Home Insights MBO of Merit Plastics Mouldings

MBO of Merit Plastics Mouldings

By David Scrivener
13th Jan 2020

Merit Plastics Mouldings has changed ownership following an MBO led by the management team of Andy Keeble and Rebecca Lyttle.

Merit operate from a site in Diss and are experts in the design and manufacture of plastic injection mouldings with particular focus on low volume, high precision and technical customer requirements.

David Scrivener of Ensors Corporate Finance team advised on various financial, tax and commercial aspects of the deal. David commented “It was great to work with Rebecca and Andy on this deal. They have been running the company for several years and the MBO now gives them the ability to take control of their own destiny. I’m very confident that they will take the opportunity to drive the company forwards.”

Andy Keeble said “It has been a pleasure to work with Ensors during the MBO process and do not believe the deal could have progressed without David’s expertise in this area. We have been supported throughout with advice and guidance being given almost daily to enable the acquisition to take place as smoothly and painlessly as possible. Rebecca and I are now proud owners of Merit Plastic Mouldings.” 

“Moving forward, as a direct result of the professionalism, considered advice, and attention to detail we are pleased to continue our working relationship with Ensors and have engaged them as the Accountants to Merit Plastic Mouldings. Rebecca and I feel a sense of security and trust that they will be supporting the financial management of the business to achieve short and long term success.”