Wednesday 2 October 2019 – Smith & Williamson has advised Amberley on its sale to Coveris.
Amberley is a UK manufacturer of high quality and innovative self-adhesive labelling solutions. Its purpose built manufacturing site in Dorset enables it to serve the needs of every customer, ranging from high profile brands in the personal care and home sectors to smaller family owned businesses. Founded over 40 years ago, Amberley has been awarded a number of industry accolades, including ‘Label Printer of the Year’, recognising the family owned business as one of the UK’s premium label producers.
Smith & Williamson worked with the shareholders of Amberley to deliver a successful sale of the business to Coveris, a leading Europe packaging manufacturer that provides high performance and sustainable packaging solutions for some of the world’s most respected brands. Coveris, headquartered in Vienna, Austria, operates 24 sites in the EMEA region with 4,500 employees.
Amanda Phillips, who heads up the Corporate Finance offering in the Southampton office of Smith & Williamson, led the transaction assisted by Stuart Goodman and with support from Rebecca Combes and her tax team at Smith & Williamson.
Trevor Smith, Managing Director of Amberley, said “A sale process can be intimidating to the uninitiated; however the guidance and advice provided by Amanda and the team at Smith & Williamson ensured it was as pain-free as possible. They were on hand to support us throughout, working tirelessly to deliver a transaction with a party who understands the market and recognises the potential for Amberley and its digital printing technology capabilities.”
Amanda Phillips said “Smith & Williamson has a track record of supporting private businesses to enable them to achieve their ambitions and we are thrilled to have helped support Trevor and his team realise the value they have created. This is a successful local business which should continue to grow and prosper under the new ownership creating even more opportunities for the stakeholders within the business.”
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