Hodgson Sealants

Park Place advised family-owned Hodgson Sealants Group on its acquisition of Britchem, a Heckmondwike based private label sealant manufacturer for both UK and export markets.

The transaction was funded by a seven-figure finance facility from Lloyds Bank.

Hodgson Sealants was founded in 1968 and, together with its sister company HS Butyl Ltd based in Hampshire, is the leading independent sealant and butyl tape manufacturer in the UK employing some 200+ people.

The technologies manufactured at both companies are complementary and the acquisition allows the newly extended Group to offer customers an unrivalled range of UK manufactured sealant and tape technologies, as well as increased capacity to meet the demands of the group’s growing sales.

Max Hodgson, Chairman at Hodgson Sealants said, “Reflecting on our deal in acquiring Britchem, we have very much appreciated the excellent support we received from all our advisors, in particular from Natalie Boswell at Lloyds Bank, Richard Firth at Park Place and Matthew Smith at Andrew Jackson Solicitors.  We have great relationships with all these guys.  Thank you very much – we couldn’t have done it without your help and direction keeping us on the right track.“

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