LDC exits ATG Access in £22.5m sale to Hill & Smith Holdings PLC
22 Feb 2019
This is the next step in our growth journey and will bring exciting new opportunities to our people and our customers."
“LDC has been a hugely supportive and strategic partner, helping the group unlock its potential in new overseas markets and supporting our continued product development story. Becoming part of a global group like Hill & Smith will support our business continue to grow in overseas markets around the world.”
Ged Gould, Senior Director at LDC in the North West, said: “The team at ATG has successfully grown the business at home and aboard, and continue to demonstrate the global demand for a quality British engineered product. We wish them every success as part of Hill & Smith.”
Derek Muir, Group Chief Executive of Hill & Smith, added: “The acquisition provides the Group with a strong platform to introduce new products and new geographies, thereby accelerating the expansion of both our existing UK and international roads businesses. We are excited to welcome ATG and its employees to the Group.”
LDC and ATG Access were advised by KPMG Corporate Finance and DLA Piper.