M&H PLASTICS
MBO provides platform for growth
Personal and healthcare products blow moulder M&H Plastics (Beccles / UK; www.mhplastics.com) has been sold by JP Morgan Chase to Bank of Scotland Integrated Finance and the existing management team for an undisclosed sum. The deal will provide M&H with a solid financial platform to fund further acquisitions and ensure continued investment in existing operations. Founded in 1972, M&H Plastics was acquired by the private equity arm of JP Morgan Chase in March 2003. It offers over 900 standard products in bottles, caps, jars and fitments. The 44,000 m2 UK site employs 600 staff and there is also a US plant in Winchester, Virginia.
25.09.2007 Plasteurope.com [209099]
Published on 25.09.2007