2011

Year

Industrials

Sector

Stewart Group Holdings Ltd

Client

ECI

Acquired By

Stewart Group Holdings Ltd / ECI

Cavendish is pleased to announce that ECI, one of the UK’s leading mid market private equity houses, has invested £12 million in The Stewart Group, a manufacturer of plastic moulded products for the gardening and catering sectors, in a deal valuing Stewarts at £17 million. The deal was structured as a management buy-in/buy-out (BIMBO) with Richard Butler, joining the business as Group CEO. Cavendish acted for Lee Mowle, the owner and CEO of Stewarts.

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