Oxfordshire Law firm Royds Withy King, has advised the shareholders of Camps Highways and Camps Environmental Services (CES) on the sale of the companies to Thame-based Chevron Traffic Management.
Camps Highways and CES have become part of the Chevron Group, which provides traffic management, digital services and soft estate maintenance services to a range of sectors including high speed, local authorities, rail, utilities and events.
Royds Withy King’s advisory team was led by Corporate Partner James Worrall. The team at Watersheds, led by Daniel Wright, acted as corporate finance advisors to the sellers.
James said: “We are very pleased to help deliver this deal which will allow Camps Highways and CES to expand their services nationwide and build a new and exciting future for their business and their workforce.”
Headquartered in Powys, Camps Highways and CES Ltd employs 38 people and have depots in Hampshire, Cambridgeshire and the West Midlands.
Jim MacPherson, Managing Director, Camps Highways, said: “I am pleased to be joining forces with the Chevron Group. At Camps Highways and CES we have grown our business by building a strong reputation for delivering a high level of service and providing expert consultancy and advisory services to our clients. I am very proud of our business and our team of excellent employees.”
Chevron Group CEO Tim Cockayne added: “We are delighted to welcome Camps Highways and CES to the Chevron Group. We have been providing Soft Estate Maintenance services through our sister company, ACones Ltd and it has always been our intention to expand this part of our business.
“Camps Highways will bring additional experience and a strong reputation in Highway Soft Estate Maintenance which will support our expansion plans. CES consultancy will also enhance the breadth of professional services we can offer.”