04 Nov 2025

"The Reefer Group Expands into UK Market with Strategic Acquisition of Paneltex Limited"

"Cripps has successfully advised French company The Reefer Group SAS and its UK subsidiary on the strategic acquisition of Paneltex Limited, a UK-based manufacturer of temperature-controlled vehicle bodies and portable cold stores. This marks The Reefer Group's first industrial venture into the UK market, supporting its international growth ambitions. Cripps provided legal and commercial expertise, leveraging its experience in cross-border transactions. The acquisition was led by Olivier Morel and Alexander Bishop, with support from a multidisciplinary team."

The transaction involved several law firms providing legal and advisory services to the parties. Cripps acted for The Reefer Group SAS and its UK subsidiary, Reefer Group UK Ltd, while Wilkin Chapman Rollits represented the sellers. Other firms involved included Oderis (Financial Due Diligence), BDO UK (Tax Due Diligence), AECOM (Environmental, Health & Safety Due Diligence and Property Surveys), and Parisi Tax (transactional tax advice). The transaction entailed The Reefer Group SAS's strategic acquisition of Paneltex Limited, a UK-based manufacturer specializing in temperature-controlled vehicle bodies and portable cold stores. This marked The Reefer Group's first industrial venture into the UK market, aligning with its international growth ambitions. The legal team at Cripps was led by Olivier Morel (Corporate Partner) and Alexander Bishop (Corporate Partner), supported by Jack Broadley (Corporate), Anna Drapper (Corporate), and Mollie Wilson (Corporate). Additional support was provided by Rachel Holdaway (Real Estate), Claire Durkin (Real Estate), Sharni Bromfield (Real Estate), Emily Byrom (Employment), James Davey (Commercial), and Tariq Sayfoo (Commercial).
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