Manro
A leading manufacturer of chemicals for the major producers of household detergents and personal care products and of speciality chemical for general applications.
Montagu led and structured the £32.6 million Management
Buyout of Manro Holdings Limited ("Manro") from its parent,
Hickson International plc in 1996. The total institutional
investment of £13.3 million was co-underwritten with NatWest
Ventures who invested £3.3 million. The balance of the funding was
provided by Midland Bank by way of a term loan, working capital
facilities and capital expenditure facilities.
Manro was a leading manufacturer of chemicals for the major
producers of household detergents and personal care products and of
speciality chemical for general applications. It operated
production plants at Stalybridge in Cheshire and Liege in
Belgium.
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