A TAUNTON-based financial planning and specialist insurance company has bought a Devon firm.

The takeover by Lloyd & Whyte of Totnes-based Naturesave Policies Ltd was announced this week.

National law firm Foot Anstey LLP advised the shareholders of Naturesave Policies, a leading green and ethical insurance provider.

Founded 28 years ago, Naturesave Policies has won awards for its top ethical rating insurance by the Good Shopping Guide and the Queen's Award for Enterprise for Sustainable development.

In 1995, Naturesave Policies created the Naturesave Trust, its own registered charity.

Naturesave Insurance has donated more than £1million to the trust. The donations are used to primarily to fund grants for environmental projects.

Matthew Criddle, the founder of Naturesave Policies Ltd, said: "Foot Anstey managed the legal side of the sale of our business. They provided a task related price to do so even though they incurred slightly more hours on the work involved. They were helpful, clear and supportive to personal circumstances. I would have no hesitation in recommending them to anyone looking to sell their busines. Nice bunch of people to deal with."

The Foot Anstey team was led by associate James Crotty. He said: "It was a pleasure to advise the shareholders on their sale to Lloyd & Whyte Ltd. We were able to achieve a successful result that worked for all parties involved. It was fascinating to work closely with a company with such fantastic green credentials in line with the founder's vision."