£20m sale of Character World

Dow Schofield Watts has advised on the sale of licensed bedding company, Character World Limited. Ambitious licensed bedding company Character World is on track for further growth following a management buy out led by private equity house RJD Partners which values the firm at some £20million. The deal sees co-founder and chairman Tommy Schweiger selling … Continued

Sale of O’Connors to the Stobart Group PLC

Dow Schofield Watts has advised the shareholders of O’Connor, a rail-connected freight handling business on its sale to Westbury. The acquisition was part of a series of transactions to transform the Company into a multi-modal transport and logistics business giving its customers access to road, rail, deep sea and inland waterway transport systems and deep … Continued

Taygroup MBO

Dow Schofield Watts has advised on the vendors on the sale of Taygroup plc to the management team. Southport-born businessman Nick Taylor has sold his haulage business he founded in Burscough in an £8.75m Management Buyout (MBO) deal funded by The Royal Bank of Scotland (“RBS”). Nick, the Chairman of Taygroup plc, and Paul Craven, … Continued

Management buy-out of Cabana Drinks Limited

Formed in 1967, Cabana is one of the largest independent distributors of dispensed soft drinks in the UK, and supplies pubs, clubs and other retail outlets across the country. Now boasting a comprehensive portfolio of branded and own label beverages, it is a highly regarded, and profitable, business within the industry. Cabana is part of … Continued

Re-financing of ANC Group

Formed in 1982, ANC Group employs over 5,000 people and has the capacity to handle over 200,000 parcels a day. The business operates a fleet of 2,200 vehicles from 81 depots across the UK, including two national hubs in Newcastle-under-Lyme and Northampton. Backed by LDC and led by CEO Mark Gittins, a six-strong management team … Continued

£33m management buy-out of PJH Company Limited

Formed in 1972, the company designs, sources and distributes a range of kitchen units, appliances and bathroom suites to companies such as Barratt Homes, Persimmon and builders’ merchant Travis Perkins. PJH, which employs 700 staff, is also an exclusive supplier of bathrooms to B&Q. The business has five trading divisions – Hopkinsons Fourways, The Kitchen … Continued

£37.2m reverse takeover of Air Music & Media Group PLC

Air Music & Media Group plc, a leading UK producer, manufacturer and wholesale distributor of low priced entertainment products to the international market has agreed to acquire the entire issued share capital of Redworth Limited (“Redworth”). Redworth is a “one-stop-shop” supplier of CDs, cassettes, videos, DVDs and computer software to retailers. The acquisition is for … Continued