SamCorp is delighted to announce the completion of the Management Buy-Out (MBO) of plastics manufacturer DW Plastics Limited acting for the management team.
Established in the 1980s, Chichester based DW Plastics has more than 35 years’ experience in the manufacture of high quality, bespoke thermoplastic extrusion profiles from a variety of materials which are exported around the world. DW Plastics manufactures products for a variety of sectors including marine, construction and retail.
SamCorp advised the management team of four experienced senior employees, with Sue Burley leading the MBO and being appointed as managing director.
The transaction was funded by Panoramic Growth Equity who will join the PW Plastics board.
Stephen Campbell, Partner at Panoramic Growth Equity, commented:
“We are delighted to support Sue and the management team in the acquisition of DW Plastics. We were attracted to DW Plastics by the well-established management team who have supported the growth of the business in recent years, coupled with the variety of high quality products manufactured and its strong client base.“