Reading: Blandy & Blandy advises on Taiwanese acquisition of Box Technologies

Blandy & Blandy LLP, led by corporate partners David Few and Jonathan Williamson, has advised on the disposal of Box Technologies to Taiwan-based listed group Flytech Technology.

Founded in 1992, Box Technologies is a leading systems technology solution provider with operations in the UK, Ireland, Sweden and Norway. Box Technologies has secured its market-leading position through the provision of customer-engagement technology solutions including its four technology platforms: self-service kiosk, mobile/tablet, fixed EPOS and digital signage.

Its clients include Barclays, Dell, House of Fraser, Kath Kidston, Harrods, Poundland, Xerox, Watches of Switzerland, Vision Express and Clas Ohlson. The company’s revenue in the year ending June 2015 was £26.42 million.

Box Technologies’ key management team will remain in place and will work closely with Flytech to exploit synergies globally by leveraging Flytech’s extensive know-how in product development and design, and manufacturing competence.

Working with chairman Russell Willcox and managing director Stuart Walker, Blandy & Blandy has advised Box Technologies for 12 years.

Willcox said: “Box Technologies has had a long association with Blandy & Blandy going back to 2004, when they advised on a successful management buyout. Box’s directors were so impressed that the firm has handled all legal work since. The senior partners get involved at all levels, as necessary, with David Few and Nick Burrows ever present, throughout the relationship. 

“On this occasion the firm’s range of capability was vital, as the sale required expertise in M&A, property, commercial contracts, IP and employment. Jonathan Williamson the deal manager and M&A expert was unflappable and managed the whole process from start to finish, with David Few always in attendance and Christopher Wilson ably assisting throughout."

Few commented: “This acquisition is further demonstration of the strength and international reputation of the Thames Valley and also a growth in recent years of Taiwanese and Chinese companies identifying major opportunities in the region.”