Prism Support Investment Group Through 10th Acquisition
We are pleased to announce that the Prism team have supported rapidly growing investment company, Milbank Group, on its acquisition of Scottish full-service liquid products manufacturer, Superfine Manufacturing Ltd. This is the 10th acquisition we have facilitated for the Group.
Milbank Group is a family-owned investment company with a diverse and rapidly growing portfolio of unique businesses. Their acquisitions are long-term investments with a strong focus on great customer service and a supportive and inclusive working environment for staff. They are also striving to improve their businesses’ environmental and community impact and hope to influence others in those sectors to do the same. Milbank Group’s headquarters is in Colchester, Essex.
Superfine Manufacturing Ltd (Superfine) is a family-run business established in 1963 and based in Forfar, Scotland. It provides a full-service in-house solution for the production of liquid products – from their formulation and manufacturing, to packaging, labelling and distribution. Superfine’s large portfolio is suitable for a wide range of industries including commercial, retail and domestic. Their products are available under the Superfine brand or can be personalised and branded to suit the end customers’ requirements. Additionally, the company specialises in tailoring liquid formulas and packaging to meet its customers’ specific needs.
Whilst Superfine will continue to operate completely independently, it already has a connection within Milbank Group. Superfine is the sole manufacturer and UK distributor of biostimulant products for existing Milbank Group company, Orion Future Technology. This acquisition further strengthens the relationship between both businesses and will allow for improved R&D and efficiency.
Prism Corporate Broking (Prism) have been helping people to buy and sell businesses for over 20 years. We can advise clients throughout the entire sale or acquisition process, from pre-sale preparation and identification of targets to successful deal completion and beyond. Prism worked closely with Milbank Group supporting their acquisition team during negotiations and due diligence for this transaction.
Sean Milbank, Chairman of Milbank Group, says “In addition to their excellent products, Superfine’s reputation for customer support and flexibility aligns with our group vision of investing in and developing industry-leading businesses. Prism have now supported us through ten acquisitions. They are a vital part of our team as we continue to grow the group.”
Peter Watson, Managing Director of Prism, says “We’ve been working with Sean for many years and much appreciate the approach to business and the attitude of all the team at Milbank Group. Superfine is a great fit and I have no doubt that it will thrive as part of the Milbank Group.”
In addition to Prism, the acquisition was also supported by Birketts Solicitors and Scrutton Bland Accountants for Milbank Group.
Find out more about our business acquisition service here: www.prismcorporatebroking.com/buy-a-business
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