La Salle complete multimillion pound paper rolls deal
La Salle Corporate are delighted to have advised on the sale of Premier Vanguard, the country’s largest independent manufacturer of paper rolls, to EVO Group of Companies.
Bradford-based Premier Vanguard employs around 80 staff and has annual sales of more than £20 million ($26 million). It has been enjoying strong double-digit growth recently as it has developed specialised offerings for verticals such as retail, healthcare and hospitality, making it one of the strongest suppliers of GNFR (goods not for resale) in the UK.
Matt Dillon, Partner at La Salle, who led the deal, commented:
“It was a pleasure to work with John & Dominic. The strategic fit with EVO was evident from the first meeting and the deal provided individual exit strategies for John and Dominic. I wish them both all the best in the future and every success with Premier Vanguard”.
Co-Directors John Clemie and Dominic De Luca said:
“We feel that the time is right for Premier Vanguard to enter into a new phase and this transaction will strengthen our ability to drive the excellent diversification course we have proved successful at over the past 12 years. We are excited to be part of a larger group and look forward to the new opportunities this will bring us.”
Dominic also added:
“Matt has been absolutely critical to the success of this sale.
His ability to steer you through the very choppy waters that any deal will bring is, to me, essential for anyone about to embark on this process.
I would recommend Matt wholeheartedly and be happy to speak on his behalf.
"
EVO Group CEO Steve Haworth added:
“This acquisition is a good fit with our strategy and will bring a wealth of opportunities to both EVO and Premier Vanguard. Premier Vanguard will continue to run as an independent group company alongside VOW”.
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