Comms Design acquired by Unipart

Comms Design acquired by Unipart The Yorkshire & North East corporate finance team of Dow Schofield Watts has advised Comms Design on its sale to Unipart Rail, the rail division of Unipart Group. The transaction followed an international marketing of the company to strategic trade parties. Comms Design is based in Harrogate, Yorkshire, and is … Continued

Buy-In Management Buyout of Star Brands Completed

The Yorkshire & North East Corporate Finance team at DSW has advised on the buy-in management buyout (BIMBO) of Star Brands, funded by Mobeus. Star Brands, the £30m-turnover laundry and cleaning product manufacturer, is headquartered in Leeds and has a manufacturing plant in Redditch. It currently employs about 125 staff, with 30 of those added … Continued

Proseal UK Limited To Be Acquired By US Corporation In £220m Deal

Food packaging specialist to be acquired by US corporation in £220m deal Proseal UK Limited – the UK firm which is a leading provider of tray sealing technology to the food industry – is to be acquired by Chicago-based JBT Corporation. JBT, which is listed on the New York Stock Exchange, has signed a definitive … Continued

Springboard for Springfield

Springfield Solutions Limited (“Springfield”), a Hull based niche digital label printing and brand management business, has been provided with a significant funding package by HSBC Corporate Banking in Hull. Springfield was originally set up and established by Albert Dass over 40 years ago with HSBC as its banker. This long-standing relationship has enabled HSBC to … Continued

Refinancing at Ashfield Extrusion

The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised Arklow Engineering Limited on a full refinancing of Ashfield Extrusion Limited, its wholly owned subsidiary. Ashfield Extrusion is a leading aluminium forward and reverse impact extrusion specialist supplying specialist components to the countermeasures, medical and pyrotechnics markets. It also manufactures aluminium … Continued

YFM backs buy-out at cooling and heating equipment maker

YFM Equity Partners has backed the management buyout of TEV Limited, one of the UK’s leading designers and manufacturers of cooling, heating and refrigeration equipment. Dow Schofield Watts Transaction Services advised YFM on the deal. TEV, which employs 56 staff at its headquarters in Brighouse, West Yorkshire, operates through two widely recognised brands. Marstair supplies … Continued

Buy-in opens door to growth for one of Yorkshire’s leading fabricators

One of the region’s long-established privately owned PVC fabrication businesses has changed hands in a management buy-in with the transaction providing an exit for the original founder shareholders. The £22m turnover SASH-Fitrite group, based in Barnsley and operating under the brands Sash UK (“Sash”) and Fitrite Fencing & Decking (“Fitrite”), has been acquired by John … Continued

Dorma UK acquires ADRS Solutions Limited

Dow Schofield Watts provided Financial Due Diligence and Corporate Finance services to DORMA UK Ltd on their latest UK acquisition – ADRS Solutions Limited. ADRS Solutions Limited have been acquired in line with DORMA’s stated aim to become the trusted global partner for premium access solutions and services. ADRS has established itself as a strong partner to … Continued

Dow Schofield Watts advise NWF Group on their latest acquisition.

Dow Schofield Watts provided lead advisory and due diligence services to NWF Group which has bought  leading animal feed manufacturer, SC Feeds Limited. NWF, the specialist agricultural and distribution business, is to pay up to £6.75m to acquire the Stone-based company. The deal comprises an initial consideration of £6m in cash, to be satisfied from NWF’s existing … Continued

DSW act for German group DORMA on recent acquisition of Ascot Doors

ASCOT Doors, the £15m turnover manufacturer and installer of doors and shutters to the retail, industrial and commercial sectors, has been sold to German group DORMA. The Bolton company, which has 225 staff based acrosss 11 national depots, was owned by its founders, managing director Andy Ashworth and contracts director Derek Bridge. Financial terms of … Continued

Dow Schofield Watts advises Cammell Laird management team

Cammell Laird boss John Syvret remains committed to running the Birkenhead engineering firm and shipyard, despite selling a stake in the business. He was speaking as Cammell Laird’s latest accounts reveal improved sales and profits. Mr Syvret received a share of a £30.5m payment from Port of Liverpool owner Peel Ports when it increased its stake … Continued

Multisol Group sold to Brenntag for £112m

Cheshire chemicals distribution firm Multisol has been acquired by German industrial group Brenntag in a deal worth more than £112m. Nantwich-based Multisol, which had been looking to list on AIM last year, was advised by Warrington-based corporate finance house Dow Schofield Watts in the sale. Multisol distributes of lubricant additives and base oils throughout Europe … Continued

Start-up of Pretek

Pretek Precision Homes has used investment to develop a house-building factory in Blackburn. The facility will allow Pretek to build 3,000-plus new zero energy rated, fully sustainable and eco-responsible homes per year. Pretek is aiming to create up to 400 new jobs at the 192,000 sq ft former steel storage building at Walker Park. Chief … Continued

Buy-out of Flame Upholstery

Dow Schofield Watts has advised on the management buy-out of Flame Upholstery Ltd, a leading manufacturer of sofas and sofa beds, from its parent company Tetrad plc. Flame, which sells its products through independent stores and also manufactures own-label furniture for retailers including John Lewis and Furniture Village, is based in Preston, Lancashire. The MBO … Continued