Manro

A leading manufacturer of chemicals for the major producers of household detergents and personal care products and of speciality chemical for general applications.

Montagu led and structured the £32.6 million Management Buyout of Manro Holdings Limited ("Manro") from its parent, Hickson International plc in 1996. The total institutional investment of £13.3 million was co-underwritten with NatWest Ventures who invested £3.3 million. The balance of the funding was provided by Midland Bank by way of a term loan, working capital facilities and capital expenditure facilities.

Manro was a leading manufacturer of chemicals for the major producers of household detergents and personal care products and of speciality chemical for general applications. It operated production plants at Stalybridge in Cheshire and Liege in Belgium.

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Manro
Deal details
Deal type: Management Buyout
Date: 1996
Country: United Kingdom
Status: Realised
Value: £38 million
Industry Sector: Chemicals
Interested in contacting us about this deal?
Simon  Pooler
T: +44 161 233 6662