- Quinn advise LDC in British Salt £100 million buyout
Quinn advise LDC in British Salt £100 million buyout
The Quinn Partnership Management Consultants have advised on the £100 million buyout of Cheshire based company, British Salt. The business has been acquired by management and private equity firm LDC from it’s American parent company US Salt Holdings.
Employing 125 staff, British Salt produces almost 500,000 tonnes a year for foodstuffs including bread and canned vegetables, chemical production, animal feeds, water softening, processing in the hide and skin industry and other uses at it’s site in Middlewich.
Andrew Brown lead the management due diligence from The Quinn Partnership and said of the team, “They are extremely well equipped to take the business forward. There is potential in not only the UK but oversees markets and this team, backed by LDC are skilled in maximising their potential.”