Case Study
SH Fiske
SH Fiske, a sheet plant specialising in the design and manufacture of corrugated packaging solutions for various industries, located in Bristol.
The Goonvean Group were approached by an independent advisor, acting under instruction of the shareholders of SH Fiske.
SH Fiske represents a significant extension to RH Fibreboard’s production capabilities, and as such the potential combination of both businesses was a very exciting opportunity.
Solution
A series of meetings and discussions with the shareholders and advisors resulted in an agreement for the acquisition and a way forward so that RH Fibreboard (supported by Goonvean Group) acquire 100% share ownership.
Outcome
The acquisition went through as planned and following the completion date the two businesses have focused on working together, optimising the skills and capabilities across the two companies.
Capital support has been provided by Goonvean Group to help underpin the combination.