The O’Reilly Stewart Commercial Department have acted on behalf of Belfast-based Petroleum Installation Solutions (PIS) in the acquisition of their business by Lancashire-based business LCM Environmental Group for a seven-figure sum.
The business, which has large clients such as Applegreen and Topaz, was set up in 2012 and has gained a stellar reputation in Ireland and the United Kingdom. The acquisition allows for further expansion of PIS as part of the LCM Environmental Group.
The O’Reilly Stewart team, led by our commercial director Seamus McGranaghan, were involved in all parts of the acquisition including corporate, property and employment matters.
Click on the following link to read more:
NI forecourt installation firm bought for seven figure sum – Ireland’s Forecourt & Convenience Retailer (forecourtretailer.com)
News & Insights: Commercial
O’Reilly Stewart act in Petroleum Installation Solutions acquisition
23 August 2023
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| PROFESSIONAL FEES | |
|---|---|
| Our professional Fees | £0.00 |
| Search Fees | £50.00 |
| Onboarding ID Verification (per person) | £18.30 |
| Incidentals (including postage etc) | £35.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
| PROFESSIONAL FEES | |
|---|---|
| Our professional Fees | £0.00 |
| Search Fees | £50.00 |
| Onboarding ID Verification (per person) | £12.00 |
| Incidentals (including postage etc) | £35.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
| PROFESSIONAL FEES | |
|---|---|
| Our professional Fees | £0.00 |
| Search Fees | £50.00 |
| Onboarding ID Verification (per person) | £18.30 |
| Incidentals (including postage etc) | £35.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
| PROFESSIONAL FEES | |
|---|---|
| Our professional Fees | £0.00 |
| Search Fees | £50.00 |
| Onboarding ID Verification (per person) | £12.00 |
| Incidentals (including postage etc) | £35.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
| STAMP DUTY LAND TAX | |
|---|---|
| Stamp duty land tax | £0.00 |
| OUTLAYS | |
|---|---|
| Registration fees (including priority search) 1 3 | £0.00 |
| EJO and Bankruptcy Searches 2 | £62.00 |
| Updated folio search | £7.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
|
1 Registration fees may be cheaper if the property is subject to Compulsory First Registration. This will be confirmed when the title deeds have been checked. 2 EJO and Bankruptcy Searches will cost £62.00 per surname. 3 VAT exempt. |
|
| OUTLAYS | |
|---|---|
| EJO and Bankruptcy Searches 1 | £62.00 |
| Title Searches (including folio/map/statutory charges) | £26.00 |
| Property Certificates | £174.00 |
| Ordinance Survey Map | £38.40 |
| Registration of vacated mortgage 2 | £20.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
|
1 EJO and Bankruptcy Searches will cost £62.00 per surname. 2 VAT exempt. |
|
| OUTLAYS | |
|---|---|
| EJO and Bankruptcy Searches 1 | £62.00 |
| Title Searches (including folio/map/statutory charges) | £26.00 |
| Property Certificates | £174.00 |
| Ordinance Survey Map | £38.40 |
| Registration of vacated mortgage 3 | £20.00 |
| Registration fees (including priority search) 2 3 | £0.00 |
| Updated folio search | £7.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
|
1 EJO and Bankruptcy Searches will cost £62.00 per surname. 2 Registration fees may be cheaper if the property is subject to Compulsory First Registration. This will be confirmed when the title deeds have been checked. 3 VAT exempt. |
|
| OUTLAYS | |
|---|---|
| Registration fees (including priority search) 2 | £0.00 |
| EJO and Bankruptcy Searches 1 | £62.00 |
| Title Searches (including folios/map/statutory charges) | £33.00 |
| Registration of vacated mortgage 2 | £20.00 |
| Total VAT | £0.00 |
| Subtotal | £0.00 |
|
1 EJO and Bankruptcy Searches will cost £62.00 per surname. 2 VAT exempt. |
|
| TOTAL | £0 |
|---|
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