Submission Date: 15/08/18
Completion Date: N/A
Target: F.J.E. Plastic Developments
Acquirer: The Celli Group
Deal Value: Undisclosed
Deal Description: Acquisition of the entire issued share capital of F.J.E. Plastic Developments Ltd, a UK based specialist in recycled plastics and plastic moulding injection. The company was acquired through Celli’s UK subsidiary, ADS2 Holdings Limited, which had worked with FJE for a number of years, and which should result in a smooth integration and expansion of Celli’s manufacturing capabilities in the UK and across the Group.
Legal Advisers: The IBB team advising the Celli Group was led by Adam Dowdney (Partner) and included Harriet Jones (Senior Solicitor) and Michelle Waligora (Solicitor) of the Corporate Commercial team as well as Richard Devall (Employment Partner), Jeff Elphee (Real Estate Partner) and Carina Turetta (Real Estate Solicitor).
Funding: KPMG
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