William Blythe Acquired by Board and H2 Equity Partners
We are delighted to announce that the William Blythe board has led a management buyout (MBO) with H2 Equity Partners to purchase the company from Synthomer PLC.
The existing leadership team of Kevin Hudson (Sales & Marketing Director), Mike Butler (Technical Director) and myself will continue to the run the business. The support and investment from H2 Equity Partners will allow for targeted investment in our facilities, capabilities and brand to maximise our future potential and build stronger foundations for our business.
William Blythe has a long heritage in inorganic chemistry. With this transaction we are now able to move forward as an independent business with a clear focus on our employees, products, customers and markets and with greater control over our future. Through our discussions, H2 Equity Partners recognise the strengths of William Blythe and are excited to work with us to grow our business.
Completion of the transaction is subject to certain customary closing conditions and is expected to complete at the end of May. H2 were supported in the transaction by Squire Patton Boggs. Management were supported by Addleshaw Goddard and Park Place.
This is a fantastic opportunity to take the company through the next chapter of the William Blythe story, and we look forward to an exciting future working with H2 Equity Partners
David Crossley, Business Director & Site Lead
For more information on H2 Equity Partners, please click here (www.h2ep.co.uk)