Moorcrofts advises on management buy-out of Maidenhead's Plastor Limited

Published by

Nicky Godding

Moorcrofts LLP has advised Plastor Limited, a leading UK supplier of plastic containers, as part of a management buy-out. Operating from its head office in Maidenhead, Plastor was established in 1992 as independent consultants and suppliers of a comprehensive range of plastic storage containers and materials handling equipment.

Today, it is one of the leading storage and handling product specialists in the UK, offering a huge range of high quality products and specialist advice to the biggest and smallest companies, across all industries.

John Yates, Plastor’s founder said: “I am really pleased to note that as I step down, I am leaving the Company in very capable hands, with a strong management team who have worked with me and the Company for many years, I am sure the Company will continue to go from strength to strength. Many thanks to Teri Hunter and the Marlow-based Moorcrofts team and Sean Egan from Craufurd Hale for all their help and support and for making this a smooth transition”.

Teri Hunter said: “We are delighted to have assisted Plastor Limited with regard to this management buy-out, John and the team at Plastor are obviously very close like a family, and it has been a pleasure to work with them all on this matter. We wish the new team the very best for the future.”

Craufurd Hale LLP provided tax and accountancy advice on the process.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.