Edinburgh—Dentons has advised the shareholders of Hugh King & Co Holdings Ltd., Scotland's largest independent producer of dried mortar and render products and one of the UK's leading suppliers of sports sand, on the sale of the company to leading Scottish quarry firm Tillicoultry Quarries Ltd.

The deal will see Tillicoultry Quarries purchase 100 per cent of the share capital of Hugh King & Co Holdings Ltd, acquiring three sand quarries in Ayrshire, all existing plant and machinery, and the company vehicle fleet. Tillicoultry Quarries will also retain all 40 employees.

Graeme King, a selling shareholder of Hugh King & Co Holdings, said, "Hugh King & Co and Tillicoultry Quarries are both family-owned business founded in 1853 and 1931, respectively. This deal was a good match for us, as both businesses have long histories of family ownership. We share the same values and a commitment to excellent customer service, investment in employees, and a dedication to product quality. This is something Dentons understood from the start. With their commercial approach and local knowledge we knew we were in good hands."

Dentons Corporate partner Brian Moore, who led on the deal, said, "It was a pleasure to support Graeme and Gillian King on the successful sale of their family business to Tillicoultry Quarries. This deal is a great example of the work we do here in Scotland with local, family-owned companies and we are confident Hugh King & Co will continue to thrive as part of the Tillicoultry Quarries group."

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