For over 180 years Eley Group has been manufacturing high quality ammunition. It specialises in .22 calibre cartridges. The business is widely regarded as the world leader, with its flagship product Tenex sold in more than 130 countries.
With an industry leading reputation for unrivalled accuracy, Eley’s products are used in target shooting by Olympic standard athletes at all major global tournaments.
Providing accurate advice
In October 2014, we supported the management team in a £42m carve-out from IMI plc, with the significant investment dedicated to further the growth of the Midlands manufacturer.
The management team chose to partner with LDC due to the considerable support and expert guidance it was able to offer as the team set the necessary foundations to be a standalone business.
The deal provided further capital to help accelerate the continued growth of Eley, primarily through new product ranges and further penetration of the global marketplace.
New opportunities
Opening up new sales opportunities, Eley diversified into supplying athletes participating in the skiing and shooting sport Biathlon – an event in the Winter Olympics.
LDC’s involvement has had a hugely positive impact on the business, thanks to its huge support of the management team as it establishes the governance, controls and systems of being a standalone business rather than an arm of a PLC.”Nick Brayshaw, Non-Executive Director
Eley Group
