Moorcrofts commercial property team has advised Evolution Europe Ltd on the freehold purchase of its UK head office in Marlow.

Evolution Europe Ltd is the parent company of a global group of companies, with offices in Ireland, Italy, the Netherlands, Norway and the USA. In the UK, Evolution Europe Ltd often operates as Evolution Electronic Security Systems and specialises in the design, installation and maintenance of electronic security and life safety systems for corporate, industrial and government clients. 

Moorcrofts’ commercial property solicitor, Sharan Uppal led the legal negotiations for the buyer.

Sharan said:

“We were delighted to represent Evolution Europe Ltd on the acquisition of its UK headquarters on Globe Park,  in Marlow. The Company was already occupying the premises as a tenant so when the landlord decided to sell the freehold, the Company was keen to acquire it to allow for its continued growth. The timescales were initially tight, as the freeholder had received interest from several other parties.  The transaction also presented several legal challenges however we were able to advise the client on practical and legal solutions and are  pleased to have successfully negotiated and completed the purchase for them.”

Jake Rackham, Group Managing Director of the Company, said:

“Acquiring the freehold of Globe House is a natural next step for us. We relocated here just over twelve months ago to support the continued growth of our business, and purchasing the building outright reflects our long-term commitment to Marlow, to our clients, and to our people. Moorcrofts guided us through what was a competitive and time-sensitive process with clear, practical advice throughout, and we are grateful for their support in getting this over the line.”

The Company was assisted by Simon Harper of Jaggard Macland LLP who negotiated the purchase on their behalf. 

Simon commented:

“We are delighted to have assisted Evolution with the acquisition of Globe House. After initially occupying the property on a leasehold basis, the opportunity arose for them to acquire the freehold and permanently commit to this office. Whilst a long and at times challenging transaction, it has now been successfully completed with the excellent support of Moorcrofts.”

For more information regarding Moorcrofts commercial property services, contact Julia Ferguson on: 01628 470009 or julia.ferguson@moorcrofts.com.