The industrial products team at Transcend Corporate, led by Chris Bill, has advised the shareholders of Ferrabyrne Holdings Ltd on the sale of their business to Dellner Polymer Solutions. The deal was completed on 16th June 2022.
Ferrabyrne is a specialist supplier of rubber-to-metal bonded components and rail suspension systems and has been supported by YFM since their investment in 2016. The business has more than doubled its turnover during this time and expanded into both China and India. This exit marks the fourth successful exit from YFM’s Buyout Fund 1 that it raised in 2016. Dellner Polymer Solutions provides technologically advanced vibration control, rubber fabrication and bonding solutions for a global market.
Ken Horton, MD and major shareholder of Ferrabyrne, said: “This transaction is an exciting step for the future development of Ferrabyrne. Our team is looking forward to realising the enhanced opportunities within the Dellner Group. Chris and his team have provided great support throughout the process. They ensured that we delivered a result that has allowed the shareholders to realise the value that we have created in Ferrabyrne”.
Transcend Corporate partner, Chris Bill, commented: “We are delighted to have been able to help Ken, YFM and the team. The business is a strategic asset in the global rail industry and interest in acquiring it was high. In managing the sale process, we were able to identify Dellner Group as an ideal future home for Ferrabyrne. This transaction will provide both Dellner and Ferrabyrne with the opportunity to continue their growth and leverage the clear synergies that this exciting business combination now creates.
James Savage, Partner, YFM said: “We’ve been really pleased with the support and advice provided by Chris and the team at Transcend. They’ve managed the process well from start to finish with their Partner led approach. Their experience working with PE-backed businesses like Ferrabyrne was evident throughout, while their responsiveness, attention to detail and sound strategic guidance have been crucial to the successful outcome.”