Basildon based Enterprise Adhesives & Chemicals Limited manufacturer sold to Pafra Adhesives Limited
Based in Basildon, Enterprise Adhesives has manufactured a wide range of adhesives and glues for its UK customers and distributors for over 35 years.
Pafra Adhesives Limited, owned by Gluecom UK Limited and headquartered in Belgium, has produced various industrial adhesives since 1959. The acquisition will strengthen Pafra’s and Gluecom’s presence and manufacturing business in the UK market.
Tees Law assisted the shareholders, Ian Harvey and Andrew Harvey, with the Enterprise Adhesives sale, advising on the corporate, real estate and various legal aspects. Lucy Folley, partner and head of Tees Law Corporate and Commercial department, said: “We were delighted to support the shareholders with the sale of Enterprise Adhesives and are pleased to see the growing business opportunity that presents, with Pafra’s reputation in the adhesives industry.”
Commenting on the deal, Ian said: “Enterprise Adhesives is a successful regional business, and I’m pleased that by joining Pafra, one of the market leaders of the UK adhesives, owned by Gluecom group, the company will continue developing its business and extending variety of adhesives products.”
The advisory team of Tees Law included Partner Lucy Folley and solicitors Nana Maisuradze and Nana Poku, trainee solicitor Alex Haines. Partner Daniel Fairs advised on real estate matters.
Ryan Symonds from FRP Advisory advised the Enterprise Adhesives shareholders on financial advisory matters.
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Partner, Company and Commercial, Brentwood office
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Legal 500 UK 2025
South East - Essex
Lucy Folley and Baljeet Kaur are both very good and will also work very effectively together, covering for each other when needed. I very much appreciate their commercial attitude to issues that have arisen in transactions.
Legal 500 UK 2025
South East - Essex
Lucy Folley was a critical part of getting the deal done. Lucy's understanding of our business was essential in getting the deal across the line. Without her efforts, I believe that it would not have gone through. I cannot recommend her enough!
Legal 500 UK 2024
'The team was attentive to our needs, and knowledgeable in many areas that affected a business partner buyout, where complications required a multi-legal departmental approach. All worked well in delivering a successful result'
Legal 500 UK 2024
'Lucy Folley is outstanding. She is extremely knowledgeable and diligent'
Legal 500 UK 2024
'Corporate law partner Lucy Folley has made a great effort to understand our business and has consequently been well equipped to guide us as clients through what we would perceive as complex transactions. The relationship has been built up and strengthened over several years'
Legal 500 UK 2023
'Lucy Folley has been my main contact. One of Lucy’s biggest strengths is her pragmatism. In a number of deals Lucy has been involved in, the counterparty in our negotiations has commented on how fair her approach is. This has made it much easier for us to close positions'
Excitech - Peter
'Lucy is a standout professional; expert in her field, commercially aware, empathetic to business and individual pressures….and a pleasure to work with. She’s absolutely one of our team'
Mr Jason Herring, Benfleet Forwarding Ltd
Basildon
It has been a pleasure working with Lucy Folley and her team. Lucy’s understanding of the complicated process of selling a business became the overriding factor in reaching a completion. Lucy’s guidance and support to all shareholders throughout the sale process has been greatly appreciated.