Based in Consett, Durham UK, Warwick Equest has earned a stellar reputation for manufacturing an extensive range of stained fabrics, which have been used worldwide in the development of high-performance detergents for over 30 years.
Mottie Kessler OBE, Chair and CEO, 2M Group of Companies, said: “The integration of Warwick Equest into the 2M Group will open up opportunities for collaboration and innovation, further enhancing customer partnerships and driving growth for both businesses.”
Oliver Diamond, Group Strategy and M&A Executive, 2M Group of Companies added: “I would like to thank Robert and the wider team at UHY for their continued support after a successful completion - we look forward to working with the team again in the future.”
UHY’s Corporate Finance team worked with 2M Group of Companies on this acquisition, with Managing Director, Robert Kidson, and Senior Manager, Irfan Topia, providing financial and taxation due diligence.
Irfan Topia, UHY Corporate Finance Senior Manager, commented: “It has been a pleasure working closely with Oliver (and the 2M team) and I am delighted that we have successfully completed another transaction.”
The deal provides 2M with an exciting opportunity to take the business forward and continue to expand their supply added value chemistry-based products and applications know-how to the life science and material science sectors.
