Hanmere Polythene, en ledande leverantör av polyetenförpackningar, har genomfört en MBO finansierad av Chiltern Capital

Livingstone’s Industrial sector team has advised the shareholders of Hanmere Polythene, on a management buy-out backed by Chiltern Capital.

Located in Hertfordshire, United Kingdom Hanmere Polythene is a leading provider polythene packaging solutions, manufacturing and supplying polythene bags, sacks and liners across a range of B2B markets including food manufacturing.

Hanmere was founded in 1966 and was one of the first polythene manufacturers in the UK. Since then, the company has been a market leader in the industry, pioneering new standards in quality and innovation and continually introducing innovative new products. It offers a comprehensive range of applications and through its in-house polymer blending process, each of Hanmere’s applications can be tailored to meet customer specific requirements in terms of strength, density, size and finishing.

Chiltern Capital are a leading UK private equity fund. As part of Chiltern’s investment, experienced packaging sector executive, David Lennon has joined the business as Chairman.

Glen Morris, Managing Director at Hanmere commented: “From the outset, Livingstone helped us to understand and assess the right partner for Hanmere and provided us with pragmatic and insightful advice throughout the process.”