Posted: 15 / 08 / 2018
Sedulo Corporate Finance have assisted in an MBO for Roydon group PLC, seeing the existing management shareholders take full ownership of the business and the founding shareholders depart to pursue new goals.
Established in the mid-1970’s, the Swinton based group consists of five trading companies which collectively provide a comprehensive waste solution. Specialising in plastics, the group processes all pre and post-industrial PET along with HDPE and PP and recycles into high-quality flake and PET regrind.
Commenting on the transaction, Roydon Group’s management said;
“We’re very excited to have completed this transaction and are looking forward to the next few years as we enter a new stage in the Roydon journey.
“I’d especially like to thank Benn and the team at Sedulo for their help in preparing the business and coordinating the different parties involved in the process”
“We have been working with Roydon over a number of years and we are proud to be part of their impressive growth story so far.
“Being then able to facilitate a transaction that sees the founding shareholders rewarded for their hard work over the years, and the existing management able to benefit further from future performance is a fantastic result.”