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Corporate team advise shareholders on the sale of shares

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YORKSHIRE firm Telsol, which manufactures and markets a range of large animal boluses that deliver benefits to livestock, has been acquired by Bimeda.

Ian Simington, CEO, Bimeda Europe, said, “Telsol’s boluses with their proven differentiated benefits are a good fit for the Bimeda ruminant product range and enhance our offer to customers. We look forward to working with the team at Telsol to further develop the business.”

Telsol was originally a spin-out from the department of Animal Physiology and Nutrition at Leeds University in 1996.

The negotiations for both the original spin-put and the sale to Bimeda were led by non-executive director, Colin Glass, senior partner of Winburn Glass Norfolk chartered accountants.


The individual shareholders, excluding the University of Leeds, were advised on the sale of their shares by Rachel Neems of Leeds law firm Clarion.
 

Source: The Business Desk, 14 October 2013