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Announced

Completed

Business Growth Fund-backed Mzuri Group completed the acquisition of TCMM Shutter Group.

Financials

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

Tags

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Household Furnishings

United Kingdom

Majority

Private Equity

Acquisition

window blinds

shutters

Friendly

Completed

Private

Domestic

Single Bidder

Synopsis

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Business Growth Fund-backed Mzuri Group, a blinds manufacturer, completed the acquisition of TCMM Shutter Group, a manufacturer of windows blinds. Financial terms were not disclosed. “We have had a close relationship with Mzuri for the past few years and are looking forward to working with the team to further expand our portfolio. Mzuri Group’s vision and growth strategy is very inspiring. Looking ahead, TCMM will continue to focus on our own UK and US presence whilst developing our growth in other markets," Murray Clark, TCMM Group Managing Director.

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