Doncaster based Don Valley Engineering has been sold in a management buyout, to the existing management team, for an undisclosed sum.
Our Corporate finance advisors Andrew Rose and Stuart Jobbins advised the shareholders of Don Valley Engineering Holdings.
Established in 1947, Don Valley Engineering is a global leader in the design and manufacture of screens, feeders and centrifuges for the heavy bulk materials handling markets and is now one of only two companies within Europe capable of providing a complete in-house solution for every aspect of the maltings process. It is also the preferred supplier to many of the leading global quarry, mining and mineral processing businesses.
Roger Allan, previous Managing Director of the company and representative of the shareholders throughout the transaction commented, “I am delighted that the future of the company and the employees has been cemented under the management team. It was important to me for the firm’s excellent reputation to be maintained and their knowledge of the business will ensure that it continues to grow and succeed in the future.”
“Andrew and Stuart were integral to the success of this transaction and provided calm guidance and commitment throughout the process”.
Andrew Rose said, “Murray Harcourt are delighted to have been able to assist Roger and the shareholders of this iconic Yorkshire business to realise an exit in a manner which assures the future prosperity of the business. This again demonstrates our commitment to achieving great results for our clients and builds on our existing credentials in the engineering sector.”