MacLellan Rubber is sold in MBO deal

By David Eldridge, ERJ staff (PRW)

Wolverhampton. UK -- There has been a management buy-out at MacLellan Rubber, which has been a division of the Beldam Burgmann group since 2005. Terms of the deal have not been disclosed.

MacLellan said: “The opportunity to separate this division has been under discussion for some time and we are pleased that we can now offer our customers continuity of service and supply, with a strong operational and management team.”

The company manufactures rubber sheet and matting at its site in Wolverhampton. Its factory has undergone significant renovation and restructure over the last two years.

It said the customer benefits of this work include: improved warehousing of all stock; improved stock profile, reflecting analysis of customer demands; faster response to customer enquiries and shipment of orders; and improved quality standards.

The site encompasses more than 20,000 square feet of warehouse and office space, and has significant scope for future expansion of the business, said the company.

Andrew Onions, a director at MacLellan, said: “Private investors have provided the majority of the funding to complete this deal and we recognise that this level of support is not insignificant at this time. We have also worked closely with HSBC to secure working capital and are hugely impressed by their ability to recognise the potential of this business.”

Fellow director Simon Winfield said: “Our dedicated, knowledgeable and customer focused account management team remains unchanged and are looking forward to working with our customers as we introduce improvements to our market offering over the coming months.”

From PRW.com (A Crain publication)