Windmill Extrusions Limited
LGB has arranged an exit for investors in the company’s 2014 MBO.
In 2014 LGB arranged a management buy-out at Windmill Extrusions Limited. Founded 30 years ago and based in Ashbourne, Derbyshire, the company is one of the largest retail and plastic extrusion manufacturers in the UK. It provides a wide range of standard plastic extrusions and has established a particular niche in the provision of retail POS and ticket rail products. It is the supplier of data stripping to several major retailers. Investors in the MBO included a fund advised by Heritage Capital Management. LGB has arranged for the fund to acquire the shares and loan notes of the other investors. The transaction has provided a profitable exit for the investors and additional capital for the company. MD Peter Jones will continue to manage the business and retains a shareholding in the company.