Superglass joins Official List

Superglass Holdings, a manufacturer of glass fibre insulation products, has been valued at some £105 million after it joined the Official List of the London Stock Exchange.


Superglass Holdings, a manufacturer of glass fibre insulation products, has been valued at some £105 million after it joined the Official List of the London Stock Exchange.

Superglass Holdings, a manufacturer of glass fibre insulation products, has been valued at some £105 million after it joined the Official List of the London Stock Exchange.

The company issued £72.8 million worth of shares on behalf of selling shareholders NBGI Private Equity and Investec Private Bank Growth & Acquisition Finance.

Prior to the IPO, the company was restructured with funding arranged by Clydesdale Bank’s Specialist & Acquisition Finance team in London led by director Paul Marshall.

“The re-financing of Superglass by the Specialist & Acquisition Finance team assisted in its admission to the stock market,” Marshall said. “In 2005 Clydesdale helped NBGI Private Equity in the £37 million buy-out from 3i and therefore we were delighted to continue our support of Superglass and its management team.”

Marc Barber

Marc Barber

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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