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New Deal


Announced

Completed

Royal Sanders Group acquired European personal care liquids business, from McBride plc, for £12.5m

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Completed

personal care products

Private

Acquisition

United Kingdom

Cosmetics

Single Bidder

Synopsis

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McBride plc, the leading European manufacturer and supplier of Co-manufactured and Private Label products for the Household and Personal Care market, agreed to sell its European personal care liquids business to Royal Sanders Group for a cash consideration of £12.5m. Rik De Vos, Group Chief Executive, commented: "The agreement to sell our European Personal Care liquids activities follows a comprehensive review of the business and marks the final element in the transformation plan for our European PCA activities. The transaction enables the business to be developed as part of a dedicated personal care manufacturer of greater scale and positions McBride's European operations as a focused Household business with a clear strategy to deliver sustainable profitable growth."

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