Established in the 1980’s, Chichester based DW Plastics is a manufacturer of high-quality bespoke plastic extrusion profiles. DW Plastics supplies its products to a wide variety of customers across a range of trade sectors and is well known in the industry for its design expertise and technical support.
How has Panoramic helped?
Panoramic’s investment enabled the senior management team to acquire DW Plastics from the retiring founders by way of management buy-out. The funding also provides additional working capital to support management’s ambitious growth strategy, including the development of new products targeted at the marine, construction and retail sectors.
Managing Director Sue Burley:
“We are pleased to be working together with Panoramic. Given their professional and approachable style they were the clear choice to support management in the MBO. During the investment process, Panoramic invested a significant amount of time to fully understand the business and get to know the management team.”
Amount invested: Undisclosed
Date of investment: Dec 2016
Deal type: Management buy-out