Dains oversee multi-million pound sale of composites firm

Deal summary
Dains corporate finance advised on the sale of Langley Mill-based Amber Composites as it sold the business to Dutch textile technology company Royal TenCate in a multi-million pound deal.
Specialising in the production of advanced composite materials, the company serves customers worldwide in the aerospace, automotive, motorsport, and marine industries. The company has put particular emphasis on making vehicles more efficient and has recently won large contracts with major automotive manufacturers.
Amber Valley Holding Company will use funds raised from the sale to invest in TRB Lightweight Structures, a design and manufacturing business it purchased along with Amber Composites in 2007. Jonathan added: “We are looking forward to focusing on TRB where our goal is to become a world leader in the design and manufacture of lightweight structures.”
The difference we made
After gaining a thorough understanding of the business, its financial performance and its unique features, we were in a very strong position to present the key value drivers of Amber Composites. As a result of our engagement we were able to present the business in such a way that we extracted significant further value for shareholders beyond the initial offer.
We also ensured that the company was ready for the rigorous due diligence exercise which was undertaken as part of the process, supporting the shareholders every step of the way.
What our client said
Director of Amber Valley Holding Company, Jonathan McQueen commented: “The expert advice, project management, and leadership Dains has provided throughout this complex deal was invaluable, allowing me to continue to manage the company effectively during the process.”
What we said
Jenny Moore comments: “Amber Composites is a world class manufacturer at the cutting edge of composite materials technology. This transaction has completely justified the management team’s strategy of providing outstanding customer service and continuing to invest in the business despite the uncertain economic environment.”