Mills & Reeve acted for the shareholders of plastic packaging manufacturer Maynard & Harris Group Limited, including funds advised by Caird Capital LLP and management, on the sale of the company to RPC Group PLC for an expected total deal value of £103.5 million.
M&H, which employs over 700 staff at its manufacturing sites in Norfolk and the US, makes packaging products for personal and health care markets. It also manufactures packaging for the food sector in the UK, Europe and USA. M&H will operate as an independent business in RPC and the existing chief executive David Duffield will continue to lead the management team under the new ownership.
The Mills & Reeve team was led by corporate finance partner Nick Fischl
Matter Type
M&A: Seller's Counsel
Industry
Manufacturing
News Category
M&A