Evolve Corporate Finance Advises Sale to Reddiplex
Deal News | Mar 04, 2025 | Evolve Corporate Finance
The Midlands-based rubber manufacturing specialist has been successfully sold to Reddiplex, a leading consolidator in the market sector, with advisory support from Evolve Corporate Finance. This acquisition is poised to support the business in enhancing its growth trajectory, investing in new product development and fostering innovation. Moreover, the transaction allows for a full exit for the company's current shareholders, marking a pivotal transition phase in the business's lifecycle.
Sectors
- Manufacturing
- Corporate Finance
Geography
- United Kingdom – The companies involved, including the Midlands-based rubber manufacturing specialist and Reddiplex, are situated in the UK.
Industry
- Manufacturing – The article is centered on the sale of a rubber manufacturing company, placing it within the manufacturing industry.
- Corporate Finance – Evolve Corporate Finance's role in advising the sale highlights the relevance of the corporate finance industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Evolve Corporate Finance | Advisor | Company | Evolve Corporate Finance provided advisory services for the transaction. |
| Midlands-based rubber manufacturing specialist | Target Company | Company | A rubber manufacturing company in the Midlands region, involved as the target company in the sale. |
| Reddiplex | Bidding Company | Company | A leading market consolidator in the sector, acquiring the rubber manufacturing specialist. |