Asset Purchase/Sale
An alternative form of business purchase to the share purchase is an asset purchase. Under an asset purchase the buyer acquires specifically identified assets of a business. These can include premises, equipment and stock. Unlike a share purchase, the ownership of the business will change. Specific transfer of assets may be required under asset purchases such as the ownership of premises from the seller to the owner.
With an asset sale, it is normally the case that the staff who work for the business to be acquired are transferred automatically to work for the buyer. Our employment team work closely with our Company & Commercial team to ensure that your asset purchase or sale runs smoothly.
Other areas of the firm which work closely with the Company & Commercial department in an asset purchase or sale include Commercial Property and Intellectual Property.
If we can assist you with any aspect of your asset purchase or sale, please contact:
Frank Collins
Tel: 01225 750007
Email: frankcollins@mogers.co.uk

