Maynard & Harris Plastics, a plastic packaging supplier, has been bought by its management for undisclosed terms.
Maynard & Harris Plastics, a plastic packaging supplier, has been bought by its management for undisclosed terms.
The company was acquired from its previous owner, private equity firm CCMP Capital Advisors, in a secondary buy-out.
Bank of Scotland Integrated Finance provided a debt and equity package to fund the deal. The management retains a majority stake in the company, while the bank has taken a minority share.
Hawkpoint Partners acted as financial advisors to CCMP Capital and
Grant Thornton Corporate Finance acted as financial advisors to Bank of Scotland Integrated Finance and DLA acted as legal advisors.
Maynard & Plastics supplies the personal care market with its packaging products throughout the
