Eight Advisory supported Hygeco on its acquisition of Leslie R. Tipping (UK)

Eight Advisory conducted the financial and tax due diligence for the acquisition of Leslie R. Tipping, as well as the refinancing report for the Hygeco Group as part of the transaction.

Hygeco: A European leader in funeral solutions and equipment

For over 100 years, Hygeco has been a key player in the funeral sector. The group offers specialized funeral services, as well as equipment projects and consumable supplies tailored to meet the needs of funeral professionals. Based in Asnières-sur-Seine and backed by the investment fund Abenex, Hygeco provides innovative and comprehensive solutions across European markets, supporting its clients with adapted and reliable offerings.

LRT: A key player in the UK market

Founded in 1947, the Leslie R. Tipping Group (LRT) is a well-known British supplier of funeral products, including coffin interiors and accessories. With nearly 100 employees and three modern production sites, LRT is a strategic partner in addressing the specific needs of the UK market.

A strategic acquisition for Hygeco

This acquisition strengthens Hygeco’s leadership in Europe by expanding its offering and enhancing its presence in the UK market. With a combined revenue of €50 million and more than 400 employees, this strategic transaction aligns with the group’s international growth ambitions and its commitment to providing innovative and tailored solutions for its clients.

Eight Advisory team members supporting this transaction:

• Financial due diligence: Daniel Parsons (Partner), James Prest (Manager)
• Tax due diligence: Caley Mogg (Partner), Tom Sykes (Senior Manager), Edward Highfield (Manager)
• Refinancing report: Fabien Thièblemont (Partner), Paul Marlin (Manager)