A management buy-out of SRM Industries Ltd, Derby, Derbyshire, England was led by a special acquisition vehicle DGC Manufacturing Ltd, England, which manufacture rubber mouldings and parts for variety of industries.
SRM is a leading manufacturer of precision rubber mouldings based in Hatton, Derbyshire. The deal, which saw founders Mike and Yvonne Spare handing over the day to day control of the business to the management team, was advised on by Smith Cooper Corporate Finance.
Smith Cooper Corporate Finance initiated, structured and deal managed the transaction.
Completed:
Jun 14
Smith Cooper Team
John Farnsworth
David Crump
Value£1.7m
