs approximately 160 people and maintains around 12,000 units across the UK. Since July 2024, Deltron has completed six acquisitions including the purchase of Axess.
Growth plans
Focussed on the company’s growth plans, Company Director, Lukas Schlenker, explains: “The acquisition of Axess has enabled Deltron to expand its presence across the UK, now with even stronger operations in the Northwest, which aligns with our ambitious growth objectives.”
The purchase of Axess is the second of its kind by Deltron in the last 18 months, having completed its purchase of Dolphin Lifts Midlands Limited, based in Kingswinford, from Administrators back in August 2023.
On working with Higgs LLP Lukas says: “There is a reason why Higgs is our go to legal choice. Lauren and her team are always on point and fast in turning things around, which is crucial when completing distressed business transactions.”
Lauren Hartigan-Pritchard, Head of Restructuring & Insolvency at Higgs LLP said: “It’s always a pleasure working with Lukas and the team at Deltron, they are a forward-thinking bunch with ambitious plans for growth, constantly looking for opportunities to expand the business. I wish them every success with this latest venture.”