A LAW firm has sealed a major deal.
DMH Stallard, in Brighton, has just finished the sale of Durbin PLC and Durbin Inc – a pharmaceutical distribution platform which supplies products to more than 160 countries.
The company has been sold to pharmaceutical wholesalers Uniphar.
The £24 million deal will see the founder of Durbin, Leslie Morgan, take up a non- executive role.
Jonathan Grant, a partner at DMH Stallard, led the team that advised the Durbin deal.
He said: “Uniphar has been a sourcing partner for Durbin since 2011.
“The clear synergies between Durbin and Uniphar made this a compelling deal for both businesses.
“I was delighted to work with Leslie and his family and assist in closing the deal as smoothly as possible.”
DMH Stallard has offices in Brighton, Crawley and Horsham.
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