Deal type
Sector
Management buyout of Secomak Limited
HMT Corporate Finance negotiated the management buyout of Secomak, from its parent company, Halma plc.
Middlesex based Secomak was established in 1902 and since then, has become a leading name in the provision of innovative drying and shrinking solutions to the beverages and food markets.
HMT acted as financial advisors to the management team, which included negotiating the purchase price, securing debt funding and project managing the various parties through to completion.
Dave Cutts of HMT commented:
“We were delighted to assist the management team with the buyout. This is an established business, with a proven track record, which I am sure management will continue to successfully grow.”