KBS Oversees Acquisition of JHT Fabrications Limited
JHT Fabrications Limited specialise in the design, development and manufacture of products for the environmental, water and construction sectors. The company is based in the North East, and boasts a strong portfolio of national blue-chip clients, many of whom have been with the business over 10 years. JHT Fabrications Limited has been trading for over 15 years, and holds a number of industry accreditations.
The shareholders instructed KBS Corporate in order to facilitate further growth via the impetus of a new owner.
Following this KBS Corporate implemented a diverse research strategy which generated several interested parties and three competing offers. JHT Fabrications Limited attracted a variety of interest including trade, investment, private and overseas buyers. This allowed KBS Corporate to negotiate an uplift from the initial bids.
The ultimate buyer was IPO Capital a Danish investment firm. The deal structure includes a partial acquisition of JHT Fabrications Limited, with the current shareholder retaining shares in the company post sale. The acquisition will allow IPO Capital to establish an engineering group in the UK, which will be strengthened by further bolt on acquisition is the future.
The deal was overseen by Fabio Rambelli, Associate Director at KBS Corporate, who commented,
“It has been an absolute delight working with Lee and Joanne at JHT and I am confident that IPO Capital will be able to take the business to new and prosperous levels over the coming years.”