Announced
Completed
Financials
Sources
Tags
Single Bidder
Acquisition
Minority
Friendly
United Kingdom
Private Equity
Completed
vehicle accessories
Private
Auto Parts
Domestic
Synopsis
Lloyds Development Capital, a mid-market private equity firm, completed the $50m investment in Rhino Products, a Europe’s manufacturer of light commercial vehicle accessories. “We are really pleased with the growth of the business over the last 17 years and proud of the brand and products we have developed. Opening our new facility in Ellesmere Port earlier this year was a key milestone for the business and it demonstrates our ambition to continue to grow internationally,” Steve Egerton, Rhino Products CEO.
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