BSN Associates, a member of The Corporate Finance Network and based in the West Midlands, has the management team of Alloywire International Limited on their purchase from the incumbent owners.
One of the UK’s leading manufacturers of round, flat and profile wire has completed a management buy-out, as it looks to target higher annual sales as part of the next growth plan for the business
Alloy Wire International’s senior management team has purchased the business from the current owners, cementing the firm’s long-term future.
Pippa Miller-Hawkes, Director of Corporate Finance at BSN commented “It has been an absolute pleasure to work with the management team to facilitate an MBO that worked for both exiting shareholders and new incoming employees. This secures the longer term independence of the business and the ability of the team to invest in the business further to take it to the next level.”
