Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
We advised the shareholders of Hanworth on the disposal of their business to Disperse Plc.
Hanworth, established in Linton in 1976, manufactures colour cosmetics, toiletries and skin care products. It specialises in small runs, special preparations and services such as colour matching to its customers’ other products. It works to its customers’ and its own proprietary formulations. Its customers include designer labels and high street chains.
It was acquired by Disperse Group Plc, a Warrington based importer and distributor of branded cosmetics and the developer of emulsion technologies for use in cosmetics, pharmaceuticals and other industries.
This was a strategic deal brokered with an acquisitive public-listed company and Hanworth Laboratories Limited.
Sale of 100% of the share capital to a corporate buyer.