SamCorp advises on Plastics Manufacturer MBO

By June 8, 2017Corporate Finance, MBO

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.

Sue commented,

“The support and advice from SamCorp on this transaction was invaluable. They were always on hand to deal with any issues that arose and were a great help at every stage of the journey. They quickly gained an understanding of our business and worked tirelessly to take the transaction to completion. We thank them for helping us to get through the whole process successfully.

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.