KBS Corporate Completes the Acquisition of Dunwood Polymer Services Limited
Dunwood Polymer Services Limited specialises in the distribution of water-based polymer dispersions. The Yorkshire based company has over 25 years’ experience.
The successful offer came from Richard Baker Harrison Ltd, part of the OBG Group. Since 2017, OBG Group has been following growth strategy via acquisitions which is supported by a £27.3m investment package from HSBC. The acquisition will see the creation of a new company Dunwood Specialities Limited.
Peter Stanton, Owner of Dunwood Polymers commented: “We are very excited by RBH’s acquisition and the opportunity it creates to deliver on our customers’ requirements. I am delighted to be part of a team whose entrepreneurial spirit means we will work together to offer a wider portfolio of materials and more efficient supply chains to help us focus on service and broaden our innovation horizons.”
Martin Cicognani, Managing Director of RBH commented: “This investment provides us with a wider scope for future-focused development and a strong customer base for our products and services that will help to inspire change across our specialist markets. We are excited to launch Dunwood Specialities as part of the RBH Group and look forward to its immediate contributions to our success together.”
Following the acquisition Peter Stanton and Stacey Turner, of the Dunwood management team, will remain. This is will enable the underlining the commitment of both organisations to create added value for customers and stakeholders.
Dunwood Polymers was advised by Tom Eatough, Associate Corporate Director, throughout the process.