Industriële en vervaardigingsbedryf

I would certainly, without hesitation, recommend Benchmark International. I felt that they looked after us through every step of the process. I was solid in the knowledge that I always had Benchmark International to support me through the process.

We had some very specific needs in terms of exit plans and Benchmark International understood that. They really understood how to present to prospective acquirers and put us first in that sense, and they were better than we’ve had before, after having worked with others in the same process that didn’t go through.

It’s too early to assess impact on the business but we do not envisage any major changes to the business or our strategy. With express lead times and the extra-mile service that the business has been built on, ‘can do’ is our slogan. As much of the packaging sector is losing its way with high-profile acquisitions the business was keen to find a home where the key strengths would be retained. We were happy to find a private equity company whose main philosophy was to buy and hold not buy and sell.

By using our US funds to buy in the UK we are taking advantage of the strong US dollar and historically weak UK pound, while also dramatically increasing our portfolio's geographic diversification. We have spent a lot of time evaluating the risks associated with the UK and Brexit and we feel that there are still plenty of opportunities to buy exceptional companies who will remain strong and successful regardless of the future economic outcomes for the country.

I would like to thank Benchmark for the professional way in which this transaction was handled! I wouldn’t have been able to handle the complicated negotiation and all the required paperwork on my own. Their expertise is exemplary! Letsema have negotiated in a fair and professional way throughout and I wish them all the best for their future with the two Marlyn companies.