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MBO At Steel Stencil Foils Manufacturer

Steel News - Published on Mon, 17 Jun 2019

Image Source: Insider Media
Insider Media reported that a steel stencil foils manufacturer in Devon has been acquired in a management buyout backed by private equity firm Rockpool. Datum Alloys, based in Kingsbridge, provides precision stainless steel stencil foils to the electronics industry and is a significant supplier of its product in Europe and the US.

The company employs 32 people and has manufacturing facilities in Kingsbridge in the UK as well as Endicott in the USA.

The deal is Rockpool’s fifth investment in the last 12 months and brings the total invested to more than GBP 400 million since Rockpool was established in 2011.

Mr Pete Anniss, managing director of Datum Alloys, said that "We are excited to take Datum to the next stage as a business through driving the sale of our new products whilst continuing to provide the levels of service that our customers know and trust. Rockpool saw the potential in our business from the very beginning and their pragmatic approach throughout the process was key to completing the deal. We are glad to have their support and are looking forward to working with them over the coming years."

Mr Richard Morrison, investment manager, Rockpool, said that "Datum’s product is recognised as the highest quality in its market and the team have worked hard to build a loyal customer base through providing unparalleled levels of service. We’re looking forward to supporting management as they use Datum’s position in the market as a foundation to invest and grow their next generation of products."

Source :

Posted By : Ratan Singh on Mon, 17 Jun 2019
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